https://www.macropolis.gr/ en MacroPolis 2013 Fri, 01 May 2026 00:48:19 GMT 2026-05-01T00:48:19Z en MacroPolis 2013 https://www.macropolis.gr/garnish/rss-logo.png https://www.macropolis.gr/ https://www.macropolis.gr/?i=portal.en.economy.14095 The European Central Bank published this week research, based on the ECB’s Consumer Survey, that analyses housing costs for the eurozone’s eleven largest countries which captures the rising housing spending, on expenditures related to rents or mortgages, home maintenance and utility bills. Wed, 24 Apr 2024 10:38:40 GMT https://www.macropolis.gr/?i=portal.en.economy.14095 Nick Malkoutzis 2024-04-24T10:38:40Z https://www.macropolis.gr/?i=portal.en.economy.12277 In a global environment of rising sovereign bond yields as key central banks fight inflation with aggressive policy tightening, Greece is facing challenges not because it is a special case, but because the landscape appears to have shifted for the medium-term. Thu, 22 Sep 2022 08:21:24 GMT https://www.macropolis.gr/?i=portal.en.economy.12277 Nick Malkoutzis 2022-09-22T08:21:24Z https://www.macropolis.gr/?i=portal.en.greek-politics.11789 As well as making a landmark foreign policy move over the weekend by deciding to supply Ukraine with arms following the Russian invasion, the Greek government has been mulling the economic impact of the war. Mon, 28 Feb 2022 07:57:12 GMT https://www.macropolis.gr/?i=portal.en.greek-politics.11789 Nick Malkoutzis 2022-02-28T07:57:12Z https://www.macropolis.gr/?i=portal.en.economy.11393 The Greek authorities, as well as the markets, had hoped that Greece will continue to enjoy some sort of support from the ECB once the current asset purchase programme, PEPP, concludes in March next year but this looks unlikely. Tue, 14 Dec 2021 08:56:08 GMT https://www.macropolis.gr/?i=portal.en.economy.11393 Nick Malkoutzis 2021-12-14T08:56:08Z https://www.macropolis.gr/?i=portal.en.economy.11255 Although the rating review by S&P scheduled for last Friday had created some anticipation that a further credit rating upgrade could be on the cards, the rating agency did not publish a review, closing the year with a ‘BB’ grade and positive outlook. Mon, 25 Oct 2021 07:53:25 GMT https://www.macropolis.gr/?i=portal.en.economy.11255 Nick Malkoutzis 2021-10-25T07:53:25Z https://www.macropolis.gr/?i=portal.en.macroeconomy.11205 Following two years during which the pandemic forced the Greek authorities to provide extensive support packages that pushed up the debt both in nominal terms and as a percentage of GDP, the draft 2022 budget anticipates the debt-to-GDP ratio resuming a downward path. Tue, 05 Oct 2021 09:03:36 GMT https://www.macropolis.gr/?i=portal.en.macroeconomy.11205 Nick Malkoutzis 2021-10-05T09:03:36Z https://www.macropolis.gr/?i=portal.en.banking.11058 The forward momentum in the Greek banking sector gathered pace on Friday when the results of the 2021 stress tests were announced. Mon, 02 Aug 2021 06:13:18 GMT https://www.macropolis.gr/?i=portal.en.banking.11058 Nick Malkoutzis 2021-08-02T06:13:18Z https://www.macropolis.gr/?i=portal.en.banking.10134 The banking sector, particularly Piraeus Bank, was at the centre of attention last week, experiencing significant price turbulence as a result of concerns about coupon payments linked to the recapitalisation carried out five years ago. Mon, 02 Nov 2020 09:47:22 GMT https://www.macropolis.gr/?i=portal.en.banking.10134 Omaira Gill 2020-11-02T09:47:22Z https://www.macropolis.gr/?i=portal.en.economy.9744 Greece was buoyed by the European Central Bank on Thursday, following its announcement that the emergency pandemic purchase programme (PEPP) will be extended beyond the end of 2020. Fri, 05 Jun 2020 08:05:56 GMT https://www.macropolis.gr/?i=portal.en.economy.9744 Omaira Gill 2020-06-05T08:05:56Z https://www.macropolis.gr/?i=portal.en.economy.9527 Tuesday’s Eurogroup teleconference ended in disagreement and is set to be repeated on Thursday, although Greece did secure a boost from the European Central