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  1. Banks tout ambitious NPE plans to return to European mainstream
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    saw their 2020 results propped by bond swaps with the Greek state. That saw them book trading gains...Greece’s banks have started what was set to be a difficult year for them by winning plaudits for their progress towards meeting tough goals for reducing the stock of non-performing exposures. Last

    8%

  2. KINAL edges towards more central role in political developments
    Photo via https://kinimaallagis.gr/

    PoliticsGreek Politics

    of elections in the next 18 months is starting to concentrate people’s minds. New Democracy saw its... of MEP Androulakis as its new leader in December – the centre-left party saw its ratings increase... the polls suggest, the chances of the leftist winning the next elections are extremely slim

    8%

  3. Newsletter 386 - 23/06/2023

    Newsletters

    apartments - over five years old - saw their prices increase by 15.6 pct YoY. New properties saw price... suggest that up to nine parties have a chance of winning seats, although no more than seven have a strong

    8%

  4. The conundrum of Greek olive oil exports
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    to the Bank of Greece (BoG), only around 27 percent of the 300,000-plus tonnes which Greece exports per annum... demand for olive oil because the local cost of production is relatively high at 1 euro per kilogram... per cent higher than 2014).” Their report highlights that a more vertically integrated production

    8%

  5. Govt mulls tighter controls on movement, seeks to boost health supplies and Covid-19 tests
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    , equating to roughly around 1,500 tests per one million people. The number puts Greece behind Germany, where the last reported figure was over 2,000 tests per million people, but ahead of the United Kingdom, Spain and France with between 500 and 1,000 tests per million people. The Greek testing

    8%

  6. Government hopes new affordable homes bill can help alleviate housing pressure
    Photo by MacroPolis

    PoliticsGreek Politics

    . As of Q1 2025, Southern Athens reached 4,000 euros per square metre (up 9.2 pct year-on-year), Northern... per square metre (up 7.6% year-on-year), with the Northern and Southern zones reaching 11.24–12.86. In Thessaloniki, nominal rents for apartments up to 80 sqm reached 10.55 euros per Sqm, surging 17.6

    8%

  7. Greece: After a deal, work on a solution
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    economy. Source: Eurostat, Haver Notes: Q1 2000 = 100. Unit labour costs measure labour costs per unit... capital that could be wasted on another pension reform – with 45 per cent of pensioners already below... amounted to 16.5 per cent of GDP between 2008 and 2013, roughly twice as much as Portugal or Ireland

    8%

  8. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    an overall import capacity of 11.3 billion cubic metres per annum (bcm/y) through three entry points... in 2020, it will have an initial capacity to deliver 10 bcm of Caspian gas per year... metres per year. The project passed a technical feasibility study in 2016, and was ratified

    8%

  9. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    and retail trade; repair of motor vehicles and motorcycles” which saw 8,082 closures. While that may seem... actually dropped 18.9 percent. In fact, only one sector saw an increase in the number of closures in 2020: electricity, gas, steam and air conditioning supply, which saw an increase of 26.4 percent

    8%

  10. Significant fall in migrant arrivals but camp conditions a growing concern

    PoliticsGreek Politics

    work force is expected to be able to process around 50 interviews per day by next week and 100 per day... to process around 200 cases per day.” At the moment, the Frontex and EASO numbers are well down on what... are finding it increasingly difficult to induce migrants to cross from Turkey to Greece.” Greece’s concern

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