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Newsletter 427 - 14/06/2024
in support for the conservatives, who gained almost 41 pct in the general elections a year ago, was largely... and experienced a sharp drop in support compared to the 41 pct it got just one year ago in the national... that the government intends to prepay the three-year period of 2026 to 2028 for a total amount
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Newsletter 428 - 21/06/2024
the progressives unite. In last year’s local elections, PASOK and SYRIZA backed Doukas as he defeated New... year’s national elections, Kasselakis said he would. His comments, as well as the position taken... structural interventions” through the second half of the year. Mitsotakis claimed the measures had begun
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Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
EconomyBankingin H1 and 73 percent from collateral. P&L NII was 829 million euros in H1, up by 6 percent year-on-year, from 779 million in 2023. Net fee and commission income was 197 million euros in H1, from 173 million euros last year, up by 14 percent. Trading income was up to 68 million euros, from 53 million
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Current account balance turns positive in June thanks to improved services surplus
EconomyMacroeconomylast year. The deficit for the balance of goods came to 2.48 billion euros in June, from 2.7 billion euros in the same month last year. Total imports came to 6.65 billion euros in June, from 6.74 billion last year. At the same time, total exports came to 4.18 billion euros, from 4.04 billion in June
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PM gears up for communications drive as PASOK marks 50 years
PoliticsGreek Politicsyear, rather than the 0.5 that had been planned. Another 0.5-point drop was due the following year... professionals, who were impacted by the change in their tax regime earlier this year. The extra tax that the self-employed were forced to pay this year is seen as a key factor in New Democracy’s
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Industrial Production grows 10.6 pct in Jul as electricity and manufacturing lead way
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) grew in July by 10.6 percent year-on-year (YoY), after...) data released on Tuesday. The index now has just one negative reading in March this year since August... last year, industry confidence is now down by 1.7 points. In addition, Greece’s Manufacturing PMI
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Draft budget maps out narrow fiscal path for coming years
EconomyMacroeconomybudget for next year reflects the framework of fiscal discipline that started after the turbulent events... the pandemic, the Greek authorities are expected to overdeliver on the primary surplus this year, which.... The primary surplus next year will marginally improve to 2.5 pct of GDP and, according to the MTP
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Revision of GDP to have varied knock-on effect
EconomyMacroeconomy, along with some benchmark revisions of the base year to 2020 and the years prior, starting at 1995. ELSTAT revised up the growth outcome for last year, from 2 pct in the March first estimate to 2.3 pct.... The new base year moving to 2020 favoured the revisions as in volume terms the new base year
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Mitsotakis ups stakes in clash with opposition and internal rivals
PoliticsGreek Politicsover how the Greek authorities handled wildfires this year turned out to be more significant... the government in the face of opposition criticism about poor preparation and response during this year’s... last year and, despite this increase, the total surface area burned was 44,000 hectares compared
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Newsletter 440 - 08/11/2024
in the national elections a year earlier. New Democracy has also been consistently performing poorly... consists of tax incentives. The government will reduce from next year social insurance contributions... measures include a stipend to pensioners that will not see any rises next year due to an imbalance
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