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Fires continue to test capabilities and spark political confrontation
PoliticsGreek Politicsand the fire was edging through built-up areas. They suggested that there had been a marked improvement... to Climate Crisis and Civil Protection Minister Christos Stylianides, who took up the newly created... over the fact that his government has been unable to live up to the standards he claimed it would set
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PM pledges another billion for energy bills as govt retreats over environment bill
PoliticsGreek Politicsto Mitsotakis, this will help the authorities absorb up to 90 pct of energy cost increases, via... with the amounts they received. Roughly a quarter of questioned said they were given up to 17 euros and just 8 pct got the maximum of up to 600 euros. This data appears to justify the complaints made
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ND faces fiscal balancing act and more challenges over spying scandal
PoliticsGreek Politicswill announce another “inflation cheque,” which will result in households receiving a stipend of up... Syntakton. New Democracy’s rating remains at 31, while SYRIZA’s has edged up half a point to 25.5. PASOK... sought to turn up the heat on Monday, when several SYRIZA MPs submitted a question to Parliament
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Business transformation brings profit of 243 mln euros for Alpha Bank in H1
EconomyBankingtransformation, higher impairments and transactions related to the balance sheet clean up. Core pre... of the balance sheet clean-up - which consisted of the Project Galaxy securitisation... million euros in Q2, up by 7 percent QoQ. The net interest margin was 1.6 percent in H1. Net fee
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PM prepares response as pressure over spying scandal mounts
PoliticsGreek PoliticsAndroulakis in the run-up to him taking over at the helm of the centre-left party, has added fuel.... The opposition’s argument that ND is attempting to cover up a major scandal, and the involvement of top... for a parliamentary inquiry into the spying affair as the opposition looks to ratchet up the pressure on Mitsotakis
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Where is Odysseus? Part 6 - Potential real GDP
Agorabehind in the past with productivity performance, will catch up to the better performing countries... good economic results. Thus, when in doubt, the forecast will be nudged up, not down, because... of “talking things up,” no matter what party is in office. If the EU Commission presents a rather favorable
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Passenger cars lead the way as vehicle sales rise by 17.9 pct in Aug
EconomyMacroeconomyThe rise in road motor vehicles going into circulation for the first time picked up pace in August..., with the absolute figure standing at 13,883. The remainder was made up of lorries (2,104) and buses (68... car sales up by just 0.6 percent. New buses and used lorries dropped by 63.6 and 20.6 percent
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Tsipras hits back with own economic pledges, choice for voters to ponder
PoliticsGreek Politicswage up to 800 euros, from the current 713 euros. Under the government’s plans, the next increase... leaving power in 2019. He said that retirees earning up to 500 euros per month would receive a full... call a second election. Much of the media briefing was taken up by questions about the wiretapping
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Tourism jobs tumble in Aug, ending 6-month run of positive hirings balance
EconomyMacroeconomyas layoffs. Layoffs are up by 36 percent compared to last year, as all measures preserving jobs are wound down. Hires were up by 14,914 jobs compared to August last year, while departures are up... up 41 percent and 11 percent of hirings, respectively. In August, hirings were split roughly 56
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ND and SYRIZA prepare to set out on campaign trail
PoliticsGreek Politicsthe candidates the conservatives will put forward, heat up. Last week, Mitsotakis made it clear that he... even though the winner will be awarded up to 50 bonus seats. SYRIZA is on a similar footing as it is also preparing to engage with voters across the country, stepping up its efforts to convince
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