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Mitsotakis moves to quash polls speculation in aftermath of Samaras ouster
PoliticsGreek Politicsthe dramatic events of ten days ago, speculation has been rife that faced with a rebellion in his party... onside on this issue. The portion of those who disagree, however, ranging between 16-25 pct depending
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Newsletter 451 - 14/02/2025
(YoY) from 3.3 percent in the previous month. The index grew for ten of the twelve months in 2024... weeks in office, making its intentions known through the prospect of wide-ranging tariffs
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Farmers dig in as clashes and political tension escalate
PoliticsGreek Politicsnearly three in ten voters (28.4 pct) reject both, underscoring the vacuum of credible alternatives.... Three farmers were arrested in Larissa on charges ranging from assault to property damage, while
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Lower spending, extra revenues result in budget execution beating targets in March
EconomyMacroeconomyin the last ten days of March and privatization revenues of 190 million, that were initially due... by 8.8 percent in March, after increasing by 11 percent in February, bringing the 3-month figure.... This is mainly attributed to increased revenues of 952 million in March bringing the 3-month figure at 1.45
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingby 304 million euros bringing the stock to 32.2 billion in Q1. The latest quarter marks ten straight... a phasing impact of around 60 bps was noted in Q1 bringing the CET1 ratio on a fully loaded basis
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Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
EconomyBankingBank’s first quarter results showed that pre-writeoff NPE stock fell by 304 million euros bringing the stock to 32.2 billion in Q1. The latest quarter marked ten straight quarters in which NPE... focusing on bringing down the volume of bad loans on their books. The target is to bring the stock down
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Newsletter 280 -15/01/2020
over six in ten of those surveyed by Prorata believes there is a prospect of snap elections... Democracy’s election campaign focussed on bringing efficiency to the way Greece is governed..., bringing the total figure to a surplus of 728 million euros. The equivalent figure for the same time
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Company closures dropped sharply during the pandemic
EconomyFeaturesand 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
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Of symmetry and adjustments in the eurozone
Agorareasons why an export-led model cannot work: The first is the many times recalled fallacy... on an export-led growth model Germany and Europe will be forced to rely on somebody else’s growth... model Europe would condemn itself to a secondary role. * Francesco Saraceno is Senior Economist
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The conundrum of Greek olive oil exports
EconomyFeaturesin Spain. But Greece’s olive oil export model is stuck in a rut. That’s because the vast majority... the mould of the current export model. The figures tell the story of how beneficial a change in strategy... model would increase efficiency, strengthen marketing and in turn help the branding of Greek olive oil
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