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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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SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity
PoliticsGreek Politicswage to be raised to 800 euros. The 2 pct increase on January 1 took the basic gross monthly salary.... These two were followed by wages and working conditions in a distant third on 28 pct. Only 7 pct
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Newsletter 324 - 21/01/2022
, they have called for the minimum wage to be raised to 800 euros. The 2 pct increase on January 1... conditions in a distant third on 28 pct. Only 7 pct of respondents said they can pay their energy
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Newsletter 329 - 25/02/2022
appears to be drawing support from both main parties, with 11 pct coming from former SYRIZA voters and 7... to subsidise energy bills has already reached 2 billion euros. The situation in Ukraine has created
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