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  1. Newsletter 460 - 02/05/2025

    Newsletters

    will create around 1.5 billion euros in extra fiscal space, on top of an already estimated 1 billion

    11%
  2. Piraeus Bank profit at 284 mln in Q1, commissions income up to 160 mln
    Image via www.piraeusbank.gr

    EconomyBanking

    euros a year ago. Eurosystem funding was fully repaid, with the last 1 billion euros payment

    11%
  3. Industrial Production contracts 1.7 pct YoY in Mar as all components drop
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in electricity supply, 1.7 percent in manufacturing, 1 percent in water supply and 2.6 percent

    11%
  4. Eurobank net profits at 314.1 mln in Q1, commission income at 169.2 mln
    Image: MacroPolis

    EconomyBanking

    was 89.1 percent in Q1, from 92.6 percent a year ago. Capital The Common Equity Tier 1 (CET1) fully

    11%
  5. Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
    Photo by MacroPolis

    EconomyMacroeconomy

    surplus of 4.8pct, well above the government's 1 pct target and reversing the 1.4 pct deficit from 2023

    11%
  6. ND looks to preserve recent poll gains as Tempe issue returns to centre stage
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . No other party has more than 3 pct support, leaving six groupings between 1 and 2.9 pct. This highlights

    11%
  7. Macro and fiscal outlook for Greece remain favourable in latest EC forecasts
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    and increased hotel stay taxes are projected to offset the impact of a planned 1 percentage point cut

    11%
  8. Consumer confidence rises sharply by 4 points in May, other components drop
    Photo by MacroPolis

    EconomyMacroeconomy

    Indicator (EEI) dropped to 116.5 points, from 120.5 points in the previous month. The EEI is up by 1 point

    11%
  9. OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    expected to rise from 1.8 pct of GDP in 2024 to 3.6 pct in 2026. Recent fiscal measures include a 1

    11%
  10. Finance Ministry seeks solutions to address growing housing problem

    Economy

    programmes, such as “My Home 1”, “My Home 2”, “Renovate - Rent”, the return of one month's rent every

    11%