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Mitsotakis aims to pass key legislation in Sept if ND wins elections
PoliticsGreek Politicsof the Greek state and economic conditions. Other bills being lined up will reportedly deal... and the ultra-nationalist Greek Solution will make it into Parliament with 3.5 and 3.1 percent... 12 and Greek Solution 10. According to Marc, once the undecided voters are factored in, New Democracy
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking, is also set to close in Q4 with a gross book value of 1.2 billion euros. A portfolio of Greek shipping loans with a gross book value of 300 million euros and a Greek portfolio of denounced, non operating.... The total Greek deposit yield stood at 37 bps in Q3, unchanged QoQ, while the loan yield came to 366 bps
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PMI at 54.1 points in November as foreign orders rise
EconomyMacroeconomyin the health of the Greek manufacturing sector for three months, Markit said. The rate of overall growth.... In response to growing orders, Greek manufacturers added to their workforce at the sharpest rate in seven... drove the health of Greek manufacturing overall in November. They also noted the growth
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Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingsecuritisation concerns Greek SMEs secured with real estate assets with total on-balance sheet gross book... Book Value at the end of December 2019 remained the highest among Greek systemic banks at 7.9 billion... added that actions taken by the Greek government and the European authorities provided significant
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Medics highlight weaknesses in frontline care as parties debate emergency measures
PoliticsGreek Politicsof Greek Orthodox Easter next Sunday to ensure it keeps a lid on the coronavirus outbreak, which has... communications campaign. In the lead-up to Greek Orthodox Easter on April 19, the government has announced more... any gains from the observance of the lockdown to date. According to reports, the Greek government
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Banks look for way forward as economic shutdown takes its toll
EconomyBankingon GGBs as collateral in its refinancing operations will create space for Greek banks to get access... to the provision of guarantee by the Greek state on senior notes to the value of 1.6 billion in total... of real estate markets. This will create further problems for the efforts of Greek banks’ to reduce
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
EconomyThe Greek Finance Ministry published on Sunday night the Stability Programme for 2020... acknowledges that the pandemic will have a significant impact on the Greek economy... it not been for the extensive policy response by the Greek authorities the contraction
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign Policythe last couple of weeks, Greek diplomats have been seeking to decipher the situation on the ground... what is going on in Libya, whose future has become unpredictable. The Greek side turned to Marshall... of negotiations within the framework of “5+5” agreed by the so-called Berlin Conference. The Greek side
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PMI rises to 49.4 points in June as manufacturing resumes
EconomyMacroeconomyamong Greek manufacturers, the first instance of positive sentiment since February. Although... a recovery was observed in the Greek manufacturing sector. Factories reopening, the return... notably improved among Greek manufacturers. Optimism returned, as firms expect an increase in output
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Newsletter 263 -11/09/2020
Migration issues resurface after fire Blaze on Lesvos leaves Greek govt with tough choices... deported, while Kyriakos Velopoulos of ultra-nationalist Greek Solution suggested that the displaced... or permanently. The EU Commissioner for Home Affairs Ylva Johansson tweeted that she agreed with the Greek
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