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Govt views pandemic window as opportunity to advance contentious reform agenda
PoliticsGreek Politicsfor workers and employers. The proposals have already come up against strong resistance from... system, which largely focus on school governance, have also met with strong reactions when mooted... in Parliament – and at the risk of exciting strong public opposition – Mitsotakis appears intent of using
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Newsletter 375 - 24/03/2023
. The Cretan lawmaker said he would hope a solid double-digit return would put the party in a strong.... Androulakis is suggesting that a strong PASOK can act as a moderating influence and use its... turnover posted another strong annual growth of 17.7 pct in January, though conditions became more
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Positive sentiment around banks continues to grow
EconomyBankingbeen reporting very strong earnings, with net income at 1.7 billion euros by the end of H1, assisted... strong profitability in 2022, when total income was 3.8 billion euros for the four systemic banks, thanks to strong net interest income of close to 5.5 billion euros. Throughout the year, the sector has
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Newsletter 396 - 06/10/2023
of the year.EconomyDraft budget strong on fiscal discipline, bullish on growthThe submission to Parliament of the 2024... euros of primary surplus. The government sees strong tax revenues’ growth of roughly 1.6 billion euros.... The budget is underpinned by strong growth assumptions, estimating the economic growth to accelerate
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Mitsotakis seeks to end squabbling as ND heads to anniversary in pole position
PoliticsGreek Politics, wreaking havoc. However, ND continues to maintain a strong lead over a relatively weak opposition.... Following a number of cases involving attacks on young people by their peers, which gained strong... touches on the wider law and order issue, which had been one of the government’s strong cards, but has
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyagencies now having Greece in this category. Fitch notes Greece’s strong fiscal performance... debt decline among Fitch-rated investment-grade sovereigns. Greece also maintains strong cash... projects debt-to-GDP to fall to 120% by 2030. The government has demonstrated a strong commitment
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomycomponents. Fiscal performance remained exceptionally strong. Contrary to expectations of mild fiscal... strong foreign investor demand, and containing yield pressures. Greek banks and non-financial.... Greek banks remain financially robust, with strong profitability, high capital and liquidity ratios
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Local elections in Greece a precursor of European vote
PoliticsGreek Politicsand a strong showing from him will boost the Neofascists ahead of the European vote. Election rules means... Piraeus, where its candidate Vassilis Michaloliakos is facing a strong challenge from Yiannis Moralis... a strong presence in local politics so to have a candidate - and a young woman at that - in the second
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Increase in car sales accelerates to 44.3 pct in September
EconomyMacroeconomythe May to July readings, which exceeded the 10,000 mark. Following the strong performance... recorded in 2008. Market sources indicate that the strong recovery in car sales within 2014 is mainly attributed to improved consumer confidence, strong tourism leading to increased Rent-a-Car fleets
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Rise in Greek car sales slows to 7.5 pct in November
EconomyMacroeconomyaverage. This year’s strong rebound follows a modest rise of 1.3 percent recorded last year. However... highlight that the strong growth in 2014 is mainly attributed to increased Rent-a-Car fleets due to the strong tourism combined with improved consumer confidence and replacement of old cars with new
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