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  1. Govt counts cost of own energy package as hopes of coordinated EU response fade
    Photo via https://flic.kr/p/2jr5z2o

    PoliticsGreek Politics

    . The total cost is estimated at 5 billion euros, 2.5 billion for each phase. Funding for 2022 will combine.... The measures are equivalent to 2.2 pct of GDP, compared to 0.5 pct of GDP for 2021. There have also

    5%

  2. Growth in industrial turnover continues in Mar as manufacturing, petroleum products lead 38.3 pct rise

    EconomyMacroeconomy

    decreased by 23.9 percent. On a monthly basis, industrial turnover in the total market increased by 23.1..., industry confidence is down by 2.2 points. Overall, Greece’s economic sentiment (ESI) dropped sharply

    5%

  3. Alpha Bank turns profitable in Q1 as last year's clean-up efforts pay off
    Photo by MacroPolis

    EconomyBanking

    of Cypriot NPEs worth 2.2 billion euros - the NPE was down to 12.8 percent by May this year, from 30.1... in July last year. The bank’s Total Capital Ratio in 2021 stood at 16.3 percent from 18.3 percent

    5%

  4. Newsletter 339 - 27/05/2022

    Newsletters

    . The handout will be means-tested and only available to households with a total net annual income..., if applicable. In the previous assumptions, Greece was seen reaching a primary balance of 2.2 pct

    5%

  5. Business transformation brings profit of 243 mln euros for Alpha Bank in H1
    Photo by MacroPolis

    EconomyBanking

    of 1.3 billion euros gross book value and the sale of the Sky portfolio of Cypriot NPEs worth 2.2... capital increase that took place in July last year. The bank’s Total Capital Ratio in H1 2022 stood at 16

    5%

  6. Numbers stacking up for PM to announce winter relief package
    Image: www.primeminister.gr

    PoliticsGreek Politics

    evolves in the second quarter of this year. A report in Kathimerini on Friday suggested that total GDP... to the bumper tourism season this summer. This would create around 2.2 billion euros of extra fiscal space

    5%

  7. Exit from enhanced surveillance nears, but fiscal commitments bind Greece until 2060
    Photo by MacroPolis

    EconomyProgramme

    , for a total of 190.6 billion euros. Within this context, Greece has a long-term goal of securing a primary surplus of 2.2 pct of GDP on average over the next decades, which is currently the cornerstone

    5%

  8. Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    movements in Q2 were led by growth in final consumption, where private consumption rose by 2.2 percent.... Total imports also increased by 15.5 percent, thanks to a rise of 17.5 percent in imports of goods

    5%

  9. Newsletter 350 - 09/09/2022

    Newsletters

    put the total amount earmarked for this year at 10 billion euros, with other sources placing... movement was led by growth in private consumption by 2.2 pct QoQ. Government spending was also up by 1.4

    5%

  10. Fitch leaves rating unchanged at 'BB', sees small recession and primary deficit next year
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    outlook, Fitch sees a primary deficit of 0.9 pct in 2023, from 2.2 pct this year, which is far off... to deliver a surplus of 1 pct of GDP. Subsequently, Fitch sees a total deficit now of 3.5 pct of GDP

    5%