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Newsletter 480 - 17/10/2025
in Livadia during a visit by the rural affairs minister. Farmers’ groups are threatening a prolonged... published its second estimate for Greece’s annual GDP in 2024, including revisions for 2023 and 2022... in the previous March estimate. Growth for 2023 was confirmed at 2.1 percent, while the economy expanded
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Newsletter 496 - 27/02/2026
by former rural development ministers Makis Voridis and Lefteris Avgenakis. The governing party attributes... and 31.4% in its estimate, Metron records 21.4% and 29.4% respectively, and Interview shows 26.4% and 31.6... is fragile. Marc gives the party 10.7% in intention and 13% in its estimate, Metron shows 9.3% and 12.7
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyThe European Commission updated its economic estimates for Greece in the context of the 2021 Spring Forecasts, where the estimates are slightly improved from the previous forecasts in February... estimates assume the relief measures that have so far cushioned the blow on the economy will not be cut
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IMF upgrades Greece’s GDP and unemployment rate estimates
![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
EconomyMacroeconomyto an estimate of a 0.6 percent GDP contraction in the previous WEO. It is worth noting that this is the most... with the European Commission (EC) estimate, while OECD expects Greek GDP to slip 0.2 percent this year... 2.7 percent previously. The government and the EC estimate the Greek economy will recover by 2.7
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Resignations over EU subsidy scandal deliver new blow to PM, further tarnishing image
PoliticsGreek PoliticsHatsivassileiou, Deputy Rural Development Minister Dionyssis Stamenitis and Deputy Digital Governance Minister Christos Boukoros, as well as the Rural Development Ministry’s general secretary, Giorgos... that the former head of OPEKEPE, Grigoris Varras, twice informed Voridis when he was the rural
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBanking, on the bank of frontloaded impairments. Commenting on the results, Piraeus Bank CEO Christos Megalou.... Impairments came to 324 million in light of revised macro estimates. The impact on trading results... continue uninterrupted. The total impact on the bank results from the pandemic for Q1 is estimated
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PM relies on patchwork of measures to keep Covid at bay as jab uptake flags
PoliticsGreek PoliticsThe government continues to press ahead with a patchwork of measures to enforce or encourage vaccination, as uptake appears to have stalled among a significant section of the population. Parliament passed a controversial amendment on Thursday introducin...
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Piraeus announces transformation plan amid 2020 loss of 662 mln
EconomyBankingChristos Megalou said: “In 2020 we managed to navigate a number of headwinds, achieving significant... estimated reduction of NPEs through securitisions included in the Hercules APS to 19 billion euros after
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Greek pensions laid bare
Agorapensions amounts to 884 euros. Note, though, that for around 45 percent of pensioners their monthly... and they receive on average monthly pensions of 771 euros. This is below the overall average of 884 euros since
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Piraeus Bank appoints new CEO, ending a long period of uncertainty
EconomyBankingPiraeus Bank announced on Wednesday evening that Christos Megalou was unanimously elected as CEO... to reports, Megalou was selected by the bank’s nomination committee as the sole candidate for the post... and Kapodistrian University of Athens and a MBA from Aston University, UK. Megalou has served as CEO at Eurobank
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