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Kasselakis ousts controversial MP, intensifying speculation about plans for SYRIZA
PoliticsGreek Politics: Polakis was reportedly a key figure in the process that saw Kasselakis, then a virtual unknown, run... September. Some observers saw this as the start of the effort by the young politician to show the public... previous leader Alexis Tsipras had repeatedly shunned calls to distance himself and the party from Polakis
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PMI rise in Mar signals strong expansion, input costs at highest since 2022
EconomyMacroeconomyGreece’s Manufacturing PMI saw a solid rise in March, when it reached 55 points from 52.6 points in the previous month, according to S&P Global data released on Tuesday. Greek manufacturing saw strong expansion at the end of the first quarter, with production rising at the fastest pace since April
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Polls provide PM with some comfort, spell out size of task for opposition
PoliticsGreek Politicsof Freedom, the populist party led by Zoe Konstantopoulou, saw its support shoot up during February... in third place. The social democrats saw their backing dip from 12.8 pct to 12.4 pct. Although the gap... Democracy regaining some of the ground it lost in the previous months. Support for the ruling
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Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
EconomyMacroeconomyapartments - those more than five years old - saw their prices increase by 7.6 percent YoY in Q2, from 6.4 percent in Q1 2025. New properties saw price increases of 6.8 percent YoY, from 7.9 percent in Q1... in Q4 2024. The index’s previous peak was in Q3 2008 when it was at 102.2 points, now having back
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Property prices continue to climb in Q3, reaching record high
EconomyMacroeconomy- those more than five years old - saw their prices increase by 8.5 percent YoY in Q3, from 7.9 percent in Q2 2025. New properties saw price increases of 6.6 percent YoY, from 7.1 percent in Q2. During... 2025. The index’s previous peak was in Q3 2008 when it was at 102.2 points, now having back-to-back
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Another solid year for property market as growth reaches 7.8 pct in 2025
EconomyMacroeconomy- those more than five years old - saw their prices increase by 7.8 percent YoY in Q4, from 9.1 percent in Q3 2025. New properties saw price increases of 7.4 percent YoY, from 7 percent in Q3. During... 2025. The index’s previous peak was in Q3 2008 when it was at 102.2 points, now having back-to-back
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Despite slowdown to 5.2% YoY in Q1, property prices at all-time high
EconomyMacroeconomymore than five years old - saw their prices increase by 5.5 percent YoY in Q1, from 8.6 percent in Q4 2025. New properties saw price increases of 6 percent YoY, from 7.8 percent in Q4. During Q1.... The index’s previous peak was in Q3 2008 when it was at 102.2 points, now having back-to-back all-time
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Greek banks set for early ELA return in apparent precautionary move
Economyto the pillar II of a government liquidity support scheme launched in November 2008. The initial... billion) relates to pillar II bonds, while the largest part of the remaining is with EFSF bonds. Note.... In addition, the pillar II bonds, which were recently prolonged by the EC until the end of June
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Greek Eurosystem funding up by 2.9 bln in March, reaches total of 107.1 bln
EconomyMacroeconomyprimarily involves pillar II bonds (at 47 billion at the end of February) as well as pillar II bonds, T... though that such a decision will not have any impact on pillar II bonds, which would continue being non
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Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
EconomyMacroeconomyfunding and government guarantees’ (pillar II) cost. The bank said the bulk of the NII... showed it contains pillar II bonds of 13.7 billion, credit claims of 8.7 billion, pillar III bonds, T
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