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  1. Alpha Bank reports 2.5 bln loss in 9M as it intensifies effort to clean up balance sheet
    Photo by MacroPolis

    EconomyBanking

    expenses dropped by 1 pct in the 9M to 758 million euros. Loan loss impairments have increased by 30... Equity Tier 1 (CET1) ratio stood at 13.9 percent, from 12.8 percent in Q2. The Q2 figure includes

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  2. Govt searches budget for space to adopt more Covid and energy relief

    PoliticsGreek Politics

    for the sectors most affected that the latest round of restrictions. The Covid reserves stand at 1... permits, which are expected to generate around 1 billion euros in income. Decarbonisation row

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  3. Covid dominates start of 2022 but PM looks ahead to growth

    PoliticsGreek Politics

    in the country a year ago. As of January 1, 69.7 pct of the total population had received at least 1 jab

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  4. Newsletter 322 - 07/01/2022

    Newsletters

    the start of the new term, which included scrapping the 50+1 pct rule for something more stringent... Minister Theodoros Skylakakis, who oversees fiscal matters, argued recently that the 1 billion

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  5. Mitsotakis targets inflation on path to elections in 2023
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    that the second instalment of the minimum wage increase will be implemented on May 1, which is earlier than... to move ahead quickly with the minimum wage increase, after the first instalment of 2 pct on Jan 1

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  6. Newsletter 323 - 14/01/2022

    Newsletters

    his TV interview that the second increase to the minimum wage would come on May 1. The minimum wage was raised by 2 pct on January 1 and the conservatives had promised a second increase at some point

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  7. SYRIZA zooms in on inflation, pandemic weaknesses to boost popularity

    PoliticsGreek Politics

    last week that a second increase to the minimum wage would be adopted on May 1, SYRIZA seems to think... wage to be raised to 800 euros. The 2 pct increase on January 1 took the basic gross monthly salary

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  8. Newsletter 324 - 21/01/2022

    Newsletters

    to the minimum wage would be adopted on May 1, SYRIZA believes a public backlash against the increasing cost..., they have called for the minimum wage to be raised to 800 euros. The 2 pct increase on January 1

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  9. PM pledges more support as he seeks to resist inflation, pandemic threats
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    1, although he did not speculate on the number. Government sources had already indicated that the rise would be much higher than the 2 percent increase adopted on January 1. Nevertheless, Mitsotakis

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  10. Central govt debt rises again in Q4, reaching 388.3 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    (over 5 years) debt made up 74.6 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 14.6 percent and 10.8 percent respectively. Greece’s cash deposits

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