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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingwith an aim to complete it in Q4. Management said that due to preparatory work, interest remained strong from...,” he said. “We expect the 24 billion of stimulus measures, at 13 percent of GDP, to limit the recessionary impact of Covid-19 to 2020 and pave the way for a strong recovery in 2021,” he concluded.
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Newsletter 262 -04/09/2020
for 2021 the 7 billion euros of stimulus measures adopted so far this year. Also, to avoid putting... to arms deals carried out between 1996 and 2001. GDP falls by 15.2 pct YoY in Q2 Greece draws strong... and a strong performance in the secondary market. Following a positive start on the sovereign bond
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New Democracy seeks to counter with marine parks and migration policy, rhetoric
PoliticsGreek Politicsof migrants. On Saturday, for instance, he posted on X that: “The illegal immigrants who entered from Libya... to take this emergency action after a massive increase in arrivals from Libya on Crete and nearby... legislation last week, trying to tread a fine line between the strong opposition to the measures shown
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PMI rises to 54.7 in March as first quarter comes to strong end
EconomyMacroeconomyover the 50-mark threshold for close to two years. The latest reading marks a strong close... of growth for Greek manufacturers since October 2001. Strong output was a leading contributor to the rise... orders slowed compared to February, but remained strong. This growth was linked to greater advertising
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Displaying seasonal features, Feb hirings balance beats last year by 11,212 jobs
EconomyMacroeconomyThe employment balance turned sharply positive in February with 27,840 more hirings than departures during the month, data from the Labour Ministry’s Ergani information system showed. Ergani notes that the balance for February is the eighth positive bal...
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Economic sentiment picks up in Oct, consumer confidence sliding again
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved in October, with the index at 107.5 points, from 106.2 in the previous month, according to European Commission figures released on Thursday. Over the rolling 12-month period, October’s ESI was marginally up by ...
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomydisplaying the weakest growth since November 2017 as the previous growth in the manufacturing sector... intermediate goods. New orders rose for the ninth month in a row, driven by strong demand and new... was slower than in previous months. Although orders softened, hiring continued at a strong pace
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Newsletter 6 - 5/12/2014
is the involvement of the International Monetary Fund in the ECCL. There are strong indications... from the previous philosophy of cuts and liberalisation in favour of debt reduction and stimulus
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Greece: How events could unfold over the next few weeks
PoliticsGreek Politicsin this process. The strong element of opportunism that drives the nationalist party means it has... debt relief and economic stimulus measures. Given the current political climate in the eurozone
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Tsipras needs to sign a deal, but which one?
Agorathe country’s public debt and provides the liquidity and stimulus needed to take advantage.... The argument that not agreeing to a “bad deal” would create an even worse situation has strong merits
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