EC keeps growth estimates broadly unchanged, fiscal outlook improves markedly
The European Commission published on Friday the latest autumn forecasts that included minor adjustments for the Greek growth outlook from the previous estimate in May.
Macropolis
Drop of 24.1 pct YoY in energy prompts biggest import price decline in a year
Greece’s import price index remained in contraction in September, accelerating to 10.6 percent year-on-year (YoY), after a 4.3 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
PASOK emerges as main beneficiary in reshuffling of political deck
A new sounding by Opinion Poll for Action24 shows PASOK surging to close the gap with New Democracy, with 20.4 pct of the projected vote versus 29.8 pct for the governing party.
Mitsotakis uses healthcare debate to turn anti-SYRIZA rhetoric on PASOK
A full-on attack by PM Kyriakos Mitsotakis during a debate on healthcare reform confirmed PASOK as New Democracy’s chief opponent in Parliament, as the social democrats stand neck-and-neck look to overtake a disintegrating SYRIZA.
Vehicle sales down by 2.3 pct YoY in Oct due to sharp drop in new cars
Road motor vehicles going into circulation for the first time rose by 2.1 percent year-on-year (YoY) in October, after a rise of 4.4 percent in September, according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.
PM makes first direct contact with Trump, hoping to keep US-Greek relationship special
Prime Minister Kyriakos Mitsotakis has made his first bid to build a connection with Donald Trump ahead of the latter being inaugurated as US President in January.
Role of inflation in US elections gives government food for thought
The PM’s office must have been following nervously the results in the US presidential elections and the qualitative findings from the exit polls as the economy dominated the factors that determined the vote of the American electorate.
Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
Alpha Bank reported a net profit of 489 million euros in 9M 2024, compared to a profit of 498 million euros in the same period of 2023, a drop of 2 percent.
NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln
National Bank of Greece (NBG) reported a core profit after tax of 983 million euros in 9M 2024, compared to a profit of 855 million euros in the same period of 2023, a rise of 15 percent year-on-year (YoY).
Eurobank NII jumps by 14.3 pct YoY to 1.83 bln in 9M
Eurobank posted a net profit of 1.13 billion euros in 9M, compared to 980.1 million euros in the same period of 2023.
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