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Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
EconomyBankingit was on course to bring the NPE ratio down to 7 percent in mid-2022. To achieve this, Alpha Bank’s... the full utilisation of the bank’s TLTRO III borrowing allowance. The Group’s gross loans amounted... capital increase that took place in July. The bank’s Total Capital Ratio stood at 17.4 percent after
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Price hikes pose fresh challenge for government
PoliticsGreek PoliticsAhead of the Prime Minister’s appearance at the Thessaloniki International Fair (TIF) this weekend... it believes that the market will regulate itself, in line with the party’s more laissez-faire approach... minister’s thunder to some degree as he prepares to head north for his speech and news conference
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New Covid measures readied as doubts about key cabinet choices rub off on PM
PoliticsGreek Politicsindication that Prime Minister Kyriakos Mitsotakis’s personal popularity has taken a direct hit..., easily outflanking SYRIZA’s Alexis Tsipras with 34 pct “likes” and KINAL’s Fofi Gennimata with 26..., with 45 pct judging that it will neither improve or worsen the government’s performance, and 28 pct saying
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Industrial production rises 7.8 pct in Jul to continue recovery since late 2020
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) increased by 7.8 percent year-on-year (YoY) in July... jump recorded in April, capturing the low base effect of last year’s strict first lockdown. Month... percent. According to the European Commission’s latest business surveys for June, industry confidence
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Industrial turnover continues on recovery path with 25.2 pct rise in June
EconomyMacroeconomyGreece’s industrial turnover increased by 25.2 percent year-on-year (YoY), from 22.4 in June, data... by 36.7 percent. In the domestic market, July’s rise was led by a 19 percent increase in manufacturing.... In other indicators, Greece’s manufacturing PMI rose to 59.3 points in August, from 57.4 points in July
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Podcast - The lives and legacy of Mikis Theodorakis
Agorathe impact Theodorakis’s music and political stance had on him and other Greeks living abroad. Also... had on the public sphere and shaping modern Greece’s identity. Their discussion also touches on whether the composer’s passing marks the end of the public intellectual in Greece, and whether
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Support for ND and PM ebbs, but SYRIZA still floundering
PoliticsGreek Politicsbe noted that despite ND’s recent decline, in the project results (where the undecided voters... victory. The fall in the government’s ratings is also replicated in the prime minister’s personal... are seen as matters of high importance by 30 pct of respondents. Mitsotakis will hope that this week’s
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Industrial production up 10.1 pct in Aug, marking 10-month recovery
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 10.1 percent year-on-year (YoY) in August... recorded in April, capturing the low base effect of last year’s strict first lockdown. Month-on-month.... According to the European Commission’s latest business surveys for September, industry confidence
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Covid resurgence triggers replay of last year's political debate
PoliticsGreek Politicspart to wear face masks. The debate around the parades mirrors last year’s discussion, when northern... that it was at this point that New Democracy started to lose much of the public’s confidence and the high approval... as the pandemic wore on. The virus’s resurgence will undoubtedly trigger fresh scrutiny of ND’s handling
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Awaiting the magic wand that will end the pandemic
Agoraof the current government. Like this, it’s not happening. No dice! Namely, this expert prediction of the person... deaths since World War II In fact, it’s pretty amazing how many people think Covid-19 doesn’t exist... phrases would be enough to change someone’s opinion. Unlike those responsible, the media in Croatia
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