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  1. NBG 2024 profits at 1.16 bln, commision income up 12 pct at 427 mln
    Image: NBG

    EconomyBanking

    Income (PPI) stood at 1.9 billion, up by 5 percent annually. Operating expenses in 2024 were 884 million

    8%

  2. In autumn forecasts, EC sticks by GDP estimates but expects lower unemployment
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    previous estimate that economic activity will start picking up from the second half of this year.... However, EC updated its estimates on the GDP components and is now expecting private consumption to drop... estimates involve persistence of the strong revenue collection as well as revenue administration

    8%

  3. IMF revises fiscal estimates upward, sees debt ratio at 162.8 pct in 2022
    Photo by MacroPolis

    EconomyMacroeconomy

    upped its primary surplus estimate for 2016 to 3.3 percent of GDP, from 0.1 percent in its previous... Fiscal Monitor, which provided its updated fiscal estimates. Unlike the downward revision of its..., the Fund estimates a lower primary surplus of 1.5 percent of GDP from 2019 onwards. This means that IMF

    8%

  4. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    previous estimate for a GDP contraction of 0.7 percent expected in early February. In specific, EC... 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday. The headline... is the highest negative reading since Q4 2014. ELSTAT said flash estimates are expected to be revised upon

    7%

  5. Deadly collision throws spotlight on government’s migration policy

    PoliticsGreek Politics

    the crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against... insufficient compared to the needs of industry which estimates a requirement of closer to 200,000... those living and working legally in Greece, including an estimated 155,000 migrants on long-term

    7%

  6. Athens ponders Syria shake-up with particular focus on Turkey

    PoliticsForeign Policy

    chief Kaja Kallas participated on Saturday at a meeting of Arab Foreign Ministers in Jordan. “We want

    7%

  7. Greece gets close-up view of rapidly changing US foreign policy position

    PoliticsForeign Policy

    talks with the EU’s High Representative Kaja Kallas, provoking further frustration to Brussels

    7%

  8. Strait of Hormuz tensions test EU unity and Greece's strategic limits
    Alex MITA / PIO

    PoliticsForeign Policy

    gave a negative response to such prospects. As the EU’s foreign chief Kaja Kallas stated on Monday

    7%

  9. Revised GDP data shows recession for 2016, higher growth in 2014
    By Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual... an initial estimate of 0.1 percent growth. ELSTAT also revised the national accounts for the years... compared to an initial growth estimate of 0.6 percent. Expenditure of households dropped by 0.1 percent

    7%

  10. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    of the flash estimate. All key GDP components fell QoQ. The most significant drops were seen... 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday. The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released

    7%