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NBG increases profits in H1 as it progresses with NPE clean up
EconomyBanking786 million in 2020, was up by 8 pct at 727 million. Asset quality NPEs continued heading south... euros. Operating expenses in H1 came to 373 million euros, a 8 percent drop YoY. Balance Sheet Greek
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Impact of pandemic, lockdowns reflected in lower household spending during 2020
Societyspending up to 15.3 pct, with spending on health also increasing to 8 pct of the allocation. As expected, restaurants and cafes saw their share drop significantly by 3.1 points to 8 pct. Recreation
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First-wave champion Greece stumbles at vaccine roll-out
Agorathe start of the SARS-CoV-2 pandemic in February 2020 and October 8, 2021, Greece has recorded a total...% of the population had received a first dose by October 8, and 58% were fully vaccinated, according
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Hopes of EU providing immediate relief wane as economic challenges multiply
PoliticsGreek Politicsit reached 7.2 pct in February and is expected to climb to 8 pct in March. Speaking on the radio on Thursday, Finance Minister Christos Staikouras said that inflation could surpass 8 pct
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Greece needs to re-think natural gas policy, starting with demand
Agorato rethink Greece’s “dash for gas”? The European Union’s REPowerEU action plan outlined on March 8... (NECP) foresees that natural gas imports will be reduced by about 8 pct by 2030. This, however
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S&P moves Greece closer to investment grade, puts focus on budget and growth
Economythis year, to 8 pct of loans. However, Greece is still seen as an outlier in the eurozone due... rating review for Greece is by Fitch on July 8, followed by Moody’s on September 16 with DBRS. S&P’s
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Pace of credit growth picks up in Nov, at 2.8 pct, led by loans to insurance companies
EconomyMacroeconomy8 billion euros. Credit to sole proprietors was positive by 8 million euros to 4.5 billion. Housing
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SYRIZA's ongoing drama creates space for winner of PASOK leadership vote
PoliticsGreek Politicsto head to a extraordinary conference on November 8 and then the first round of the leadership ballot... 8 to overturn the decision to oust him as party president or, at the very least, to ensure that he
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Greece looks to cultivate ties with Egypt and Israel while keeping eye on Turkey's role in Syria
PoliticsForeign PolicyThe trilateral summit due to be held in Cairo on January 8 will host the leaders of Greece, Cyprus and Egypt and takes place at a critical moment for developments in the Middle East. Turkey’s active...,” the same sources underlined. The meeting in Cairo on January 8 will give all three leaders
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Sentiment and consumer confidence start 2025 with improvements
EconomyMacroeconomysharply to 0.4 points, from 8.5 points in December, now down by over 8 points from February 2024. Construction confidence was virtually unchanged to 13.4 points. The index is currently up by over 8
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