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PMI shows slight improvement in Oct, sector outlook improves
EconomyMacroeconomyas the output rise was driven by efforts to build up safety stocks of finished products. Post-production... conditions, output expectations at manufacturers picked up in October. The degree of optimism
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PM puts tax cuts front and centre in bid to win back voters
PoliticsGreek Politicsscrapping the trade tax paid by the self-employed, which will deliver annual savings of up to 500... from 18,000 to 50,000 euros and pushing up the highest tax bracket, at 44 pct, to incomes above
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Eurobank NII jumps by 14.3 pct YoY to 1.83 bln in 9M
EconomyBanking, up by roughly 3.5 percentage points annually. P&L Net interest income in 9M increased by 14.3 percent... was 20.9 percent, up 140 bps YoY.
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PASOK emerges as main beneficiary in reshuffling of political deck
PoliticsGreek Politics(polling at 6.3 pct, 2.6 pct and 2.4 pct respectively). Fringe right wing parties add up to 19.2 pct... contact for Athens, and had been courted by PM Kyriakos Mitsotakis privately in the run-up to the US
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Privatisation proceeds, major underspend push Oct primary surplus to 8.82 bln above target
EconomyMacroeconomyThe budget primary balance recorded a surplus of 13.49 billion euros up to October, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Friday. During the ten.... The budget balance up to October showed a surplus of 6.08 billion euros, from a 482-million-euro
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Newsletter 442 - 22/11/2024
to the administration’s collapse. Samaras went on to set up his own right-wing party, Political Spring. However, he had little impact once outside the ND fold and ended up returning to the party several years
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Mitsotakis dangles carrot of more tax cuts as SYRIZA heads for leadership vote
PoliticsGreek Politicswill simply push up their prices. SYRIZA vote SYRIZA is gearing up for the first round of its leadership vote
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SYRIZA leadership settled in first round as Famellos looks to build on rare moment of unity
PoliticsGreek Politicsas more than 10,000 new members are reported to have signed up for the process. However, it should... rating, which have fallen into single figures, back up to the kind of level that would challenge PASOK
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ND tries to pin 'populist' tag on PASOK as voters show little interest in fuelling two-horse race
PoliticsGreek Politicsup the populist baton dropped by a diminishing SYRIZA. PM Kyriakos Mitsotakis enjoyed much success... at 15.1 pct, while support for ultranationalist Greek Solution has edged up by just over a point
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PASOK pushes back against PM's refusal to tax excess bank profits
PoliticsGreek Politicsthan a one-off achievement, which would then open up the possibility of reducing taxes. Mitsotakis... framework in the euro area as an excuse to build up fiscal space that he will then be able to unleash
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