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PMI up to 59 pts in Dec as manufacturing nears year of growth despite supply chain challenges
EconomyMacroeconomyGreece’s manufacturing PMI edged up slightly in December to 59 points, from 58.8 in November, according to Markit data released on Monday. The data shows another marked improvement in the Greek... pushing up prices as firms attempt to pass-through their costs to clients. Input prices were pushed up
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Relief measures being lined up, but PM's eye also on reforms rollout
PoliticsGreek Politicssubsidy, which will aim to put up to 100 euros in the pockets of as many as 3.1 million drivers... stipend, when the PM had promised up to 600 euros per each bill. SYRIZA accused the government... to conclude up to 50 actions by the end of the year and to complete the reform programme it set out in 2019
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No let-up in pressure over spying scandal as govt unveils intelligence agency changes
PoliticsGreek Politicsin criminal investigations are recorded separately. There were 3,190 such petitions in 2020, up from.... Opposition pressure Understandably, the opposition parties show no signs of letting up over the scandal... the government of trying to cover up the affair and not coming clean about why Androulakis was bugged. ND
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Surveillance scandal claims mount, ratcheting up pressure on PM
PoliticsGreek Politicsof recent surveillance scandal revelations, his aspirations went up in smoke as reports about the use... in Greece worked at KETYAK once it was set up. The report that may cause the most concern within... EYP signed up. According to the report, the software was used on a trial basis in early 2020 against
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NBG's total attributable profit rises to 1.12bln in 2022, up 29 pct
EconomyBankingannually. Pre-provision income (PPI) stood at 1.26 billion euros, up by 12 percent on the 1.11 billion... at 1.72 billion, was up by 15 percent annually. Operating expenses in 2022 were stable at 805 million euros, up by 3 percent YoY. Balance Sheet Group deposits amounted to 55.19 billion euros in 2022
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Mitsotakis, Tsipras criss-cross Greece as support for main parties edges up
PoliticsGreek PoliticsGreece in a bit to drum up support ahead of the May 21 elections as some voters seem to be moving.... The average of the data compiled by eight polling companies indicates that support for ND has edged up by 1 point since last month, while SYRIZA’s backing has risen 0.4 points. PASOK is up by 0.3 points
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Leaders gear up for debate as ND maintains opinion poll lead
PoliticsGreek Politicsof voting intentions. This is 0.5 point up on two weeks earlier. SYRIZA is also up by half a point... up, and MeRA25 and KKE abstain from the confidence vote. However, both are unlikely scenarios
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Parties step up battle for voters in election home stretch
PoliticsGreek Politicswhen issues relating to stability or uncertainty come up in the election debate. The PM wants voters.... The issue was brought up in the speech that Tsipras gave to SYRIZA supporters in Thessaloniki on Tuesday..., particularly those who will be casting their first ballots. It is estimated that up to 450,000 young Greeks
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Travel balance up to May rises by 30.7 pct as arrivals soar by a third
EconomyMacroeconomy, up roughly 25 percent year-on-year. Travel payments rose by 6.4 percent to 209.2 million euros. Arrivals were 2.51 million in May, up roughly 14 percent from 2022. EU arrivals were 1.5 million... receipts were 678.9 million. Average expenditure per trip was up by 9 percent at 667.1 euros, from
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Alpha's net interest income rises to 863.7 mln, up 48.5 pct YoY
EconomyBankingin 2022, up by 78.6 percent. Asset quality Following a very busy 2021 in terms of the balance sheet clean-up, the NPE stock stood at 3 billion euros in H1 2023, from 3.23 billion euros in the same 2022... was 863.7 million euros in H1, up by 48.5 percent year-on-year, from 581.6 million in H1 2022. Net fee
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