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  1. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    of public spending by 2.1 pct. Compared to the draft budget, private consumption was expected -6 pct

    15%
  2. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    . Excluding this fee, operating expenses during the quarter fell by 6 percent YoY. In the 9M period

    15%
  3. Plans for easing lockdown on hold as coronavirus, poll numbers cause ND concern
    Photo by MacroPolis

    PoliticsGreek Politics

    percent to 6 percent, almost 1 point ahead of the Communist Party (KKE) in fourth place. The poll’s

    15%
  4. Newsletter 275 -27/11/2020

    Newsletters

    was expected to fall by 6 pct, investments were seen down by 10.9 pct and exports lower by 24.8 pct. Public

    15%
  5. EIB investment survey points to diminished investment appetite
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    percent of firms reported being constrained, slightly more than double the EU average of 6 percent

    15%
  6. Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches

    PoliticsGreek Politics

    and cathedrals respectively, and allowing churches to remain open between December 21 and January 6

    15%
  7. Greece maintaining investors' interest, EY survey finds

    EconomyFeatures

    Republic (5 percent), Poland and Sweden (6 percent). Commenting on the findings, Panagiotis Papazoglou

    15%
  8. Banks end year with continued bad loan sales

    EconomyBanking

    also announced after its 9M results that it plans to sell Ethniki Insurance and reduce NPEs by 6

    15%
  9. Greece extends territorial waters in Ionian, hopes for deal with Albania
    Photo by MacroPolis

    PoliticsForeign Policy

    its territorial waters over 6 nautical miles”. This threat was highlighted by Foreign Minister Nikos

    15%
  10. Industrial production up by 8.6 percent in November
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    was driven by a 6 percent drop in the electricity supply index, followed by the mining and quarrying index

    15%