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Tough choices ahead for Mitsotakis, as reforms risk irking voters
PoliticsGreek Politicsattempts to defend the measure by describing it as “5+1 days” rather than six has been widely ridiculed
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Growth in vehicle sales remains subdued in June, H1 up by 6.5 pct YoY
EconomyMacroeconomyincreased by 1 percent, with the absolute figure standing at 20,831. New passenger cars rose by 5.6
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Newsletter 431 - 12/07/2024
, the government’s attempts to defend the measure by describing it as “5+1 days” rather than six has
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Scope leaves rating unchanged at BBB-, ups outlook to positive due to solid fiscal performance
Economyheadline deficits of under 1 pct of GDP in the 2024-2029 period. This will keep the debt dynamics
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Eurobank NII jumps 8.6 pct to 1.13 bln in H1, fees income also up to 282.7 mln
EconomyBankingpercent in H1 2024. Capital The Common Equity Tier 1 (CET1) fully loaded was 16.2 percent, while
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Primary balance 4 bln above target in Jul due to underspend and tax performance
EconomyMacroeconomyeuros and roughly 1 billion euros in non-allocated expenditure. Interest payments came to 5.84
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Bumper results for banks add to frustration over interest rates, fees
EconomyBankingand commissions exceeded 1.8 billion euros, while in H1 it has already surpassed 1 billion euros
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Government action plan on forests touted amid scepticism from opposition
PoliticsGreek Politicsand local facilities, and extra funds of 2.1 billion euros for Civil Protection and 1 billion euros
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Boosted by seasonal factors, quarterly unemployment drops below 10 pct for first time since 2009
EconomyMacroeconomywas in the Northern Aegean at 5.4 percent. The number of long-term unemployed (more than 1 year) came
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GDP up by 1.1 pct QoQ, needs 2.8 pct growth in H2 to reach annual forecast
EconomyMacroeconomyby 5.2 percent QoQ and services exports increased by 1 percent. Imports of goods rose by 7.8 percent
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