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Left pulls together against ND's labour reform bill
PoliticsGreek Politicsa strong push over recent weeks, fronted by Labour Minister Kostis Hatzidakis, to present... that they have hitherto pointedly shunned. With ND maintaining a strong lead as it approaches the mid-point... divide. New Democracy have been making a strong push over recent weeks, fronted by Labour Minister
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Positive sentiment around banks continues to grow
EconomyBankingbeen reporting very strong earnings, with net income at 1.7 billion euros by the end of H1, assisted... strong profitability in 2022, when total income was 3.8 billion euros for the four systemic banks, thanks to strong net interest income of close to 5.5 billion euros. Throughout the year, the sector has
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Newsletter 426 - 07/06/2024
by a strong build up of inventories that pushed up capital formation. Quarter-on-quarter (QoQ), GDP... been growing QoQ for four straight quarters. Nominal growth was also strong YoY, rising by 5 pct... component due to the festive period. Exports also recorded a strong contraction compared to the same
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Mitsotakis seeks to end squabbling as ND heads to anniversary in pole position
PoliticsGreek Politics, wreaking havoc. However, ND continues to maintain a strong lead over a relatively weak opposition.... Following a number of cases involving attacks on young people by their peers, which gained strong... touches on the wider law and order issue, which had been one of the government’s strong cards, but has
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Fitch leaves rating unchanged at 'BBB-', ups outlook to positive
EconomyMacroeconomyagencies now having Greece in this category. Fitch notes Greece’s strong fiscal performance... debt decline among Fitch-rated investment-grade sovereigns. Greece also maintains strong cash... projects debt-to-GDP to fall to 120% by 2030. The government has demonstrated a strong commitment
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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomycomponents. Fiscal performance remained exceptionally strong. Contrary to expectations of mild fiscal... strong foreign investor demand, and containing yield pressures. Greek banks and non-financial.... Greek banks remain financially robust, with strong profitability, high capital and liquidity ratios
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Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
PoliticsGreek Politicsscepticism toward political leadership, and a strong desire for change. It is against this backdrop... a strong and widening lead and the opposition continues to be unable to convert public dissatisfaction.... Despite this aversion to escalation, the public expresses strong support for defensive measures linked
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Scope leaves 'BBB' rating unchanged, outlook remains positive
EconomyMacroeconomyaction since. The agency notes that Greece’s rating is supported by strong fiscal performance... financing, along with strong European institutional support, including Eurosystem backstops and EU funding... international investment position, and reliance on services exposed to shocks. Scope expects strong fiscal
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How snap elections in Greece fit into Samaras's strategy
Agoraattempts to put off the inevitable. There was never a convincing case that the coalition’s... overcomes these hurdles, it will still have to put its demands for debt relief and economic stimulus... reach an impasse very swiftly. Any attempt to seek confrontation with the eurozone that could put Greece
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You've heard the Greek crisis myths, now here are some truths
Agora, it was decided that a unique package of loans should be put together for Athens. This was deemed... programmes has reached nearly 200 billion euros and exceeded 120 percent of the Greek economy, it is quite.... They put together a mechanism to provide financing to an insolvent Greece based on bilateral loans
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