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  1. NBG posts 557 mln profit in Q1
    Photo by MacroPolis

    EconomyBanking

    percent QoQ from 314 million in Q4. Net fee income fell 2 percent QoQ to 67 million in Q4 The bank’s... to 16 bps in Q1, led to a improvement of the bank’s blended funding cost to nearly zero in Q1 (2 bps

    3%

  2. Govt baulks at more holiday restrictions to stem spread of Omicron variant

    PoliticsGreek Politics

    poll for Powergame.gr shows KINAL up from 9.4 to 13.1 pct, with ND sliding by almost 2 points from 34.3 to 32.2 pct, and SYRIZA also losing 2 points to go from 23.6 to 21.5 pct. Although Androulakis

    3%

  3. Government U-turns again to tighten Covid measures over Christmas
    Photo via https://flic.kr/p/2iYwAkU

    PoliticsGreek Politics

    January 2, include a return of the mask mandate in all public spaces, with double masks or high... to the country will be required to take diagnostic tests on days 2 and 4. The minister added

    3%

  4. Govt unveils new round of energy subsidies as fiscal space narrows significantly
    Photo via https://flic.kr/p/5Wq2VT

    PoliticsGreek Politics

    of the energy crisis last autumn to 2 billion euros. Skrekas said that the latest tranche would... from the energy subsidies and the reduction to ENFIA, the government has already adopted a 2 pct rise

    3%

  5. Central govt debt rises again in Q4, reaching 388.3 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government debt increased by roughly 2 billion euros in the last quarter 2021 to 388.34 billion euros, from 386.82 billion euros in the previous quarter, the Finance Ministry's (MoF... three quarters of declines back in 2018. The Q4 debt movements reflect a drop of roughly 2 billion

    3%

  6. IMF urges caution on public finances
    Photo via Flickr https://flic.kr/p/7BWNey

    Economy

    stance that Greece should record a primary surplus of roughly 2 pct of GDP, which it sees being achieved by 2027. This will follow a deficit of less than 2 pct of GDP this year, contingent on the need

    3%

  7. Lower trading income for NBG keeps net profits at 490 mln in H1
    Photo by MacroPolis

    EconomyBanking

    were virtually unchanged, standing at 1.9 billion euros at the end of H1, from 2 billion euros in Q1... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands

    3%

  8. Vehicle sales record back-to-back annual drop of 2.7 pct in July

    EconomyMacroeconomy

    The rise in road motor vehicles going into circulation for the first time stayed broadly unchanged in July, rising by 2.3 percent year-on-year (YoY), following 2 percent growth in June, according... cars rising by 2.7 percent, used passenger car sales were down by 2 percent. In the seven months

    3%

  9. Rising contributions spark concern in key voter groups
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and employees. New Democracy has targeted a 2 pct of GDP primary deficit this year and, for the time..., but next year is projected to be below 2 pct, underlining the difficulty of the task facing

    3%

  10. NBG reports 652 mln profit in 9M, core PPI up 14 pct
    Photo by MacroPolis

    EconomyBanking

    of 11 percent. Pre-provision income (PPI) stood at 935 million euros, down by 2 percent on the 958... million euros, up by 2 percent YoY. Balance Sheet Group deposits amounted to 55.68 billion euros in 9M

    3%