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PM to address inflation as polls show wear and tear for govt
PoliticsGreek Politics. Salaries are set to increase by 2 pct at the start of the year, but ND has lined up a second boost later... is on the expected growth trajectory next year, a second increase of 4 to 6 pct will likely kick
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Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
EconomyBankingwas 1.09 billion euros in the 9M, down by 6 pct from the 1.15 billion euros in the same period... margin decreased marginally in the 9M to 2 pct, from 2.3 pct last year. Net fee and commission income
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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicswage to be raised to 800 euros. The 2 pct increase on January 1 took the basic gross monthly salary... speculation that it could reach as much as 6 pct, taking the minimum wage above 700 euros – but still well
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Newsletter 324 - 21/01/2022
, they have called for the minimum wage to be raised to 800 euros. The 2 pct increase on January 1... is going to be, but there has been speculation that it could reach as much as 6 pct, taking the minimum
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PM pledges more support as he seeks to resist inflation, pandemic threats
PoliticsGreek Politicsthat the rise would be much higher than the 2 percent increase adopted on January 1. Nevertheless, Mitsotakis... is expected to announce on Tuesday the highest inflation data in Greece since 1997, above 6 pct
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One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
EconomyFeaturesa valuation of 2 billion USD for Viva Wallet, making it Greece’s first official “unicorn” – a company... Federation of Enterprises (SEV) values the Greek startup universe collectively at around 6 billion
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How economic sanctions on Russia could affect Greek economy
Agorabillion euros. In 2019, it fell to below half a billion euros, or 2 pct of total takings, while... of Migration, around 6 pct of the total. The monetary value of Golden Visa investments is not disclosed
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PM goes big on minimum wage increase, but opposition unmoved
PoliticsGreek Politicseuros. The prime minister said that in addition to the 2 pct raise which came into effect in January... in the bargaining process, submitted a report with proposals ranging from 4 to 6 pct. KEPE noted
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Enhanced surveillance concludes, but more reforms and tougher fiscal targets lie ahead
EconomyProgrammethat a significant fiscal effort is needed to move from a primary deficit in the region of 2 pct... of close to 6 billion euros and it is not a given that the majority of this will be achieved simply
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Remaining fiscal space could be squeezed for more cost-of-living measures as tension grows
PoliticsGreek Politicsto the ultra-low rate of 6 pct, which would cost 100 million euros. There is also continued talk of reducing... officials have been very open about their concerns regarding hitting this year’s public deficit goal of 2
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