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NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
EconomyBankingeuros, up by 6 percent YoY. Balance sheet Group deposits amounted to 57.6 billion euros in 2024... 1 billion euros in 2024, with the ratio at 2.6 percent and coverage at 98.2 percent. Coverage
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Newsletter 457 - 28/03/2025
euros from next month – an increase of 6 pct. The PM is hoping that this announcement will form... deficit was in surplus of just over 1 billion euros in January, compared to a surplus of 1.8 billion
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New Democracy continues to court right-wing voters with defence package, identity politics
PoliticsGreek Politicshas also taken on Tempe as a cause, are in third place, having risen from 6 pct in January to 7.3... are at 2.2 pct, down from 2.5 pct and former SYRIZA cadres New Left are at just 1 pct. The portion
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Newsletter 460 - 02/05/2025
will create around 1.5 billion euros in extra fiscal space, on top of an already estimated 1 billion... pct and SYRIZA at 6 pct. Among the smaller parties, ultra-religious Niki stands at 3 pct, while Voice
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Industrial Production contracts 1.7 pct YoY in Mar as all components drop
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) slowed further in March with a 1.7 percent year-on-year (YoY) rise, after a significantly upwards revised 6 percent increase in the previous month... in electricity supply, 1.7 percent in manufacturing, 1 percent in water supply and 2.6 percent
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OECD sees stable growth path of 2 pct in 2025, long-term challenges persist
EconomyMacroeconomyexpected to rise from 1.8 pct of GDP in 2024 to 3.6 pct in 2026. Recent fiscal measures include a 1... and public servants. The minimum wage was increased by 6 pct in April 2025 and will rise cumulatively by 8
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At sidelines of UNGA, Mitsotakis talks up Greece’s prospects as energy, tech hub
PoliticsGreek Politicsthat a decade ago the country borrowed at nearly 10 percent while France paid 1 percent. Today, borrowing... message to Turkey. Gas transit through Greece has jumped from 6 to 17 billion cubic metres, supplying
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Unemployment unchanged at 8.2 pct in Sep
EconomyMacroeconomyand stands at 3.03 million. The unemployment rate among women fell by 1 percentage point (pps) year-on-year and came to 10.9 percent, while the rate for men stood at 6 percent, from 7.9 percent
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Fitch rating upgrade concludes another successful year for GGBs
Economyfiscally. Fitch expects a general government surplus of nearly 1 pct of GDP in 2025, following 1.3 pct..., and persistent external imbalances. The current account deficit remains wide at roughly 6 pct of GDP
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Newsletter 485 - 21/11/2025
, that only €6 billion of loans have so far reached signed deals, with a slowdown in applications... the government’s initial estimate by €1 billion. However, this also weighs heavily on household budgets
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