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Newsletter 463 - 23/05/2025
, leaving six groupings between 1 and 2.9 pct. This highlights the level of fragmentation in voter support... in investments by 4 pct and 6.6 pct annually and productivity growth of 1.38 pct and 1.85 pct..., up by roughly 1 billion euros. Balance of Payments The current account deficit widened to 3
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Quarterly unemployment edges up to 10.4 pct in Q1 on back of seasonal factors
EconomyMacroeconomymarginally by 1.4 percent compared to the previous quarter and rising by 1 percent from the same quarter... of long-term unemployed (more than 1 year) came to 247,600 people, representing 50.7 percent... percent, against 92.3 percent in permanent jobs. Full-time employment is just short of 4 million people
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Seasonal factors push up retail sales growth to 7.6 pct YoY in Apr
EconomyMacroeconomywas up by 1 percent. Compared to April 2024, automotive fuel was down by 6.3 percent, non-food... and food and beverages were up by 20.6 percent. Clothing and footwear also recorded a rise of 1 percent... positive at 13 points, from -2.1 points in the previous month, now down by circa 4 points from July
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
EconomyBankingto a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY). Attributable profit was 697 million euros, compared to 670 million euros in 2024, a 4 percent annual rise. P&L Net... quality NPEs stayed below 1 billion euros in H1, with the ratio at 2.5 percent and coverage at 99.8
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Newsletter 475 - 12/09/2025
pct growth in 2025. Final consumption growth also slowed to 1 pct YoY and dropped marginally by 0.1... production went back in contraction in July, falling by 0.5 pct, after a rise of 1 pct in the previous..., offset by 4 pct drops in electricity and 2 pct in water supply.
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Alpha Bank net profits at 704 mln in 9M, commission income jumps 14 pct YoY
EconomyBankingmillion in 2024, a rise of 2 percent. Pre-provision income (PPI) in 9M was 1 billion euros, almost unchanged from 1.01 billion in 2024. P&L NII was 1.2 billion euros in 9M, down by 4 percent year... points. Capital The fully loaded Common Equity Tier 1 (CET1) ratio in 9M stood at 15.7 percent, from
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Approach to protests, policing poses a new quandary for government
PoliticsGreek Politicsportfolio from the Interior Ministry to the Justice Ministry amid concerns that Panousis and Interior Minister Nikos Voutsis did not see eye to eye. It was notable that Justice Minister Nikos
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Will Tsipras move to centre stage to secure deal with lenders?
PoliticsGreek Politicswithin the government, even leading to thoughts of removing Panousis’s portfolio from the Interior.... Interior Minister Nikos Voutsis and Alternate Minister for European Affairs Nikos Hountis
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Launch of new movement highlights fragmentation of Greek centre-left
PoliticsGreek PoliticsFormer Interior Minister Yiannis Ragoussis is set to launch a new centre-left movement on Wednesday, highlighting the fragmentation in this part of the Greek political spectrum. With PASOK... to liberalise the taxi sector while he was interior, and then transport, minister between 2009 and 2011. He
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Tsipras facing decision over timing of vote on Prespes Agreement
PoliticsGreek Politicsthat the Interior Ministry is asking for an extra 60 million euros from the Finance Ministry to carry out... to discuss election issues. Interior Minister Alexis Haritsis has reportedly stepped up his meetings
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