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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politics. On the pandemic front, SYRIZA believes that the government’s efforts to play down recent... support for the parties, New Democracy’s backing has edged down from 33 pct in December to 32.5. During
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Questions over handling of rape case turn spotlight on policing and legacy of Greek #MeToo
PoliticsGreek Politics. On Tuesday, the Culture Ministry announced that it would be turning down a grant for the building... has preoccupied the party since it lost the elections in 2019, and was forced to cancel or scale down
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Credit expands by 1.3 pct in Dec as loan balances drop by more than 31 bln in 2021
EconomyMacroeconomymillion euros in October, taking the balance to 30.89 billion euros. Consumer credit was down 52... to housing loans down by more than 15 billion euros, followed by corporate loans at 8.11 billion euros
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Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyand food and beverages are down 16.6 pct monthly, suggesting that Greek households have started containing... officials would want is to fail to deliver on the ambitious goal of reducing the primary balance down
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Govt moving ahead with social security fund overhaul despite opposition
PoliticsGreek Politicsvia the Supreme Council for Civil Personnel Selection (ASEP) to help bring down the number of pending... decade and that most voters will be in favour of the public sector being pared down. Tsipras, though
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Faced with limited policy options, govt mulls inflation handout
PoliticsGreek PoliticsAthens to temporarily reduce VAT on some goods from 13 to 6 percent or to bring down the special... social media accounts, including some suggestions that Tsipras needs to crack down on such dissent
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Deposits decline by 2.23 bln in customary Jan drop
EconomyMacroeconomyin January marginally slowed down to 9.3 percent, from 9.9 pct in December and 10.4 percent in November... at notice increased by 39 million to 2.65 billion and other deposits were down by 885 million to 26.41
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Recovery loses steam in Q4 with 0.4 pct QoQ growth as rise for 2021 hits 8.3 pct
EconomyMacroeconomyGDP also slowed down to 7.7 percent growth, from a downward revised 11.4 percent in Q3. During 2021... percent. Household spending was up by 8.6 pct YoY, while government spending was down by 0.8
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In first contraction since Oct 2020, Jan IPI falls by 10.9 pct MoM
EconomyMacroeconomywas down by 3.2 percent. Month-on-month (MoM), the index dropped by a sharp 10.9 percent in January... signalling growth in the sector. The expansion in new orders continued to slow down, as supply chain issues
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NBG reports profits of 833 mln in 2021
EconomyBankingincome (PPI) stood at 1.12 billion euros, down by 34 pct on the 1.71 billion euros in 2020. Core... trading income in 2021 was 404 million euros, down by 63 pct from 2020, when it amounted to 1.1 billion
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