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New measures yet to deliver poll bump for ND as SYRIZA sinks further
PoliticsGreek Politicspoints to 12 pct. However, SYRIZA’s support dropped by 1.5 points to 7 pct. This leaves the leftists... November 1 and 3, followed by the first round of voting in the leadership election on November 24, followed by a run-off ballot on December 1. Regarding the PASOK leadership vote, which is approaching
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Newsletter 436 - 11/10/2024
billion this year and rise by over 1 billion euros in 2025 to 26.51 billion euros. The Finance Ministry... revenues from the reduction in social insurance contributions by 1 percentage point and 238 million euros... were up by 7 pct. Imports from EU countries were up by 1.8 pct, while non-EU imports were up by 2.1 pct
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National Bank net profits at 384 mln in Q1, fees up 6 pct YoY to 106 mln
EconomyBankingto a profit of 358 million euros in Q1 2024, a rise of 1 percent year-on-year (YoY). Attributable... in Q1 were 227 million euros, up by 7 percent YoY. Balance sheet Group deposits amounted to 56.5... quality NPEs stayed below 1 billion euros in Q1, with the ratio at 2.6 percent and coverage at 97.5
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Seasonal factors push up retail sales growth to 7.6 pct YoY in Apr
EconomyMacroeconomywas up by 1 percent. Compared to April 2024, automotive fuel was down by 6.3 percent, non-food... and food and beverages were up by 20.6 percent. Clothing and footwear also recorded a rise of 1 percent... of prices, with fuels up by 4.7 percent, a 12.9 percent rise in foods and non-food up by 7 percent
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NBG net profits at 701 mln, commissions income rises 8 pct YoY to 221 mln
EconomyBankingto a profit of 708 million euros in H1 2024, a drop of 1 percent year-on-year (YoY). Attributable profit... were 451 million euros, up by 7 percent YoY. Balance sheet Group deposits amounted to 59.22 billion... quality NPEs stayed below 1 billion euros in H1, with the ratio at 2.5 percent and coverage at 99.8
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Greece and the euro: The flight of Icarus
Agoradollars) a month, where civil servants make up less than 20 percent of the workforce and where public... stagnant by comparison. When Greece entered the euro, it exported 1 euro for every 3 it imported. By 2009.... The economy has shrunk by more than 20 percent since its peak in 2008 and is expected to contract by another
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A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
Economyamount will be paid in 84 monthly instalments, which could not exceed 20 percent of the taxpayers’ income. SYRIZA expects that more than 20 billion of unpaid taxes will be incorporated in the settlement... will derive from the National Strategic Reference Framework (NSRF) for 2007-2013 (1 billion), the NSRF
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To Potami intensifies efforts to mop up disgruntled Greek voters
PoliticsGreek Politics3.2, DIMAR 1. #Greece #politics — MacroPolis (@MacroPolis_gr) September 20, 2014 Rass poll for Paron..., Potami 4.3, Ind Grks 3.1, DIMAR 1.7, LAOS 1.1 #Greece — MacroPolis (@MacroPolis_gr) September 20, 2014
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The measures Greece is proposing to secure troika's return
EconomyProgrammemeasures include: 1) Increase in the VAT rate for hotels to 13 percent from 6.5 percent... with between 15 and 20 years worth of social security credits, allowances will be linked to their contributions. b) The minimum amount of insured years for early retirement increase from 15 to 20 c
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What next Greece?
AgoraIt is easier to write down big questions on Greece’s future; harder to answer them: (1) Will Syriza... flee. Eurosystem funding for Greek banks increased by €11bn (20%) in December. Unless.... For what it is worth, my own view is that the exit probability is just under 20%. *Gabriel Sterne
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