Search
-
Fitch improves outlook to positive, sees investment grade hinging on fiscal performance and banks
Economy(RRP) seen at 18 billion euros, or just short of 10 pct of 2019 nominal GDP. Restoring fiscal... of 7 billion euros, around 3.8 pct of forecast GDP, half of which will use the cash reserves
13% -
Greece aiming to complete post-bailout monitoring this summer
PoliticsGreek Politics. On the fiscal front, Greece has to reduce its primary deficit from 7 pct to 1 pct of GDP. If it manages... levy is due to be rolled out by March and owners will be able to pay in 10 monthly instalments.
13% -
Inflation to persist, creating more economic policy challenges
EconomyMacroeconomyby 57.8 pct year-on-year, while intermediate goods, that affect production, were up by 10 pct... to circa 1 pct of GDP, from roughly 7 pct last year. The latest package announced for energy subsidies
13% -
Traditional sectors carry burden of job creation as unemployment levels fall
EconomyMacroeconomythe total over the period to 7 billion euros, from a combined spending package of 22.6 billion euros... of 10 pct. The picture is similar when one looks at employment growth during the pandemic, compared
13% -
Government focusses on security of energy supplies in light of Ukraine escalation
PoliticsGreek Politics. The poll also showed ND’s lead over SYRIZA slipping to below 10 pct, with the two largest parties... both main parties, with 11 pct coming from former SYRIZA voters and 7 pct from ND, while 6 pct comes
13% -
Newsletter 329 - 25/02/2022
measures to combat high prices. The poll also showed ND’s lead over SYRIZA slipping to below 10 pct... appears to be drawing support from both main parties, with 11 pct coming from former SYRIZA voters and 7
13% -
Alpha books net loss of 2.91 bln in 2021 as balance sheet clean-up intensifies
EconomyBanking-provision income (PPI) for 2021 was 800.1 million euros, from 859.7 million in 2020, down by nearly 7... billion euros in 2021, down by circa 10 percent from the 1.53 billion euros in 2020. NII also dropped
13% -
NBG reports profits of 833 mln in 2021
EconomyBankingQoQ at 308 million euros. Net fee income increased by 10 pct to 287 million euros. The bank’s... to an improvement of the bank’s blended funding cost to -2 basis points, compared with 7 bps
13% -
Newsletter 332 - 18/03/2022
and the inflation impact was already anchored at nearly 7 pct for HICP. In the updated benign... in December. The index also increased sharply month-on-month by almost 10 pct, from a 1.5 pct monthly
13% -
Government accused of complacency on food supply and price hikes
PoliticsGreek Politicsof a basket of basic goods has gone up by 10 pct in the past year. In the third week of March the price of vegetable oil went up 7 pct and fresh vegetables went up 15 pct, in spite of the government imposing
13%