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Newsletter 329 - 25/02/2022
year, a fiscal turnaround of close to 3 pct of GDP. According to the Finance Ministry’s budget... rising to 195 billion euros. A primary surplus of 1.5 pct of GDP in 2023 translates into roughly 3... to subsidise energy bills has already reached 2 billion euros. The situation in Ukraine has created
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NBG reports profits of 833 mln in 2021
EconomyBankingare in default, at 3 billion euros. The bank’s guidance for 2022 is 1.8 billion euros of NPEs and a ratio of 6 pct by the end of 2022. P&L Net interest income (ΝΙΙ) rose 3 percent YoY to 1.21 billion, unchanged... to an improvement of the bank’s blended funding cost to -2 basis points, compared with 7 bps
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PM heads north to rally voters ahead of tough winter
PoliticsGreek PoliticsSYRIZA or PASOK because they could draw away from the centre-right party the 2 or 3 percentage points... it past the 3 pct threshold that would lead to them winning seats in Parliament: Greeks, led
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Newsletter 360 - 25/11/2022
by one point to 30 pct, while trust in SYRIZA leader Alexis Tsipras has risen by 2 points to 22... Dawn spin-off Greeks have gained 0.5 pct apiece, bringing them to 3 pct and 2.5 pct respectively... budget, with inflation also revised up to 5 pct, from 3 pct previously. The global uncertainty
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PM targets elections in May as polls show outcome is finely balanced
PoliticsGreek Politicsin office expired is on July 2. However, this is off the table now. Mitsotakis suggested... of more than 3 points, followed by SYRIZA on 26.1 pct and PASOK on 9.2 pct, both of which are largely... by parties falling short of the 3 pct threshold for entering Parliament. In terms of seats after a first
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Newsletter 380 - 12/05/2023
a point to 8.5, KKE is at 6 pct, MeRA25 on 4 pct and Greek Solution on 3 pct. There is still... the investment grade, and has not yet reached a cyclical primary deficit of over 2 pct, which is the cornerstone... the wave of inflation since the end of 2021, CPI de-escalated further in April, dropping to 3 pct, from 4.6
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Mitsotakis eyes majority in second vote as SYRIZA reels from crushing defeat
PoliticsGreek Politicssuggested that the government would like elections to be held as soon as possible, earlier than the July 2... a point short of the 3 pct threshold for electing MPs. Should one or more of these parties make it over the 3 pct mark, it will push up the threshold needed for New Democracy to gain a majority and could
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Formalities proceed, paving way for June 25 vote and tough questions for opposition
PoliticsGreek Politicsfew weeks. Although July 2 had been initially identified as the most likely date for the second... to 19.5 pct, down by 0.6 points on Sunday. PASOK is seen rising by almost 3 points to 14.4 pct... Sailing for Freedom (Plefsi Eleftherias) is seen rising above the 3 pct threshold, to 3.5 and 3.9
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Newsletter 385 - 16/06/2023
, could get over the 3 pct threshold for electing MPs, leading to eight parties making..., even the nominal average wage in Greece is roughly 2 pct lower than it was 2010 and half a percent... that ND has promised public sector workers sees rises of 10 pct for the lower paid and around 3 pct
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Newsletter 386 - 23/06/2023
Spartiates are unlikely to get over the 3 pct threshold, the presence of another fringe party... to April has dropped by 35 pct, or 3 billion euros to 5.63 billion euros. The goods trade deficit... billion euros, down by 40 pct. Imports dropped by 2 pct to 26.98 billion euros, while exports rose
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