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Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
EconomyBankingwas 9 pct, from 25 pct in the same period of 2021. The bank notes that two main NPE actions remaining... and consumer loans were 300 million euros. Piraeus intends to have an NPE ratio of roughly 8 pct
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Big two parties strengthen grip on voters, but dominance remains elusive
PoliticsGreek PoliticsTV places ND 9 points ahead of SYRIZA, with 35.8 pct of the vote compared to 26.8 pct. ND boosted... of the extreme right have collectively polled between 7 and 8 pct in recent surveys, suggesting that despite
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Newsletter 353 - 30/09/2022
for Alpha TV places ND 9 points ahead of SYRIZA, with 35.8 pct of the vote compared to 26.8 pct. ND... jumped by 18.5 pct and vegetables are more expensive by nearly 8 pct. Fish is up by 3.7 pct
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PM defends grocery stipend, hopes to draw support from PASOK
PoliticsGreek Politicsfour points lower now than it was at the beginning of the year. The poll also suggests that 9 percent.... Just 8 pct would like to see a grand coalition that includes ND and SYRIZA. When respondents were
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Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
EconomyMacroeconomyThe growth in Greeceās retail sales picked up pace in November, rising by 12.3 percent year-on-year (YoY), from 8 percent growth in October, Hellenic Statistical Authority (ELSTAT) data showed.... The indicator is now at levels seen in summer 2017 and on a rolling 12-month level is down by 9
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Newsletter 368 - 03/02/2023
the temporary drop below 100, at 98.9 points in October. Nevertheless, sentiment is about 9 points below... points. Retail trade Annual growth in retail sales picked up pace in November, rising by 12.3 pct, from 8
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Economic sentiment improves for fourth straight month in Feb
EconomyMacroeconomyto 118.7 points. The EEI is up by 9 points in the rolling 12-month period. Industry confidence... positive to 7.7 points, from -24.2 point in January. Now the index is up by over 8 points
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New Democracy pins hopes on minimum wage hike to reverse poll losses
PoliticsGreek Politics, delaying the mooted date for elections from April 9 to late May, and dealing a blow to the ruling... parties around 8 pct. PASOK has also lost some support in the Metron Analysis sounding, falling from
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Building permits up 5 pct in 2022, moderating from 26.6 pct rise in previous year
EconomyMacroeconomyBuilding permits closed last year on a growth trajectory thanks to a rise of 16.1 percent year-on-year (YoY), after an increase of 9 percent in November, according to the latest data released... 8 points on a rolling 12-month basis.
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Newsletter 391 - 01/09/2023
at the Thessaloniki International Fair on September 9 and 10, Prime Minister Kyriakos Mitsotakis is expected... maturity seen in 2026 at 8 billion euros, and 7.1 billion euros in 2023. These mitigating factors
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