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EU deal appears promising for Greece, but success rides on efficient use of funds
PoliticsGreek Politicschange to what the government had expected to be available, nor the terms attached (Mitsotakis... was a reduction in funding for some EU programmes, such as the Horizon Europe scheme for research... is in the proposal and what projects Greece might propose for funding. All national plans will have to focus
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBanking, with net repo exposure amounting to around 300 million euros. The significantly lower funding terms under... billion euros YoY to 47 billion, comprising about 80 percent of the bank’s total funding sources. NBG’s... to a improvement of the bank’s blended funding cost to nearly zero Q4 (7bps), compared with 41bps
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Greece tops EU tables for lawyers but also pending administrative court cases
SocietyGreece tops the EU league tables in terms of the number of lawyers per population and has by far... of the scale in terms of the length of proceedings. Greece saw the number of incoming civil and commercial... three years later. In terms of pending cases in all categories, Greece ranked joint third with Italy
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MTFS outlines ambitious economic and fiscal road for next four years
EconomyProgrammein 2020 and to 2.2 percent in 2021. Investments and improved trade terms are seen as driving Greece’s... percent 2022. In absolute terms, the primary surplus in 2022 will reach 11.04 billion euros, from 5.63... in absolute terms and as a percentage of GDP as the economy resumes its growth. Debt is seen dropping
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GDP revision for 2017 points to slight improvement from initial estimates
EconomyMacroeconomydata, Greece’s economy in volume terms performed slightly better in 2017, growing by 1.5 percent... than the 9.6 percent growth seen in March. Exports growth, also in volume terms, remained the same... was marginally lower at 7.1 percent from 7.2 percent in the first estimate. In nominal terms, the Greek economy
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Athens starts MTFS process with baseline scenario that sees growth slowing down
Economy. In real terms, the economy this year is expected to grow by 2.5 percent, 2.3 percent in 2020, 2.1 percent... terms will grow from a peak of 3.7 percent in 2020 to a slower 3.4 percent in 2023. In real terms... digit growth of 6.4 percent this year to 5.1 percent in 2023. In real terms, exports will grow
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Fighting fake news is a "to be or not to be" battle
Agorathat will allow them to feel, at least for a moment, more secure. Global alarm In global terms... of the media META and Portalb media, which are also published by "Metamorphosis". In terms of percentages... do not seem to be too great, although they are visible in terms of reducing the sharing. Active
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Newsletter 441 - 15/11/2024
, the same as centre-left PASOK. In parliamentary terms, SYRIZA still remains the main opposition party... rights in Parliament. Although in practical terms, the impact of such a demotion will be relatively minor, in symbolic terms it will deliver another huge blow to SYRIZA, which now looks to be sliding
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What is the state of play with Greek banks?
Economythe Portuguese BCP. In terms of market share gains, Piraeus, the key market consolidator, became the largest..., other cost cutting initiatives, lower funding cost and disposal of non-core assets will also be taken into account. Lower funding cost is the key top-line positive element stemming from the sharp
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EU Task Force sees improvements in Greece, tends to damaged ties
PoliticsGreek Politicsincluded in the terms of its bailout with the eurozone and International Monetary Fund. The troika had... absorption of structural and cohesion funding and an “accelerated pace of change” in public... because of the shrinking of Greece’s public investment program, regional schemes, such as the funding
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