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Greece digests EU-US trade deal amid mixed reaction
Economyat 250 billion euros per year during the Trump term in office. The 50 pct tariffs on steel... estimated for the EU for this year and next, in the region of 1 pct, the new trade deal could trim up... on Greek products. Earlier in the year, the Bank of Greece estimated that US tariffs on Greek goods of 10
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
EconomyBankingto a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY). Attributable profit... to deposits ratio coming to 63 percent, from 60 percent a year ago. NBG was the first bank to have... loaded CET1 ratio stands at 18.9 percent, from 18.3 percent a year ago. The capital adequacy ratio
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OPEKEPE scandal dogs PM as speculation about next elections intensifies
PoliticsGreek Politicsyear, used an interview with To Vima weekly to express his alarm about what he views as democratic....” Since Mitsotakis ousted him from New Democracy last year, there has been constant speculation about... four-year term, again dousing speculation about snap elections. However, given New Democracy’s less
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Mitsotakis prepares for autumn gamble after testing summer
PoliticsGreek Politicsprogressive tax scale, the refund for one month’s rent to tenants announced earlier this year, handouts... to a market where residential prices continue to climb. Thessaloniki saw a 10 pct year-on-year increase..., which he insist will be held at the end of his second four-year term, in mid-2027.
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Wildfires and healthcare failings test government over summer season
PoliticsGreek Politicsinfrastructure. This week is shaping up to be the worst since the start of this year’s wildfire... Yiannis Kefalogiannis told Skai TV that despite the large number of fires, the total burnt area this year... been allocated already this year to fire prevention measures. The large number of dispersed fires
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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
EconomyMacroeconomy3.31 billion euros, compared to 3.04 billion euros in 2024, up 8.8 percent year-on-year (YoY... euros for the period, compared with 565.4 euros a year earlier. Receipts from the EU27 were 4.07... million in the previous year. EU and eurozone arrivals were 6.41 and 4.97 million respectively, while
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Energy drives 0.5 pct YoY fall in July producer prices as other components rise
EconomyMacroeconomypercent year-on-year (YoY), after an increase of 1.6 percent in June, ELSTAT data showed on Friday. This is the first contraction of the year, following six consecutive positive readings. The index had... growing over a two-year period since March 2021, before it turned negative in March 2023. It peaked
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Tourism on track for new record season as receipts rise by 12.5 pct up to July
EconomyMacroeconomy4.52 billion euros, compared to 3.93 billion euros in 2024, up 15 percent year-on-year (YoY... percent to 626 euros for the period, compared with 574 euros a year earlier. Receipts from the EU27 were... with 17.98 million in the previous year. EU and eurozone arrivals were 10.65 and 7.97 million
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Producer prices contract 1.7 pct YoY in Aug due to energy drop
EconomyMacroeconomypercent year-on-year (YoY), after a decrease of 0.5 percent in July, ELSTAT data showed on Tuesday. This was the second contraction of the year, following six consecutive positive readings. The index had... growing over a two-year period since March 2021, before it turned negative in March 2023. It peaked
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Accelerated drop in energy drives import prices down by 2.4 pct YoY in Aug
EconomyMacroeconomyGreece’s import price index remained in contraction in August, with a drop of 2.4 percent year-on-year (YoY), after a 2.1 percent decline in the previous month, according to data released... a year, after back-to-back increases in December 2024 and January this year. The index peaked
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