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IMF maintains cautious view on public finances, sees debt declining slowly
EconomyMacroeconomyWithin the context of its Fiscal Monitor, the International Monetary Fund released its latest fiscal estimates for Greece, taking a traditionally more conservative view on the country’s public finances. The Fund sees Greece closing this year with an overall balance of 10.2 pct of GDP, following
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ND continues to lead polls amid economic worries, while former PM mulls return to frontline politics
PoliticsGreek PoliticsKyriakos Mitsotakis and New Democracy are hanging on to a double-digit lead in opinion polls despite mounting concerns on the economic front and growing doubts about the government’s ability to tackle rises in the cost of living. The latest poll conducted by Alco for Open TV puts ND ahead of SYRIZA
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S&P holds off on new rating upgrade, ECB holds key to investment grade
EconomyAlthough the rating review by S&P scheduled for last Friday had created some anticipation that a further credit rating upgrade could be on the cards, the rating agency did not publish a review, closing the year with a ‘BB’ grade and positive outlook. The agency had said during its latest rating
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Police actions in spotlight again after fatal shooting
PoliticsGreek Politicsdemands a plan, a cool head and operational seriousness”. The incident is the latest to put
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Deposits rise by 443 mln in Sep, but flow drops significantly
EconomyMacroeconomyeuros. The latest deposit movement took the aggregate balance for the year so far to an increase
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Retail sales grow for fifth month in a row but rate eases to 8.8 pct
EconomyMacroeconomyvolume dropped by 0.9 percent month-on-month. The latest business indicators for October published
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PMI grows for eighth month despite supply chain, inflation challenges
EconomyMacroeconomy, due to concerns of weak global supply and related price hikes. "Latest PMI data revealed another
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Worrying Covid data forces ND to take tough policy decisions
PoliticsGreek Politicsof a general lockdown. However, the latest developments have given rise to speculation about some
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Zaev's departure leaves ties with North Macedonia in balance
PoliticsForeign PolicyThe European Union’s failure to offer the Western Balkans guarantees for full EU membership has had many victims. The latest is North Macedonia’s prime minister, Zoran Zaev. Following the heavy defeat of his Social Democratic party in the recent local elections, Zaev announced he will step down
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Piraeus completes Sunrise II securitisation as banks stay focused on NPE reduction
EconomyBankingin the latest official data by the Bank of Greece for Q2 2021, with the stock dropping to 34.57 billion
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