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Mitsotakis and Kasselakis compete to burnish patriotic credentials
PoliticsGreek Politicsthe opposition but is seen by the conservatives as a way of shoring up support against threat from far-right parties. PM Kyriakos Mitsotakis is said to have settled on Beleri after weighing up
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ECB study finds Greeks overburdened by housing costs, most likely to miss payments
Economyand whether it allows them to keep up with housing related obligations. Greece has by some distance... with the picture more severe for mortgagors where close to 50 pct with the prospect of not being able to keep up
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PM's target for EP elections is in sight, according to new polls
PoliticsGreek Politicsislands in May. On his return, Kasselakis wasted no time in taking the fight to New Democracy. Picking up... to be sped up and the questions about whether the chemical was being illegally transported
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As base effect wears off, producer prices fall by just 0.1 pct in Mar
EconomyMacroeconomyby 1.1 percent. Goods sold to the foreign market were up by 3.3 percent YoY, led by food products..., durables up by 3.5 percent and non-durable consumer goods increased by 5.7 percent.
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NBG shows strong profitability growth of 38 pct YoY in Q1, with 606 mln NII
EconomyBankingimpairments in Q1 stood at 55 million in Q1, from 65 million in 2023. Core income stood at 705 million, up by 21 percent annually. Operating expenses in Q1 were 201 million euros, up by 5 percent YoY
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OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline
EconomyMacroeconomyrising by 3.3 pct, up from 0.9 pct in 2023, and moderating to 1.9 pct growth in 2025. The growth... goal of 2.1 pct of GDP, and up to 2.1 pct in 2025. This fiscal path will keep the debt ratio
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Poll numbers encouraging for Mitsotakis and Kasselakis on road to EP vote
PoliticsGreek PoliticsAfter his meeting with Turkish President Recep Tayyip Erdogan in Ankara on Monday, which laid to rest any concern about a flare-up in relations between the two countries, Prime Minister Kyriakos... recent rise is underlined in the national figures as well. Support for the opposition party is up
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Primary balance at 3.25 bln in Apr, above target thanks to favourable timing
EconomyMacroeconomyThe budget primary balance recorded a surplus of 3.25 billion euros in April, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Wednesday. Up to April... billion euros. The budget balance up to April showed a deficit of 279 million euros, from a 789-million
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Eurobank net profit jumps by 80 pct to 287.2 mln in Q1
EconomyBankingpercentage points YoY, while NPE coverage was 92.6 percent, up by roughly 17 percentage points... 17.2 percent, up by 170 basis points annually. Eurobank expects to distribute a dividend of 342 million
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Industrial turnover back in contraction again in Mar, falling by 6 pct YoY
EconomyMacroeconomydown by 21.6 percent. Monthly, the domestic market was up by 3 percent while the foreign markets... month. Since May last year, industry confidence is now up by 2.2 points. Overall, Greeceās economic
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