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  1. Alpha Bank's 2024 profits at 654 mln, commision income at 420 mln
    Image: Alpha Bank

    EconomyBanking

    Alpha Bank reported a net profit of 654 million euros in 2024, compared to a profit of 618 million euros in 2023, a rise of 6 percent. Normalised profit after tax was 861 million euros, from 787... million euros in 2024, up 6 percent. Loan loss impairments dropped by 24 percent to 236 million

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  2. Newsletter 467 - 20/06/2025

    Newsletters

    in the next 6–12 months, pressure to abandon independence in favour of coalition will only... behind housing costs increasing by 6 pct in May. There is already mounting pressure on Greek

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  3. OPEKEPE inquiry sparks new political clash as despondent public looks on
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    (KKE) at 6 pct (8.7). SYRIZA languishes at 3.6 pct (4.8). Strikingly, undecided voters account for 24.3... pct positive responses (up from 11 pct) and 10 pct “interest,” while Samaras’s garners 6 pct positive

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  4. Newsletter 486 - 28/11/2025

    Newsletters

    and 6% in rural areas. Housing in Greece is also the most expensive relative to available income... to -50.6 points, from -47.6 in the previous month, now down by 6 points on a rolling 12-month basis

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  5. Here's why IOBE think tank sees Greek economy growing 0.7 pct this year

    Economy

    released before three months. Private consumption is seen growing by 0.5 to 1 percent (from -2... to around 2 percent in 2014 (from -3 percent before), in line with official estimates, on the back... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet

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  6. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    60 million in 2015 and 300 million in 2016 from 71 million for 2016 in the previous proposal. 2... (from 600 million previously) 2) Increase in the corporate income tax by 3pp to 29 percent...: New 1) Cut in defence spending by 200 million in 2016 2) Licenses to 4G and 5G for mobile

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  7. Newsletter 44 - 25/09/2015

    Newsletters

    for a milder recession in 2015 of between 1.5 and 2 percent, compared to the official forecast of 2.3 percent... is the main reason for the surplus increase. 2 Repetition with little clarity Stability will be hard.... Candidates have to submit their applications by 2 October, but the tension will build until the vote

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  8. Newsletter 46 - 09/10/2015

    Newsletters

    to be implemented by 15 October to unlock the first subtranche of 2 billion euros incorporates a first...-set relates to the: 1) adoption of a roadmap for the investment licensing reform, 2) establishment... up to non-pharmacists, 2) the implementation of at least 35 additional recommendations included

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  9. General government primary cash surplus widens notably to 5.14 bln at end of Nov
    Photo by MacroPolis

    EconomyMacroeconomy

    period. The government has initially indicated that a part of the last two sub-tranches of 2 and 1... loans by 2.18 billion largely due to the payment of the last sub-tranche of 2 billion. All the other... redemptions of 6.7 billion, increase in repos by 1.4 billion and a net decrease of around 2 billion

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  10. Newsletter 72 - 06/05/2016

    Newsletters

    so the main package of fiscal interventions can be settled. This will then leave the extra 2 percent... to back another package worth 2 percent of GDP, even if it may never be implemented. The European... to the form of contingency measures worth 2 percent of GDP the IMF is insisting should be detailed

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