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Hercules nears end of its first cycle with National Bank's participation
EconomyBankingon the securitisation of the Phoenix portfolio worth 2 billion euros. The four systemic banks have said.... On the cards for Hercules II are Vega Phoenix from Piraeus, worth 7 billion euros, and the remainder of Alpha
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Newsletter 293 - 16/04/2021
of interventions aimed at businesses and individuals to address the 7 billion euros in overdue debt... with an expenditure of 47 million euros through the PIB. 2 New tax debt at 1.63 bln February Rises by 1.03 bln month
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Who lied about Covid-19 in Serbia, and how?
Agorato these, Serbian officials had many more statements (1, 2, 3, 4, 5, 6, 7) with disinformation
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Piraeus Bank impairments impact H1 results as NPE clean-up accelerates
EconomyBankingand 7 billion euros from Sunrise 1. Piraeus intends to have 3.6 billion euros of NPEs in early 2022... billion euros, rising by 2 billion from the previous quarter. This full amount corresponded to the full
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Price hikes pose fresh challenge for government
PoliticsGreek Politicshas already grown by 7 pct in the first half of 2021. Finance Ministry sources told the local media that each percentage of GDP growth adds half a percentage of tax revenues. As such, a 2 percentage
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Spurred by rising employment, Q2 unemployment drops to 10-year low of 15.8 pct
EconomyMacroeconomymillion, dropping by 8.1 percent compared with the previous quarter and by 2 percent compared... with temporary jobs is 7 percent. Part-time employment has increased by 12.9 percent compared to Q1 2021 and down
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Rival economic plans leave voters unimpressed amid uncertainty over new Covid surge
PoliticsGreek Politicswas reaction to pressure from the authorities, 11 pct cited “religious reasons”, and 7 pct claimed they were not concerned about Covid. Only 2 pct of all respondents said they had booked a vaccination
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Newsletter 311 - 08/10/2021
to 2039. With a primary deficit of roughly 2 billion euros seen in 2022 and interest payments...) and there were several similar parties drawing the support of some of the 7 percent of respondents
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Tsipras tries to put PM on spot by pushing for 800-euro min wage
PoliticsGreek Politicspurchases of 7 billion euros?,” said the SYRIZA chief. However, perhaps the centrepiece..., the government announced a minimum wage increase of 2 pct, taking the basic salary level to 663 euros from
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Govt pleads with firms to absorb inflation as surveillance claims prompt calls for accountability
PoliticsGreek Politicsas the government plans to revise its official growth forecast up from 6.1 pct to just shy of 7 pct. However... largely intact as the opposition party slid from 22 pct to 21.5 pct. Third party KINAL gained 2 pct
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