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OECD adds to strong recovery forecasts, sees 6.7 pct growth this year and 4.8 pct in 2022
EconomyThe OECD is the latest international organization to affirm the view that Greece is experiencing a strong economic recovery this year and will see continued expansion into 2022, assisted by the RRF. The Paris-based organization sees Greece growing by 6.7 pct this year and just short of 5 pct
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MEP Androulakis takes first round in KINAL leadership vote after notable turnout
PoliticsGreek PoliticsSocial democratic MEP Nikos Androulakis and former prime minister George Papandreou will contest the leadership of KINAL in a run-off ballot next Sunday after an impressive turnout in the first round of voting to elect a new head for the centre-left party on December 5. Androulakis gained almost
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GDP up by 2.7 pct QoQ in Q3, taking growth for first nine months to almost 9 pct
EconomyMacroeconomyYoY in Q3, marking five continuous quarters of annual rises above 5 pct as the state stepped
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Polls boost for KINAL after leadership vote, as Androulakis rolls out key appointments
PoliticsGreek Politics. KINAL (Movement for Change) has almost doubled its ratings with a gain of more than 5 percentage
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Loans managed by servicers rise by 10.44 bln in Q3 as banks clean up balance sheets
EconomyBankinginstitutions serviced by the CSFs rose to 32.58 billion euros, up by nearly 5 billion euros. Within
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Banks wrap up balance sheet transactions for 2021 on path to slashing NPEs
EconomyBankingincludes 190,000 loans, 77 pct mortgages at 4.7 billion euros, 18 pct SMEs, 1.1 billion euros and 5
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Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
EconomyMacroeconomy-on-year, employees increased by 5 percent. Self-employed with employees were up by 7.2 percent
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Covid spike forces change in govt plans, eclipsing deal with banks for rollout of RRF loans
PoliticsGreek Politicsto 12.7 billion euros. Bank credit tied to it is seen at 12.7 billion euros, including 5 billion euros
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A busy year of diplomacy for Athens, but Greek-Turkish ties stagnate
PoliticsForeign Policyon the territorial integrity of either Greece or France even from other NATO member states, as Article 5
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Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
EconomyBankingshift more than 5 billion euros off their balance sheets in the coming months, with the Hercules II
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