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How Iran war is reshaping Greece’s economy
EconomyFeaturesThe war in Iran has entered its second month, precipitating what the International Energy Agency... shipping, this adds 10–15 days of transit time and has pushed war‑risk insurance premiums from $250,000... strikes. This persistent “war premium” has pushed Greek retail fuel prices to new heights. As of 30
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H1 bank results show performance stabilising, laying ground for further improvement
EconomyBankingin H1, an increase of 54 percent YoY. This was followed by NBG, where PPI rose by 26 percent to 310... balance sheets with the total currently standing at 26.1 billion. NPL stock stood at 17.36 billion... and NPL stocks of 11.1 billion. NBG currently has the smallest amount of bad loans on its books
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Mitsotakis shifts focus to tax plan, investment, law and order
PoliticsGreek Politicsa stronger footing: Investment, tax relief and law and order. Mitsotakis held an informal meeting... and order issue in his televised interview, which was conduced just a few hours after the anti-terrorism... of “slowly but steadily restoring security and order.” New Democracy had campaigned strongly
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Police actions draw attention to ND's law and order agenda
PoliticsGreek Politicsand order. The conservatives promised to tighten things up upon coming to power. Since July, law and order has been high on the government agenda and the interventions at the Athens University of Business... behaviour. “The law and order agenda and practice followed by the government is a strategic choice,” said
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PM burnishes conservative credentials with focus on day-to-day issues, law and order
PoliticsGreek Politicssuch as the cost of living, healthcare and law and order. He credited ND’s initiatives at EU level for creating... in March. Law and order On the campaign trail in Evros, Mitsotakis also issued a warning against... to impose law and order in public universities. On Tuesday, police arrested 28 protesters at Athens Law
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NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
EconomyBanking. On the asset quality front, the Greek non-performing loan (NPL) ratio picked up in July due... in Q2. For the group, NPL also peaked to 26 percent in Q3 from 24.6 percent in Q2 with the coverage ratio easing to 71.8 percent in Q3. The most marked increase in NPL formation was recorded
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New Democracy latches on to SYRIZA confusion over law and order
PoliticsGreek Politicsthis week, providing New Democracy with ammunition for its attacks on the coalition on the “law and order.... Sensing SYRIZA’s unease, New Democracy has sought to present itself as the party of law and order.... Apart from trying to convince the public that the government is doing a poor job on law and order
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ND braces for rural backlash to OPEKEPE scandal as law and order initiatives take centre stage
PoliticsGreek Politicsfocus back on law and order in a bid to win back disaffected conservative voters. Rural Development... that up to half of all upcoming payments audited in spot checks appeared to be out of order. Under... and order Wrong-footed by the ongoing battering it is receiving over OPEKEPE and Tempe, the government
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Govt weighs up impact of Ukraine war on recovery, waits for decisions at EU level
PoliticsGreek Politicsof the war. There are concerns in Athens that the Ukrainian crisis is going to cause a major setback... this year’s budget due to the multiple effects of the war, which will become clearer as time passes... to 700-800 million lower tax revenues. Tourism A key way in which the impact of the war in Ukraine
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Leaders explain differing views on how to approach Ukraine war
PoliticsGreek PoliticsTuesday’s parliamentary debate on the war in Ukraine and the government’s decision to break... of the last decades and he warned that Greece should not be sucked into a “new Cold War” by other... over the past few weeks but events in Ukraine have propelled it because of the theory that the war
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