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  1. First visit by quadriga to Athens leaves series of issues unresolved

    EconomyProgramme

    . Labour Minister Giorgos Katrougalos presented to the quadriga the key pillars and measures...The first visit of the quadriga mission chiefs to Athens after the signing of the third bailout... forecasts, with the quadriga aligning its estimates with the Greek government’s, which points to a milder

    100%

  2. 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

    52%

  3. General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year

    EconomyMacroeconomy

    of guarantees indicates they were kept broadly flat in the year to date at 66.62 billion. The bulk... doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released... 126 million in the corresponding period last year. The key contributor to gg primary surplus

    48%

  4. 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

    43%

  5. Greece bottom of the list on EU social justice index
    Photo by Panayiotis Tzamaros/Fosphotos

    Society

    been carried out annually since 2008. The EU average score stood at 5.85, improving on last year’s... market in Greece scored lowest out of all countries (3.46). As of 2016, the year on which survey data..., with a score of 7.39. Greece had the lowest overall score at 3.70 on the Social Justice Index (SJI

    36%

  6. PM paves way to elections with three-year growth plan as ballot speculation simmers

    PoliticsGreek Politics

    Democracy a third term. At the heart of the pitch is a three-year growth programme, which, he argues... at the end of the four-year term, in spring 2027, timed so that the tax and income measures unveiled... “a catalogue of handouts”. This is a formulation aimed pre-emptively at the specific pledges that PASOK

    32%

  7. Samaras escalates row with PM as ELAS tries to build credibility
    Photo by Panayotis Tzmaros/Fosphotos

    PoliticsGreek Politics

    to catalogue all scandals of the seven‑year period and found more than 44 ministers, MPs, general...% and the average wage by 20%, but pointed out that cumulative inflation over the seven‑year period... officials, the programme will rest on five main pillars: boosting revenues by tackling tax evasion

    28%

  8. CPI stays flat in December, falls by 0.8 pct in 2016
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    month. In addition, the goods’ index stayed flat, while the services’ index edged up 0.1 percent... successive year in 2016, when the CPI fell by 0.8 percent following a drop of 1.7 percent, which... inflationary year since 2012. The Finance Ministry expects HICP to grow by 0.6 percent, while European

    23%

  9. Greek stocks remain flat during week, banks underperform

    Economy

    The Greek equity market traded sideways amid muted sessions this week, ending flat compared to the previous week’s closing. S&P affirmed last Friday evening Greece’s ‘B-/B’ ratings with a stable... from last year. Titan posted a sharp drop in H1 net profit of 62 percent to 9.2 million mainly

    23%

  10. Alpha Bank posts net profits of 48.1 mln in Q1, Greek NPE formation turns slightly negative on write-offs
    Photo by MacroPolis

    EconomyBanking

    -on-quarter (QoQ) to 305 million, mostly reflecting a drop in operating expenses following... challenging, taking into account the developments in the first five months of the year. Management also said... in Greece, while another 1.5 billion are planned to be transferred by the end of the year. P&L NII fell

    22%