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Newsletter 341 - 10/06/2022
support increased by 1 point to 31, SYRIZA was up half a point to 25 pct and PASOK-KINAL edged up to 12.5... to exceed 3 billion euros annually. In the latest forecasts, the OECD places growth below 3 pct
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Early details show energy emergency plan facing practical challenges
PoliticsGreek Politicsbe transported, RAE’s proposal is to store up to 1.75 TWh of natural gas (roughly 3 pct of annual... compared to other European countries. However, a Level 3 emergency as outlined in RAE’s plan would... in May’s sounding, while SYRIZA gained 1 percentage point to reach 22.8 pct. The survey confirmed
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Inaugural 2023 bond attracts strong demand and steep interest
EconomyMacroeconomyof the ECB’s tight monetary policy as the same transaction of 3 billion euros exactly one year ago..., that secured a yield of less than 1 pct, at 0.87 pct. The offers had exceeded 29 billion euros... had a small participation of 3 pct. Fund managers dominated the issue with 47 pct, followed by banks
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Newsletter 367 - 27/01/2023
radical left MeRa25 and far-right Ellines (Greeks) gaining 2.5 pct, just short of the 3 pct threshold... the 46.56 billion euros of 2021, suggesting a buoyant tax revenue of 1.66x revenue increase for each 1... goal of 28.49 billion euros, beaten impressively by 3 billion euros. At the same time, income taxes
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After 2021 balance sheet clean-up, Alpha Bank turns profit of 398 mln in 2022
EconomyBankingstood at 3 billion euros at the end of 2022, to an NPE ratio of 8.3 percent. NPE coverage with cash... operating expenses dropped by 3 percent in 2022 to 977 million euros. Loan loss impairments dropped... The fully loaded Common Equity Tier 1 (CET1) ratio in 2022 stood at 12.5 percent, from 10.1 percent
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Latest IMF estimates see growth of 2.3 pct, return of permanent primary surpluses
EconomyMacroeconomyyear, and at 6 pct in 2024, before moderating to 3 pct by 2028. Unemployment will fall by 1 percentage... Fiscal Monitor seeing the budget deficit fall below 3 pct this year to 2.4 pct and almost halve
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On monetary policy and inflation targeting
Agora, as shown in the twin Figure 1, below. The dashed line in each panel shows the objective of monetary... above the target, and the central bank is credible[3], the public knows that inflation must... policy of specific countries, and have prior opinions on them. [3] Central bank credibility is under
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Newsletter 385 - 16/06/2023
, could get over the 3 pct threshold for electing MPs, leading to eight parties making... minimum wage from April 1. The data captures the improved conditions in the Greek labour market: Since... that ND has promised public sector workers sees rises of 10 pct for the lower paid and around 3 pct
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Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY
EconomyBanking-recurring operating expenses of 12 million euros, NPE transactions impact of 5 mln and 3 mln tax charge... clean-up, the NPE stock stood at 3 billion euros in H1 2023, from 3.23 billion euros in the same 2022.... Capital The fully loaded Common Equity Tier 1 (CET1) ratio in H1 stood at 13.6 percent, from 11.7
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Industrial production drops for first time in 2023, down 3.6 pct in June
EconomyMacroeconomymovement was led by a decrease of 1.9 percent in manufacturing, 1 percent in mining, 0.7 percent... it dropped by almost 3 points to 1.2, after rising by over 3 points in the previous month. Since August
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