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  1. Impact of inflation already widespread, but data suggests worse to come

    EconomyFeatures

    speech at the Thessaloniki International Fair. The overall package over the last few weeks has more than... up with the inflationary pressures. The imports price index industry has been acting as a leading... of kWh has gone up by roughly 120 pct since January to 0.335 euros and the wholesale price per MWh

    2%

  2. Surprise handout announcement provokes storm of criticism from opposition
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the challenge faced by households. He reminded Mitsotakis that the government has already had... has failed to mature politically in opposition. Polls The government’s change of heart on year-end... their support ebb, with ND holding 33.3 pct and SYRIZA 23.6 pct of voting intentions. KINAL has seen its

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  3. Govt holds firm on no lockdown as health system teeters
    Image via www.deloitte.com/gr

    PoliticsGreek Politics

    that the government is not considering a lockdown in reaction to the ongoing Covid wave in Greece, which has led... lawmaker, stoking widespread derision. The Hospital Workers’ Union (POEDIN) has listed numerous deaths... in Greece has become one of the highest in Europe, as SYRIZA frequently points out. Prime Minister Kyriakos

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  4. Economic sentiment back up to pre-pandemic levels, reaching 113.4 pts in Nov
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from 90.7 points in January. Since the start of the year, the ESI has increased by 21.6 points... points, from 120 in October. Since the start of the year, the EEI has risen by 9.7 points. Industry confidence increased by 0.7 points to 9.3. Since the start of the year industry confidence has

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  5. Mitsotakis heads to Israel and Russia with broad agenda

    PoliticsForeign Policy

    of this process. Since then, relations have improved but there has not been a reset. The Ukrainian issue... on the borders with Ukraine and western fears of a possible conflict there. Mitsotakis has been very clear..., especially in the East Med and Cyprus. As a permanent member of the UN Security Council, Moscow has

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  6. Mitsotakis breaks the ice in Sochi but Russia's wariness remains
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    Undoubtedly, Moscow’s cooperation especially in the military sector with Turkey has been and still... has already begun talks with the giant energy company but with no concrete results so far. Vladimir... of its needs, while Mitsotakis stressed that “Russia has become a reliable supplier but also Greece

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  7. Greek bond yields edge up as PEPP winds down
    Photo by MacroPolis

    Economy

    , the ECB has purchased 1.548 trillion euros of assets across the eurozone. In Greece’s case, the figure.... This support from the ECB since the pandemic broke out has led to unprecedented low borrowing costs... felt across the yield curve, with maturities between 5 and 10 years. The 5-year has gone up to 0.38

    2%

  8. Government under fire for indecision on Covid measures
    Photo by Panayotis Tzamaros/Fosphptos

    PoliticsGreek Politics

    The government has put itself under more pressure, including criticism from friendly sources..., Health Minister Thanos Plevris has played down the new variant’s impact since only a low number... definitive statements from officials that are soon nixed, has started to irk even some of the government’s

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  9. Piraeus seals 400 mln NPE sale as banks gear up for more balance sheet transactions in 2022
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    Piraeus Bank announced on Tuesday that it has reached a final agreement with Davidson Kempner... completed in the last days of December, codenamed Mayfair and Sunrise II, the capital base has strengthened by 100 basis points over Q3. Piraeus Bank has been the most active in executing its business

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  10. Govt opts to reopen schools on time, drawing opposition criticism
    Photo by MacroPolis

    PoliticsGreek Politics

    The government has come under fire from the opposition for not delaying the opening of schools... believes that since Omicron has now become the dominant variant in Greece, eclipsing... on Tuesday suggested it has opted for a “herd immunity” approach that would put Greek families in danger

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