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Travel receipts drop 6.7 pct in Feb, balance turns to deficit of 3.8 mln
EconomyMacroeconomyGreece'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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Podcast - Long live the revolution: The legacy of Greece's 1821 war of independence
AgoraGreece 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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Of symmetry and adjustments in the eurozone
Agoraand at the Jakarta School of Public Policy, Indonesia, where he is also head of the Economics Concentration. He
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Why is Europe worrying about SYRIZA?
Agoraand at the Jakarta School of Public Policy, Indonesia, where he is also head of the Economics
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Helped by trading gains, Eurobank posts 305 mln in Q1 profits
EconomyBankingEurobank 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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From nice story to pulped fiction: Carney delivers reality check on rules-based order
Agoraorder, or disorder, that the world needed, enabling leaders to assess options based on a realistic... “international rules‑based order” was little more than a diplomatic euphemism. It created the illusion... it, it was simply “a nice story.” “We knew the story of the international rules‑based order was partially
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Despite speculation, post-MoU credit line seems unlikely
EconomyProgrammeBank Association, the four systemic lenders and Bank of Greece governor Yannis Stournaras travel..., which would no longer be eligible if the waver is lost. For these reasons, there is currently very
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Current account surplus at 1.21 bln in September on services balance growth
EconomyMacroeconomybillion 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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Mitsotakis shifts focus to tax plan, investment, law and order
PoliticsGreek Politicsa stronger footing: Investment, tax relief and law and order. Mitsotakis held an informal meeting... and order issue in his televised interview, which was conduced just a few hours after the anti-terrorism... of “slowly but steadily restoring security and order.” New Democracy had campaigned strongly
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Police actions draw attention to ND's law and order agenda
PoliticsGreek Politicsand order. The conservatives promised to tighten things up upon coming to power. Since July, law and order has been high on the government agenda and the interventions at the Athens University of Business... behaviour. “The law and order agenda and practice followed by the government is a strategic choice,” said
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