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Early rounds of talks with lenders focus on possible prior actions
EconomyProgrammein the public sector, particularly per diems and travel allowances. 11) Reduction of the current bank account... including Sundays. 14) Restructuring of Athens public transport (OASA). 15) Change in the legislation
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PMI rebounds strongly to 53.2 points in Dec but cost concerns persist
EconomyMacroeconomyto the sharpest cost inflation since July. Manufacturers raised selling prices accordingly, marking..., with the growth in new sales led by key industries like construction and heightened international
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgramme) Full evaluation of the social welfare system, targeting annual cost savings of 0.5 percent of GDP. 6...) Restructuring of Athens Public Transport Organisation (OASA). The schedule is for the agreement
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These are the bailout deliverables expected from Greece in September
EconomyProgrammeelectricity market rules to avoid that any plant is forced to operate below their variable cost... the restructuring plan for the Athens Urban Transport Organization (OASA) that was agreed
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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingexposure in 2024. The cost of risk stands at just over 50 points. Asset quality NPEs dropped below... Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million
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Newsletter 472 - 25/07/2025
scrutiny following a series of diplomatic setbacks. Relations with Libya have soured, culminating in two... stance on Libya, reflecting broader unease about the state of Greek diplomacy. Current government.... On Libya, Mitsotakis reiterated his rejection of the Turkey-Libya maritime deal, describing it as legally
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Government takes another stab at media regulation among growing scepticism
Society35 million euros – significantly less than was raised per license in the last round, but adding up..., a government contractor allied to SYRIZA, failed to come up with the funds for the license after
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Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
EconomyMacroeconomyblunted by travel spending per trip dropping by 11.6 percent to 639 euros. The breakdown of incoming... travel spending per trip retreated by 8.6 percent to 617 euros in the 8-month period. Arrivals from... remained flat, mainly reflecting the negative growth in August. In terms of travel receipts per country
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societyjust in carbon credits, while at the current price of over 60 euro per tonne, the cost of carbon credits required per MWh exceeds 90 euros. The heavy cost of carbon has made lignite generation... factors have driven up the cost of gas and coal generation, which still make up half the domestic supply
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FDI, rather than tax cuts, holds key to stronger growth rates - study
EconomyFeaturesthat between 2013 to 2017, FDI revenues in Greece made up around 1.3 percent of GDP per year... percent higher. Without FDI inflows of around 2 billion per year, it will take Greece until 2035... holidays for new investments and reductions in the cost of labour, but it was unclear whether
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