Bank, which decided to allow Greek sovereign bonds to be used as collateral by local banks. Wed, 08 Apr 2020 08:36:21 GMT https://www.macropolis.gr/?i=portal.en.economy.9527 Nick Malkoutzis 2020-04-08T08:36:21Z https://www.macropolis.gr/?i=portal.en.greek-politics.9453 Prime Minister Kyriakos Mitsotakis was due on Thursday afternoon to give his third public address in two weeks in connection to the coronavirus. Thu, 19 Mar 2020 14:29:37 GMT https://www.macropolis.gr/?i=portal.en.greek-politics.9453 Nick Malkoutzis 2020-03-19T14:29:37Z https://www.macropolis.gr/?i=portal.en.economy.9448 After seeing its sovereign debt market decimated within a period of four weeks, Greece breathed a sigh of relief on Wednesday night when the ECB announced that it will include the country in its Pandemic Emergency Purchase Programme (PEPP). Thu, 19 Mar 2020 08:24:36 GMT https://www.macropolis.gr/?i=portal.en.economy.9448 Nick Malkoutzis 2020-03-19T08:24:36Z https://www.macropolis.gr/?i=portal.en.programme.9315 During the first visit to Athens of the new Economic Affairs Commissioner Paolo Gentiloni, the Greek government stepped up its efforts to secure more fiscal space that will allow it to continue its policy of tax cuts. Fri, 07 Feb 2020 10:50:22 GMT https://www.macropolis.gr/?i=portal.en.programme.9315 Nick Malkoutzis 2020-02-07T10:50:22Z https://www.macropolis.gr/?i=portal.en.banking.9298 The European Central Bank (ECB) announced last Friday the beginning of the stress test process for 2020, an EU-wide exercise that will be led by the European Banking Authority (EBA) and will examine 35 significant euro area banks, which are directly supervised by the ECB and cover 70 percent of banking sector assets in the eurozone. Mon, 03 Feb 2020 10:24:45 GMT https://www.macropolis.gr/?i=portal.en.banking.9298 Nick Malkoutzis 2020-02-03T10:24:45Z https://www.macropolis.gr/?i=portal.en.banking.8765 Finance Minister Christos Staikouras was due to meet the CEOs of Greece’s four systemic banks on Thursday as the government appears to be stepping up its efforts to secure approval for the Asset Protection Scheme (APS) aimed at reducing the giant pile of NPLs on their balance sheets. Thu, 03 Oct 2019 11:12:02 GMT https://www.macropolis.gr/?i=portal.en.banking.8765 Nick Malkoutzis 2019-10-03T11:12:02Z https://www.macropolis.gr/?i=portal.en.programme.8708 Finance Minister Christos Staikouras was due on Friday to take up the government’s drive to convince Greece’s eurozone partners that the country is on the right track following this summer’s elections. Fri, 13 Sep 2019 09:25:47 GMT https://www.macropolis.gr/?i=portal.en.programme.8708 Nick Malkoutzis 2019-09-13T09:25:47Z https://www.macropolis.gr/?i=portal.en.macroeconomy.8552 Greek banks’ Eurosystem funding rose by 539 million euros month-on-month (MoM) in June according to the monthly Bank of Greece's (BoG) financial statement. Tue, 16 Jul 2019 10:35:19 GMT https://www.macropolis.gr/?i=portal.en.macroeconomy.8552 Omaira Gill 2019-07-16T10:35:19Z https://www.macropolis.gr/?i=portal.en.macroeconomy.8472 Greek banks’ Eurosystem funding fell by 399 million euros month-on-month (MoM) in May, the monthly Bank of Greece's (BoG) financial statement showed. Tue, 18 Jun 2019 10:26:21 GMT https://www.macropolis.gr/?i=portal.en.macroeconomy.8472 Omaira Gill 2019-06-18T10:26:21Z https://www.macropolis.gr/?i=portal.en.macroeconomy.8371 Greek banks’ Eurosystem funding edged up by 84 million euros month-on-month (MoM) in April, the monthly Bank of Greece's (BoG) financial statement showed on Thursday. Fri, 17 May 2019 06:34:43 GMT https://www.macropolis.gr/?i=portal.en.macroeconomy.8371 Omaira Gill 2019-05-17T06:34:43Z https://www.macropolis.gr/?i=portal.en.macroeconomy.8276 ​Greek banks’ Eurosystem funding declined by 625 million euros month-on-month (MoM) in March, the monthly Bank of Greece's (BoG) financial statement showed on Tuesday. Wed, 17 Apr 2019 08:32:00 GMT https://www.macropolis.gr/?i=portal.en.macroeconomy.8276 Omaira Gill 2019-04-17T08:32:00Z