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  1. Piraeus Bank records net losses of 6 mln in Q1, further reduction in NPE stock
    Photo by MacroPolis

    EconomyBanking

    . The cost of risk stood at 2.2 percent in Q1 and management expects a lower figure between 150-200 bps... bps to more than 310 bps in 2020. It also sees the cost to income ratio falling below 45 percent

    18%

  2. Accommodation and food services turnover collapses by 84.6 pct in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    by approximately 77 pct percent to 2.2 million visitors. The average expenditure per trip fell by 44.4 percent to 310 euros, from 558 last year.

    18%

  3. Current account surplus almost doubles to 1 bln in June
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    500 million largely reflects a significant rise in the primary and secondary income balances by 368... of 2.2 billion euros in June mainly due to the sale of NBG’s stake in Finansbank. For the 6-month

    17%

  4. Who pays property tax and how much revealed by Greek authorities

    EconomyMacroeconomy

    into who paid the levy. The total ENFIA due in 2016 amounts to 3.18 billion euros and stands 2.2... billion euros, corresponding to an average tax of 368 euros per capita. In 2015, 7.42 million individuals

    17%

  5. Athens takes plunge on gas exploration, sees hope in Israel-Lebanon deal
    Image: https://flic.kr/p/2nYAi5M

    PoliticsForeign Policy

    and the island of Crete. "We want to make an opening with Libya as a whole, so that we can finally... located in the area between Greece and Libya," Mitsotakis said in an interview with ANT-1 TV, last Monday. It appears that Athens has decided to begin surveys in response to the recent Turkish-Libya

    16%

  6. In Washington, Mitsotakis stresses economic recovery, geopolitical importance as IMF departure announced
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    a maritime agreement with Libya that infringes on Greece’s sovereign rights. Some commentators... with Libya is “null and void” because it ignores the exclusive economic zones of Greece’s islands, which he... to 2.2 pct, but that even if it is lowered to 2.5 pct this would create 2 billion euros of extra fiscal

    16%

  7. Newsletter 234 -10/01/2020

    Newsletters

    with Ankara, which escalated following Turkey’s decision to sign a maritime agreement with Libya... actions in Libya, as well as the two memoranda signed between Ankara and Tripoli. However, Turkey’s... reported that Athens would ideally like the target to be reduced to 2.2 pct, but that even

    16%

  8. Newsletter 495 - 20/02/2026

    Newsletters

    to explore for gas south of Crete was “unlawful”, arguing that it violates the 2019 Turkey–Libya maritime memorandum and Libya’s declared maritime claims. Greece considers those claims null and void... Ministry expected the Greek economy to grow by 2.2 pct in 2025, with a slight acceleration to 2.4 pct

    16%

  9. Turkey closes borders, Greece keeps up pressure
    Photo by Richard Leonard via Flickr https://flic.kr/p/5iRa7

    PoliticsForeign Policy

    in Libya. Dendias reportedly briefed Raab on the Greek positions and “on the dangers that are being created... issued by the Interior Ministry, the private Dogan news agency reported. The Greek government

    15%

  10. Government turns attention to migration, hoping to avoid another front before EP vote
    Photo by MacroPolis

    PoliticsGreek Politics

    in the government ranks about a spike in arrivals from Libya, particularly on the island of Gavdos, south of Crete... Kroesser, state secretary at the Interior Ministry, in Alexandroupolis, northeastern Greece

    15%