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Kammenos deviation raises more questions about coalition's endurance
PoliticsGreek Politics, Independent Greeks (ANEL). During his visit to Washington, Kammenos suggested an alternative plan... to reports, SYRIZA and ANEL officials were taken aback by Kammenos’s comments as his proposals had... speaker Nikos Voutsis also appeared perplexed by the suggestions made by the ANEL leader
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NBG net profits decline to 8 mln in Q3, NPLs continue to fall
EconomyBankingNPL target for the end of next year is for the pile to stand at 8.8 billion, falling to 3.3 billion... of 3.3 billion in Greece. As a result, NBG’s loan to deposit ratio improved to 71 percent in Greece...-binding bids must be received by December 10, and binding bids by the end of February. The bank hopes
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Coalition puts on fresh face but poll sees support draining away
PoliticsGreek Politicsfor New Democracy and 1-point fall for SYRIZA) in comparison with October’s poll. This dissatisfaction... agreed, Tsipras’s main strategy is still likely to involve hanging on for the time being. While the size... will be needed to prevent the conservatives from winning the next elections (64 percent of respondents
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Newsletter 367 - 27/01/2023
inflation to fall this year, claiming that consumers have seen the worst of the cost-of-living crisis... a majority in the House would fall below around 38 pct, which is the level needed if six parties... goal of 28.49 billion euros, beaten impressively by 3 billion euros. At the same time, income taxes
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Newsletter 151 -16/02/2018
bulletin revealed this week. The driving factor was a combination of a fall in expenditure and a rise... their target by 6 million euros. This led net revenues to rise by 3.3 percent. Primary expenditure... to a reduction of 57,830 people claiming pensions year-on-year, with a corresponding fall of 30.9
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Newsletter 150 -26/01/2018
Greeks (ANEL) leader made a separate comment regarding the demonstration. “Today’s rally represented... that revenues declined by 475 million year-on-year to 79.69 billion. A 24.9 percent fall in transfers... billion euros. This was driven by a combination of a fall in the purchase of non-financial assets
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Newsletter 30 - 12/06/2015
billion, 3.3 billion of Some market participants have raised doubts about the central bank’s approach.... Deal hanging in the balance Deteriorating atmosphere has sapped political will on all sides Greece... the possibility of all sides reaching an agreement hanging in the balance. The International Monetary Fund
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IMF raises growth forecast for 2019, lowers sharply medium-term expectations
EconomyMacroeconomyby 24 percent, the declines involved a 36 percent fall in GDP and the downturn lasted 8 years... countries from Sub-Saharan Africa, Latin America, the Middle East, the Caribbean and countries from
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OECD sees 3.3 bln euros of savings Greece can make by cutting red tape
EconomyMacroeconomyThe Organisation for Economic Cooperation and Development (OECD) released a report on May 15 identifying 3.3 billion euros worth of burdensome regulations in 13 sectors weighing on businesses each year. Over three-quarters of these costs accrue in three of the priority areas, namely tax (VAT
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Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
EconomyMacroeconomyThe turnover of Greece’s retail trade index dropped for the fourth straight month in February, when it fell by 3.3 percent in February from an upward revised 1.8 percent decrease in January, according to the Hellenic Statistical Agency (ELSTAT). The February headline figure is the ninth negative
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