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  1. Slower growth nixes handout plans, fires criticism of ND's economic policies
    Photo by MacroPolis

    PoliticsGreek Politics

    ”. The social democrats argue that the data indicates that growth has been driven mainly by consumption, real... of support at the European Parliament elections and a rise in backing for smaller parties as this would

    2%

  2. Kasselakis lays out plans for SYRIZA rebrand amid rumours of leadership challenge
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    with the members of the committee, while critics rejected it as a gimmick mainly intended to signal... enough backing to mount a no-confidence vote. Pavlos Polakis, the former health minister which some saw

    2%

  3. PM accepts economic recovery not being felt by all, argues for more time

    PoliticsGreek Politics

    70.4 pct believe that inflation is the result of market imbalances (mainly greedflation and the lack... named on Saturday, at 7 pct, while backing for SYRIZA, which elected Sokratis Famellos as the leader

    2%

  4. Newsletter 457 - 28/03/2025

    euros in the same month of 2024. This is mainly due to a deterioration in all the components... on the dwindling backing for New Democracy, while SYRIZA has also made no headway in recovering the support

    2%

  5. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    euros last year, according to the Bank of Greece (BoG). The significant increase mainly reflects a jump... is still materially improved, up 142 percent year on year (yoy) at 720 million, mainly courtesy... is attributed to a drop in the trade deficit by 23.6 percent to 9.8 billion, mainly due to a decline

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  6. European Commission review of Greek programme: The key points

    EconomyProgramme

    . The turnaround in 2014 following a recession of 25 percent in the last 5 years is mainly supported... of GDP from 1.8 percent in July 2013. This improvement mainly reflects the 2013 over-performance... funds. The projections for 2016-17 are inherently uncertain, according to the EC, and mainly

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  7. Greek PMI falls to 49.4 in June, lowest since November 2013

    EconomyMacroeconomy

    in the output at Greek firms was the slowest over the past three months mainly due to a slight dip... the output growth was sustained in June mainly through progress on outstanding business, the rate of drop... activity is mainly related to increased production requirements. Inventories of output continued

    2%

  8. As imports rise, Greek C/A balance flips back to deficit in May

    EconomyMacroeconomy

    reflecting higher surplus of “other services,” mainly attributed to construction services. The travel services’ surplus grew by 3.4 percent to 898 million euros, mainly due to a rise in non-residents... in the 5-month services surplus is mainly attributed to higher net transport receipts and - to a lesser

    2%

  9. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    high of 4.71 billion in January. The strong revenue rebound is mainly attributed to the payment.... The 7-month budget balance figure beat its target by 1.63 billion euros. The outperformance mainly..., outperforming target by 880 million. Cost containment in July mainly reflects reduced grants to social

    2%

  10. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    . The slight improvement mainly reflects higher deposit NII and lower funding cost, which more than offset... but fell 2.1 percent year on year (YoY) in H1, mainly due to a drop in personnel cost by 8.8 percent.... Deposits increased by 0.5 percent YoY and 0.9 percent QoQ to 42.21 billion, mainly due to increased

    2%