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Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2
EconomyBankingThe Bank of Greece has released the latest data on non-performing loans for the second quarter of the year. It shows the NPE ratio standing at 21.3 pct - a level not seen in several years. Broken down by segment, consumer NPEs were the highest at 33.6 pct, followed by roughly equal percentage
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Price hikes pose fresh challenge for government
PoliticsGreek PoliticsThere are indications that following the latest GDP data announced this week, Mitsotakis may even have
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New Covid measures readied as doubts about key cabinet choices rub off on PM
PoliticsGreek PoliticsApostolakis to the post and 52 pct said he was right not to accept it. Covid measures The latest
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Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
EconomyMacroeconomypercent. According to the European Commission’s latest business surveys for June, industry confidence
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ND aiming to sway sceptical young voters despite overall poll dominance
PoliticsGreek PoliticsA day before Kyriakos Mitsotakis is due to set out his latest policy ideas at the Thessaloniki International Fair (TIF), reports suggest that the package of measures will also include interventions aimed at young Greeks – a constituency of voters that New Democracy seems to be struggling to connect
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PM announces extensive measures to build on recovery, counter inflation and put govt on track
PoliticsGreek Politicsthat following the latest GDP data, the government now expects the economy to grow by 5.9 pct rather than
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Growth in building activity decelerates to 17.6 pct in June after post-lockdown boom
EconomyMacroeconomy. The European Commission’s latest business sentiment indicators for August showed that the construction
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societyplanning – for example, grid manager IPTO’s latest consultation document assumes an average CO2 price
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Opposition questions true scale of PM's handouts, as speculation grows about snap polls
PoliticsGreek Politicssuggested by the latest positive growth figures. On the flip side, the looming end to the escape
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Unemployment rate down to 14.2 pct in July, lowest since Nov 2010
EconomyMacroeconomy. The latest available data from the Labour Ministry’s Ergani database for July showed the employment
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