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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economy. This is underpinned by an estimate of average growth up to 2025 of 3 pct. The stable outlook reflects
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With focus on energy, Athens hopes for boost from Macron re-election
PoliticsGreek Politicsin northeastern Greece on May 3, where work is due to begin this summer on a floating liquefied natural gas
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Athens promotes role as energy hub as PM prepares for talks in Washington
PoliticsForeign Policyto carry 3 billion cubic meters of gas per year, received funding from the EU as well as Greece
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Piraeus Bank reaps reward of 2021 balance sheet clean-up as net profit reaches 520 mln in Q1
EconomyBankingbeen completed. There are two main NPE actions remaining codenamed Sunrise 3 and Solar, of 600
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Mitsotakis heads to Washington with defence, energy and investment at top of agenda
PoliticsForeign Policyin a teleconference and the scheme now is extended to 3+1), Egypt, United Arab Emirates and Saudi Arabia
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Labour market on mend as March unemployment rate eases to 12.2 pct
EconomyMacroeconomythe rate for men stood at 9.2 percent, a drop of 3 pps year-on-year. Youth unemployment dropped by 14.3
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Public debt jumps by more than 6 bln in Q1, nearing 395 bln in total
EconomyMacroeconomyof over 3 billion euros in bonds and T-bills segment, coming exclusively from bonds. Repos increased
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingto 240.4 million euros in Q1, from 13 million in Q1 2021. Operating expenses increased by 3 percent
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Handling of energy crisis under fire as gas interruption tests supply security
PoliticsGreek Politicsvouchers from 45 to 80 euros. The latest measure, which the government claims will benefit up to 3 million
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Newsletter 344 - 01/07/2022
in Europe. Most maerket forecasts for Greece remain in the region of 4 pct for this year and around 3
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