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Economic sentiment approaches pre-Ukraine war high, consumer confidence highest since 2021
EconomyMacroeconomypoints drop in May. Since July last year, industry confidence is up by almost 6 points... on the rolling 12-month. Retail trade also improved by almost 6 points in June to 20.5, after a strong drop
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Greece aiming to agree updated migration deal with Turkey
PoliticsForeign Policypackage, amounting to 6 billion euros for Turkey, intended to elevate the living conditions of the vast... as additional funding. The agreement has so far financed 6 billion euros, but the EU could add an additional 3
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Newsletter 401 - 10/11/2023
of the outperformance comes from the top line, as net interest income climbed to 6 billion euros in the 9M, which... and ships, the aggregate deficit was down by 6 pct, at 18.63 billion euros.
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SYRIZA rebels poised to launch new group after split
PoliticsGreek Politics“Umbrella” group led by former finance minister Euclid Tsakalotos and the more moderate “6+6” faction
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Mitsotakis hopes tax bill tweaks will calm reactions in push to jump-start stalled reform agenda
PoliticsGreek Politicsof the “Umbrella” and “6+6” factions, SYRIZA president Stefanos Kasselakis continues in his quest to reinvent
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Kassalekis goes from blank canvas to empty vessel, blowing open progressive space
Agora“Umbrella” faction of the party and then the more moderate “6+6” faction. Eleven MPs, including
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Alpha Bank's NII at 1.65 bln in 2023, rising by 41 pct
EconomyBankingsheet clean-up, the NPE ratio reached 6 percent in 2023, from 7.8 percent in 2022. The Group’s NPE cash... ago. Loan loss impairments rose by 6 percent to 308 million euros, from 291 million in 2022. Balance
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PASOK candidates set out their stalls as SYRIZA sinks further into mire
PoliticsGreek PoliticsThe six candidates vying for the leadership of centre-left PASOK put their cases to the party’s central committee over the weekend as the first round of voting on October 6 approaches. Opinion polls... of PASOK. Just two candidates will make it through the first round on October 6, facing off in a run
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Drop in retail sales accelerates to 1.8 pct YoY in Aug, fall in volumes sharper
EconomyMacroeconomyby 6 percent, non-food decreased by 1.8 percent and food sales grew by 0.4 percent. Retail sales were... by 13.8 percent. Supermarket sales rose by 6 percent. The extreme inflationary effects that had been
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Details of 2025 budget point to complex economic challenges ahead
EconomyMacroeconomyrate in 2010 was 32.3 pct of GDP, and in 2023 it was almost 40 pct, which places Greece 6 points above the OECD average. Corporate taxation is just 6 pct of total revenues. It is this fiscal composition
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