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  1. Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    611 million euros in compensation to lessors due to decreased rents; 155 million euros for the grant

    6%

  2. Credit growth stable at 0.9 pct in Oct, led by lending to corporates
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    by 148 million, following positive by 611 million euros in the previous month, taking the balance

    6%

  3. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717

    6%

  4. PBO warns of recovery risks, fourth bailout and possible default

    EconomyMacroeconomy

    for a strong economic rebound are not yet in place. In the PBO’s view, only a brave reform effort... would be subject to stricter conditionality as eurozone lenders would be under strong political... of 2016. However, the report reiterates that the government projection for a strong GDP rebound of 2.7

    5%

  5. IMF examines where programme went wrong, what lessons were learnt
    Photo by Panayotis Tzmaros/Fosphotos

    EconomyProgramme

    expected to reduce the debt by 20 percent of GDP by 2020. Politics In the report’s view, significant... and strong political resistance in some EU countries on outright debt reduction, delay of debt restructuring... are based though on strong ownership and parsimonious conditionality With the benefit of hindsight

    5%

  6. Grand projects and even loftier ambitions drive Greece's energy project bonanza
    Photo via Flickr https://flic.kr/p/faksxt

    EconomyFeatures

    operator GasLog. Bulgarian Energy Holding is conducting due diligence with a view to acquiring a 25... it arrives. A strong element of “pipeline diplomacy” is also evident in some of the other proposed projects... landscape in southeast Europe is likely to remain strong enough to see the first wave of projects

    5%

  7. Newsletter 148 -26/01/2018

    Newsletters

    in the northern city, the opposition leader issued a statement in which he acknowledged the strong turnout... view to SYRIZA on the matter. Mitsotakis’s speech, though, was mostly focussed on shoring up his own... creditors have been arguing about weaknesses in enforcing contracts and the need to create a strong

    5%

  8. Newsletter 160 -04/05/2018

    Newsletters

    , but also with a view to the next general elections. Downward revision for growth in EC forecast... by strong demand and new business from abroad. This led to exports growing for the seventh consecutive... continued at a strong pace during April. As demand slowed, firms responded with lower levels of input buying

    5%

  9. Newsletter 222 -04/10/2019

    Newsletters

    spokesman Stelios Petsas said that New Democracy view is that Greece is facing a migrant, rather than... to hack away at New Democracy’s strong ratings. It has also provided the first indication that SYRIZA.... Production rates remained strong in the goods sector despite a general slowing down. New business orders

    5%

  10. Parties balanced finely as build-up to next elections gathers pace
    Photo by MacroPolis

    PoliticsGreek Politics

    Research, 55 pct of respondents would like a strong, single-party government to emerge from the next... return close to pre-Covid levels, marking a strong season for the vital tourism sector... suggests that issues to do with “solidarity” are seen as being among SYRIZA’s strong points, whereas

    5%