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  1. Budget primary shows deficit of 9.09 bln in June, beating target
    Photo by MacroPolis

    EconomyMacroeconomy

    Budget. The state paid 611 million euros in compensation to lessors due to decreased rents; 155

    12%

  2. Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    611 million euros in compensation to lessors due to decreased rents; 155 million euros for the grant

    12%

  3. Credit growth stable at 0.9 pct in Oct, led by lending to corporates
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    by 148 million, following positive by 611 million euros in the previous month, taking the balance

    12%

  4. Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank reported a net profit of 611 million euros in 2023, compared to a profit of 368 million euros in 2022. Normalised profit after tax for 2023 was 780 million euros, from 398 million in 2022, a rise of 96 percent. Core pre-provision income (PPI) in 2023 was 1.25 billion euros, from 717

    12%

  5. Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
    Photo by MacroPolis

    EconomyMacroeconomy

    in Attica (611), in line with the historical trend, and the smallest number of permits were issued

    12%

  6. NBG profits at 661 mln in H1, net interest income at 1.1 bln
    Image: NBG

    EconomyBanking

    National Bank of Greece (NBG) reported a profit after tax of 661 million euros in H1, compared to a profit of 701 million euros in H1 2025, a drop of almost 6 percent year-on-year (YoY). Attributable profit was 567 million euros, from 611 million euros in H1 last year. P&L Net interest income (ΝΙΙ

    12%

  7. Greece is least socially just country in EU, report indicates
    Photo by Harry van Versendaal

    Society

    . “The resulting diminution of prospects for broad swathes of society represents a significant danger... and soup kitchens to help. Given the depth of the crisis, such measures probably proved inadequate

    12%

  8. Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions

    EconomyProgramme

    ’s 37-billion-euro “Corona Response Investment Initiative,” which will be directed at health care

    11%

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

    PoliticsForeign Policy

    issues the Ministers also talked about ways to restrict the spread of corona virus. New challenges

    11%

  10. Newsletter 245 -27/03/2020

    Newsletters

    . In addition to the emergency quantitative easing programme launched by the European Central Bank, a “corona

    11%