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Newsletter 385 - 16/06/2023
the extra votes it needs to rise from 2.9 to 3.3 pct but Plefsi Eleftherias is seen making an even... the 2.6 pct it received in May to clinch 3.3 pct on June 25. If these results materialise, New Democracy
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Boosted by corporations, Sep deposits reach highest since Apr 2011
EconomyMacroeconomyof Greece (BoG) figures released on Friday. The annual growth in September was 3.3 percent year on year (YoY), from also 3.3 percent in the preceding month. The outstanding balance of private sector
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Deposits drop by 2.26 bln in Oct to 195.51 bln
EconomyMacroeconomyof Greece (BoG) figures released on Thursday. The annual growth in October was 3.3 percent year on year (YoY), from also 3.3 percent in the preceding month. The outstanding balance of private sector deposits
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Tsipras and lenders leave themselves with fading chances of salvaging deal
PoliticsGreek Politicsrequest for a conference call on Saturday, putting off any further conversation until Greece has... repeated his call for bold political initiatives from German Chancellor Angela Merkel. Tsipras also has... of a European Union summit in Brussels on Wednesday after the three held a conference call on Saturday
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Tsipras forges ahead with referendum as lenders hold back, wait for result
PoliticsGreek Politicshis call for a “No” vote, repeating his belief that this would help the government reach a better deal... would not implement the deal but would then call national elections. However, it is difficult... complications is extremely pressing. The indications for Sunday’s vote so far is that will be a close call
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Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingthe conference call, management reiterated its target for operating expenses of 1.15 billion... (Marinopoulos) that is still in progress. During the conference call, the management said that its... the conference call, the management noted it expects deposit inflows of 2 – 2.5 billion for the Greek
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NBG net profits at 5 mln in Q1, NPEs drop for fourth straight quarter
EconomyBankinga best-case scenario. During the conference call, the management noted that the remaining end-2017... peers. During the conference call, management noted that, excluding write-offs, NPEs and NPLs recorded... call, management noted that the new time deposit yield is expected to be further reduced by another 5
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ND puts pressure on Kammenos, a potential weak link in coalition
PoliticsGreek Politicsto fight off accusations of wrongdoing but has had to call on the backing of Tsipras and his party to do... the congratulatory phone call she received from Tsipras after her victory and whether it might mark the start... from the idea, dismissing the phone call as just a symbolic gesture. However, she did not close
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Under relentless pressure from opponents, Tsipras unveils plans for new crisis agency
PoliticsGreek PoliticsKyriakos Mitsotakis had asked for the prime minister to call elections as soon as Greece exits from.... The negative mood also seems to preclude any move by Tsipras to call snap elections in the immediate... that the government has shown it is not fit to govern and that it should call snap elections as soon as Greece
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Coalition hopeful on pensions, looks to maximise impact of limited relief measures
PoliticsGreek Politicsto call off the measure. “I am quite optimistic that pensions won’t be cut,” said Tsakalotos, who... measures to Parliament one by one and ask for them to be approved in roll call votes. This would... of the factors that could affect Tsipras’s thinking in terms of when to call the next general election
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