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  1. OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    trade will benefit the Greek shipping sector and RRF disbursements will shift up the gears, from 4

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  2. Deposits rose by 2.96 bln in April; biggest increase in four months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system continued to grind higher, increasing by 2.96 billion euros in April, compared with inflows of 1.65 billion euros in March, Bank of Greece (BoG) figures revealed. The outstanding balance of private sector deposits increased to 167.8 billion euros

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  3. Reshuffle speculation resurfaces, swiftly dismissed by government

    PoliticsGreek Politics

    Almost like clockwork, as the summer approaches the rumours about a cabinet reshuffle have resurfaced in the Greek media. Several reports were published over the weekend suggesting that Prime Minister Kyriakos Mitsotakis is mulling the idea of making changes to his ministerial line-up in the coming

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  4. Piraeus and Alpha forge ahead with share capital raises and securitisations
    Photo by MacroPolis

    EconomyBanking

    Activity in Greece’s banking sector continues unabated as Greek systemic lenders proceed with their plans to improve their balance sheets and leave behind the legacy of the decade-long debt crisis. Piraeus Bank was the first to tap the positive mood around Greece and the sector, through a share

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  5. Labour bill clash reaches climax as MPs prepare to vote on reforms
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    and that New Democracy’s reforms lack broad support in Greek society. The ruling conservatives have already

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  6. Deposits edged up further as they rose by 359 mln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system continued to grind higher, increasing by 359 million euros in May, compared with inflows of 3.13 billion euros in April, Bank of Greece (BoG) figures revealed. The outstanding balance of private sector deposits increased to 168.1 billion euros

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  7. Credit growth in May slows to 2.2 pct; monthly flow -17 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit movement in the Greek private sector rose an annual 2.2 percent in May, compared with 2.4 percent in April, Bank of Greece (BoG) figures showed on Friday. The net lending flow was negative, with a 17 million-euro net decrease in lending compared with a decrease of 787 million euros in April

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  8. Catering and entertainment businesses chafe at vaccination status rules
    Photo by Natasha Pantazopoulou/Fosphotos

    PoliticsGreek Politics

    Businesses are reacting to the latest raft of Covid-19 measures announced by the Greek government in tandem with the latest stage of lockdown easing. Indoor entertainment is due to reopen on July 1, while indoor dining will be reintroduced on July 15. Both, however, have been given the option

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  9. Alpha Bank buoyed by 800-mln-euro share capital raise
    Photo by MacroPolis

    EconomyBanking

    of the Greek economy. As part of its new strategic plan codenamed Tomorrow, Alpha Bank had announced

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  10. PM opts for compulsory vaccinations in healthcare as Covid-19 cases continue to surge

    PoliticsGreek Politics

    that the Greek constitution prevented the state from compelling its citizens to undergo a medical procedure

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