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NBG posts 557 mln profit in Q1
EconomyBankingto 16 bps in Q1, led to a improvement of the bank’s blended funding cost to nearly zero in Q1 (2 bps
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PMI jumps to 58 points in May, strongest upturn in 20 years
EconomyMacroeconomy, especially for components such as metals and packaging. The rate of cost inflation was the steepest
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MTFS forecasts growth of up to 6.2 pct in swift economic recovery from Covid
EconomyMacroeconomyThe Finance Ministry submitted to Parliament the latest Medium-Term Fiscal Strategy (MTFS) for the 2022-2025 period, during which a strong economic and fiscal recovery is anticipated following the damage inflicted by the pandemic. The MTFS also outlines the extent of the fiscal cost the pandemic
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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeatures. The fear of social unrest and the associated political cost led to delays in implementation both
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Newsletter 302 - 18/06/2021
cost the pandemic had on the Greek budget, with a total of 33 billion euros of support committed
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Catering and entertainment businesses chafe at vaccination status rules
PoliticsGreek Politicsclarifications. The requirement for negative test results is also seen as an additional cost
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PMI up to 58.6 pts in June on strongest rise in new orders for 21 years
EconomyMacroeconomyshortages. Input prices rose substantially, leading to the higher cost of inflation, with prices rising
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Growing Covid threat foils government's attempt to look ahead
PoliticsGreek Politicstransition cost of 3 billion euros during the first decade. The institutions were also reassured
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Newsletter 306 - 23/07/2021
satisfied by the manageable transition cost of 3 billion euros during the first decade
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PMI grows in July, but supply chain issues and price pressure come to fore
EconomyMacroeconomywere faced with the tough choice between absorbing soaring cost burdens, or protecting their margins
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