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  1. Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts fell for the second straight month in February, when they declined by 3.8... the February travel balance to a deficit of 3.8 million from a surplus of 3.8 million last year. The decline in travel receipts is entirely attributed to a 14.9 percent decrease in non-residents’ arrivals

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  2. Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence

    Agora

    Greece is celebrating the 200th anniversary of its war of independence, which began in 1821 and allowed Greeks to free themselves of Ottoman rule and oppression, and form their own nation-state. To mark this occasion, we spoke to Sakis Gekas, the Hellenic Heritage Foundation (HHF) Chair of Modern

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  3. Sarantis Group sales rise by 9.8 pct in H1
    Image via www.sarantis.gr

    EconomyCorporates

    Consumer product producer and retailer Sarantis Group’s results for the first half (H1) of the year showed that sales improved by 9.8 percent during the period. Overall sales came to 160.3 million... operation are significant targets which the group expects will drive future expansion. Sarantis Group

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  4. ND wrong-foots SYRIZA with call to lift expat vote restrictions
    Photo by MacroPolis

    PoliticsGreek Politics

    The expat vote has become the latest pretext for a flare-up between the New Democracy government and opposition SYRIZA, as a new bill proposes to open up remote voting to the Greek diaspora... for their own version of the expat vote. The initiative is staunchly opposed by Communist Party KKE

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  5. Loosening of restrictions on expat vote fails to secure Parliament's approval

    PoliticsGreek Politics

    and diaspora Greeks alike, tabled the legislation after SYRIZA’s spokeswoman on expat affairs made

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  6. Helped by trading gains, Eurobank posts 305 mln in Q1 profits
    Photo by MacroPolis

    EconomyBanking

    Eurobank posted an adjusted net income of 305 million euros in the first quarter of 2022 (Q1), compared to a profit of 72 million euros last year. Core pre-provision income (PPI) rose by 10.4 percent year-on-year (YoY) in Q1 to 240.4 million euros, with 62.1 million euros of loan loss provisions

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  7. Parties take another look at granting vote to Greek expats
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    permitted in person, so in order to vote an expat would have to return to their home voting district... no residence conditions in connection to voting rights, while others require expat voters to have lived.... The bargain The issue of the expat vote appears to have climbed up the political agenda as the result

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  8. Appealing to dual audiences compounds mixed messages from SYRIZA

    PoliticsGreek Politics

    lack of absolute coherence within the party, the dual message being broadcast by SYRIZA reflects

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  9. Strong response to dual bond transaction takes 2021 debt issuance to 14 bln

    Economy

    Greece’s debt manager successfully completed the fifth syndicated transaction of the year through a dual transaction of the re-opening of the existing 5-year bond due February 2026 and the 30-year that was maturing in January 2052. Both bonds were initially issued earlier in the year. Overall

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  10. Current account surplus at 1.21 bln in September on services balance growth
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    billion euros. The primary factor behind the improvement was the travel balance which increased by 17.2 percent to 2.30 billion euros. This was driven by travel receipts rising by 15.5 percent to 2.47 billion, while travel payments declined by 3 percent to 173.5 million. BoG cited an 11.8 percent rise

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