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CPI leaps by 11.3 pct in May as food and energy prices rise
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its record-breaking rise in May, increasing by 11.3 percent year-on-year (YoY), from 10.2 percent in April, according to the data released on Thursday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month period
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Parties trade accusations over alleged interference in institutions
PoliticsGreek Politicselections, which are due to take place within the next year. It is noted that the Novartis case... year. The report notes several recent events which may have contributed to the decline in trust
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Parties get into campaign mode as ND mulls possible election dates
PoliticsGreek Politics, is predicated on the more optimistic prediction that the war in Ukraine will end by next year... as leader at the start of the year.
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Jan-May primary budget deficit contained at 1.49 bln on back of property tax, VAT intakes
EconomyMacroeconomyThe budget primary balance for the first five months of 2022 came to a deficit of 1.49 billion euros, compared to a deficit of 8.14 billion euros during the same period last year, according..., broadly on target. Last year, interest payments were 2.82 billion euros. Pandemic-related spending
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ND stakes claim on social policy, highlighting referendum anniversary
PoliticsGreek Politicsyears. “Whenever this time of year comes around”, the prime minister responded, “late June, early July... for the choices made that year”. The reference to the referendum and the introduction of capital
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Turkey climbs up agenda as snap election expectations grow
PoliticsGreek Politicsusing the term “Turkaegean” as part of its tourism campaign this year. The government has come... survey, 48.1 pct of respondents would like elections to come at the end of the government’s four-year
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Ukraine war and Turkey tension top foreign policy concerns
PoliticsForeign Policyfor elections at the end of the fourth year of our term,” Kyriakos Mitsotakis’ speech at the European... sector this summer may easily be swallowed up by energy price increases later this year. Turkey
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CPI shoots up by 12.1 pct in Jun as electricity and natural gas stoke biggest rise since early 90s
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) continued its record-breaking streak in June, rising by 12.1 percent year-on-year (YoY), after increasing by 11.3 percent in May, according to the data released on Friday by the Hellenic Statistical Authority (ELSTAT). The average CPI for the rolling 12-month
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Lower trading income for NBG keeps net profits at 490 mln in H1
EconomyBankingeuros in H1 2021. Core PPI was 384 million euros, against 351 million last year. Asset quality NPEs... cost in H1 was 1 basis point, from -2 basis points in Q1 this year Capital The CET1 ratio stands
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ND faces fiscal balancing act and more challenges over spying scandal
PoliticsGreek Politicsfor officials to find a way for next year’s fiscal targets to be met. Moving back to a primary budget... billion euros of fiscal space will be needed next year. The numbers involved means the government faces
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