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Criticism of authorities' response intensifies as wildfires continue to rage
PoliticsGreek Politicsseason. So far this month 6,000 hectares have burned, while the total this year adds up to 12,400... the preparation for this year’s wildfire season. SYRIZA are expected to focus on the number of seasonal hires... on civil protection, and that the budget allocated for fire prevention this year has exceeded anything
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NBG increases profits in H1 as it progresses with NPE clean up
EconomyBanking, standing at 4 billion euros at the end of the first half, from 4.3 billion euros at the end of last year... exited moratoria at the end of last year. Just 3 pct of the ex-moratoria clients are currently... to have just 1.8 billion euros of NPEs and a ratio of 6 pct by the end of the 2022 fiscal year. P&L
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Industrial turnover rises by 22.4 pct in June
EconomyMacroeconomyGreece’s industrial turnover rose 22.4 percent from a year earlier in June, compared with a revised.... The increase in June this year was the result of a 22.6 percent rise in manufacturing revenue... the start of the year, industry confidence has improved by 17.4 points.
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Govt announces stricter measures for unvaccinated to curb autumn pandemic wave
PoliticsGreek Politicsprefaced his statements by saying that unlike the previous year’s lockdowns, the restrictions due..., which will take effect on September 13 to coincide with the start of the new school year, include... is radically different compared to the same time last year thanks the plentiful supply of vaccines
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Deposits rose by 1.84 bln in July
EconomyMacroeconomyof 59.3 billion euros. In July last year, net deposit movement was positive by 3.32 billion euros... deposit movement took the aggregate balance for the year so far to an increase of 8.14 billion euros. The aggregate figure for the same period last year showed inflows of 8.65 billion euros. The latest
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Retail turnover rises by 11.7 pct and volume by 10.8 pct in June
EconomyMacroeconomy, falling by 2.2 points month-on-month and came to -35.1. Compared to the same month last year...-on-month to 9.3 points. It has improved by 29.6 points year-on-year.
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Strong response to dual bond transaction takes 2021 debt issuance to 14 bln
EconomyGreece’s debt manager successfully completed the fifth syndicated transaction of the year through... that was maturing in January 2052. Both bonds were initially issued earlier in the year. Overall... from the markets so far this year, after January’s 3.5 billion euros for a 10-year bond, 2.5 billion
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Govt faces fallout from hospital vaccine mandate, as school opening poses fresh challenges
PoliticsGreek Politicsis the start of the new school year on September 13. On Wednesday the Education Ministry and the national..., as many reports note, are less strict than the previous year’s. Pupils will return to classrooms... the biggest change compared to the last school year is in the way schools are instructed to respond
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SYRIZA sees opportunity in tepid response to govt initiatives, PM's cosseting of right wing
PoliticsGreek Politicsto come next year. The handouts are seen by many commentators as paving the way for snap elections next year, possibly in late spring or early summer. As a result, the opposition leader is expected... national ballot in 2022 (a year ahead of schedule), but also setting out relief measures of his own
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Lack of vaccines led to panic in B&H, yet now they are going to waste
Agoramention of the best economic results in history, and critics warn them not to compare this year's data with last year's, when everything came to a halt because of the coronavirus. However, a blind eye... be added by the end of the year. However, officials from the Institute of Public Health expect
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