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Banks meet NPE reduction targets in Q3, adjust targets for next two years
EconomyMacroeconomy) reaching 64.6 billion in 2019. This is around 2.2 billion euros more ambitious than the previous... conservative estimate of a 1.2 billion increase between Q2 2017 and the end of 2019. Curing is seen as falling by 2.5 billion due to higher sales and loan write-offs. These estimates are driven by BoG
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Greece reignites energy alliance talks with Israel and Cyprus amid US interest
PoliticsForeign Policyof President Trump, diplomatic sources acknowledge. Libya One country that is at the centre of interest for both Athens and Washington is Libya. The US is already including the North African country in a 4+1..., Turkey and Libya, aiming at resolving maritime disputes and, more specifically, the delimitation
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France and Greece upgrade defence pact as regional and political risks loom
PoliticsForeign Policyand delivering practical solutions. Renewed engagement with Libya The visit of Greek Foreign Minister Giorgos Gerapetritis on Monday to Tripoli, Libya, marked a significant step in revitalising bilateral... was another key topic during Monday’s talks. Gerapetritis noted that flows from western Libya to Greece
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesfalling by 2.2 percent in 2017 and 3.2 percent in 2018, remaining stable in the first 7 months... availability of long-term rentals. According to one estimate published by rental platform.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politics. In recent comments clarifying his description of the preparation of so-called Plan X in his book, Galbraith... was involved in a strategy that sought to push Greece towards a euro exit, said that Plan X
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Are Chinese investments starting to hit a wall in Germany?
Agora.[x] The rapid growth of Chinese outbound investment in recent years has raised awareness in host... Volkswirtschaft um? Berlin, January 2019. [x] See: Bershidsky, Leonid: “Germany Enters the Global
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In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
Economyprevious estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration
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Gathering signs of coronavirus impact on growth expectations
Economyby 2.2 percent this year against a baseline of 2.5 percent, which as mentioned is already lower than... to 1.9 percent in 2020, almost a full percentage point lower than the government’s estimate. This could... on these negative estimates, we seem to be moving away, probably significantly, from the target of GDP growth
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Newsletter 334 - 08/04/2022
, growth is suppressed to 2.2 pct and inflation shoots up to 11 pct, on the back of the price of oil... the Greek economy growing by 3.8 pct, down by one percentage point from the previous estimate and HICP... and geopolitical developments are gradually being reflected in the latest estimates of domestic institutions
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Greek expats generating 9.1 bln in taxes abroad each year, study suggests
Societyall Greek exported "products," human capital has the highest value and is worth 12.9 billion, which... returns to Greece, the exported value of human capital benefits the receiving countries. Almost half (49... estimates that Greek expats have generated a total of more than 50 billion euros of GDP in their new
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