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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP accelerated its gains in Q2, rising by 1.1 percent quarter-on-quarter (QoQ), from a 0.8 percent rise in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Friday. The Greek economy has been growing continuously QoQ now since Q2
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Greek primary budget surplus doubles to 835 mln in Jan but below target
Economytaxes by 34.3 percent. In contrast, indirect taxes slightly eased by 1.1 percent to 2.39 billion... of 812 million incorporated in the 2014 budget. MoF sources suggest that an agreement with the troika
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Newsletter 143
Grigoropoulos being murdered by a policeman. Greece’s lenders, who had placed a great deal of emphasis... targets submitted last September to the Single Supervisory Mechanism (SSM) of the ECB by 1.1 billion
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Pension outlay still falling, 40.4 pct of main monthly payments below 500 euros
EconomyMacroeconomyusing Hellenic Statistical Authority (ELSTAT) figures. Around 1.1 million main pensions (40.4... euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2 million
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Newsletter 191 -25/01/2018
at 97.84 euros, very slightly down from last year’s figure of 97.89 euros. Around 1.1 million main... of over 2,500 euros a month stood at 310 individuals. From the total pension claimants, roughly 1.2
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NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingquarter-on-quarter (QoQ) to 165 million. Compared to H1 last year, PPI rose by 26 percent to 310 million...) formation dropped by 1.1 billion in Q2 to bring NPL stock to 9.1 billion. This led the group NPL ratio
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingin H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310... (6.8 billion euros) along with NPE reductions totalling 1.1 billion euros. Alpha Bank is moving ahead
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Clashes add to political tension over division, police violence
PoliticsGreek Politics, with one policeman shouting “Let’s go and kill them.” There were also reports of policemen attacking... as police clashed with some protestors. One policeman was dragged off his motorcycle and beaten. Along...” and focussing on the serious injuries suffered by the policeman. We warned against “blind rage” and said
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Newsletter 310 - 01/10/2021
PoliticsFull speed ahead for warship, defence deal with FranceGreece believes that it took a significant step this week to upgrading its defence capabilities but also bolstering the country’s geopolitical standing after agreeing to purchase at least thr...
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In Spain, the best generation is in danger of becoming the lost generation
Agorain a bustling bar in Madrid’s bohemian neighbourhood of Malasaña, Laura and her friend Sara talk about
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