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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingits results on March 16. But this is more a reflection on its planned 1 billion-euro share capital... the pandemic. Stournaras on Wednesday estimated that new NPLs in 2021 will amount to 8 to 10 billion euros. Yet
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Piraeus announces Q1 loss of 407 mln as provisions mount
EconomyBanking) to 76 million euros, while total operating expenses stood at 225 million, a drop of 1 percent YoY.... Balance Sheet Customer deposits grew to 50.4 billion euros in Q1, a rise of 8 percent YoY and 2
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PM looking to build on RRF approval to augment profile as moderniser
PoliticsGreek PoliticsCommission has indicated that it expects 1 percent of GDP to be added this year, 2 percent next year and 2.5... 2.3 billion in grants and close to 2 billion in loans) to be made in July, with close to 8 billion
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Govt views pandemic window as opportunity to advance contentious reform agenda
PoliticsGreek Politicswill come into effect from January 1 for all new entrants in the labour market with the option of opening... seen an increase in the number of Covid-19 variants recorded in Greece. As of June 8, fewer than 10
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Opposition to vaccines hardens, revealing deep rift in public attitudes
PoliticsGreek Politicsby September 1 or face suspension without pay, the second group after care home workers to have... proportion (3 pct) cited general opposition to vaccines. Almost 8 in 10 unvaccinated respondents said
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Spurred by rising employment, Q2 unemployment drops to 10-year low of 15.8 pct
EconomyMacroeconomyyear. The number of people employed amounted to 3.92 million, increasing sharply by 8 percent... unemployed (over 1 year) came to 447,200 people, representing 61 percent of the total unemployed
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Tsipras looks for fresh start as Mitsotakis holds election cards
PoliticsGreek Politicspledged to increase the budget outlay but also to dedicate 1 billion euros of RRF money to bolstering... suggesting that the Greek economy could grow by as much as 8 pct this year, rather than the upward revised
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From the National Energy and Climate Plan to COP26: What has Greek climate policy learned?
SocietyKyriakos Mitsotakis, address to UN COP26 summit, Glasgow, 1 November 2021. A lot has happened... to just shy of 8 GW in August 2021, an increase of 28 pct. Production permits for new planned wind
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Unemployment drops to 13 pct in Q3, lowest since 2010, as employed exceed 4 mln
EconomyMacroeconomy1 year) came to 408,700 people, representing 66.4 percent of the total unemployed. Alarmingly.... Part-time employment is stable at 8.2 percent, while the share of persons with temporary jobs is 8
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Newsletter 333 - 01/04/2022
billion euros and corporate taxation at 4.08 billion euros, or 8 pct. Given the size of the indirect... of 1 pct in 2022. Due to the increase in economic activity that was anticipated at a growth rate
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