Tag #Greek Economy

Showing 61 to 72 of 153 results

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Uneven Wage Growth in Greece: Reaching €1,500 Average Wage by 2027 Faces Challenges

Greek private sector wages rose in August 2024: 3% in large firms (€1,457.41 average gross monthly wage) and 4% in small firms (€1,032.14), but 22% of employees work part-time for €582. Achieving a €1,500 average wage by 2027 faces challenges due to slow GDP recovery.

Progress

36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Trade Estates AEAAP Reports Strong Q1 2025 Growth

Trade Estates AEAAP's Q1 2025 financial results showed strong growth: total revenue reached €12.2 million (+10.5% YoY), adjusted EBITDA was €7.9 million (+14.8% YoY), and net profit (excluding fair value adjustments) increased by 36.7% to €4.1 million. This growth is attributed to increased visitor ...

Progress

48% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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€2 Billion in Greek Mortgages Return to Banks

Approximately €2 billion in previously sold Greek mortgage loans are returning to banks like National Bank and Eurobank after three years of consistent repayment by borrowers, facilitated by doValue, offering upfront debt reduction and new financing.

Progress

40% Bias Score

No Poverty
kathimerini.gr
🌐 75% Global Worthiness
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Generali Hellas Reverses 2023 Losses, Reports €22.9 Million Net Profit in 2024

Generali Hellas reversed a 2023 loss to report €22.9 million net profit in 2024, driven by an 8.2% increase in gross written premiums (€550.7 million) across life and non-life insurance sectors, along with a €29.9 million increase in eligible own funds, surpassing €1 billion in assets under manageme...

Progress

12% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Greece's Tech-Driven Crackdown on Tax Evasion Yields €22 Billion

The Greek government's initiative linking POS systems to tax machines resulted in a 103.1% increase in declared income from freelancers in 2024, generating an additional €22 billion in tax revenue, exposing a significant gap between declared income (€80 billion) and consumption (€140 billion) in 202...

Progress

60% Bias Score

Reduced Inequality
kathimerini.gr
🌐 65% Global Worthiness
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Premia Properties to Invest €100-120 Million, Targeting Portfolio Doubling

Premia Properties AEAAP plans a €100-120 million investment over the next year, leveraging a €40 million capital increase to expand into student housing, offices, wineries, and social infrastructure, aiming to double its portfolio value to €1 billion within three years.

Progress

8% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greek Economy Grows, But Soaring Rents Pose a Challenge

Morgan Stanley forecasts positive growth for the Greek economy (2.2% in 2025, 1.8% in 2026), but warns about significant rent increases (10.5% inflation) impacting 35% of households, especially low-income ones.

Progress

16% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Euro Rises Against Dollar Amidst US Policy Uncertainty

Christine Lagarde attributes the recent fall of the dollar against the euro to the unpredictable policies of the Trump administration, viewing it as an opportunity for the EU to accelerate its integration process and benefit from increased stability and confidence.

Progress

24% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Greece Exceeds Budget Targets in First Four Months of 2025

Greece's government budget showed a €60 million surplus in the first four months of 2025, exceeding tax revenue targets by €1.455 billion (7%) due to improved tax collection and lower-than-expected spending, excluding recently announced €1.1 billion relief measures.

Progress

32% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Mitsotakis Receives Award for Greece's Economic Recovery

At the 2025 Wirtschaftsrat Deutschland economic conference in Berlin, Prime Minister Kyriakos Mitsotakis received the "Ludwig Erhard" award for Greece's economic recovery, highlighting a 4.8% primary surplus, 500,000 new jobs created in six years, and successful tax evasion reforms.

Progress

52% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Androulakis Criticizes Greek Government's Economic Policies

PASOK leader Nikos Androulakis, speaking at a Crete conference on May 11, 2025, criticized the current government's economic policies, highlighting a lower GDP than in 2009 and accusing them of serving the few, not the many, advocating for political change and a more just society.

Progress

60% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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NBG Reports Q1 2025 Profit, Strong Loan Growth Despite Lower Interest Rates

National Bank of Greece announced a €381 million post-tax profit in Q1 2025, slightly up year-on-year, driven by resilient revenue and strong loan growth (12% YoY increase in performing loans to €33.6 billion), despite a 9% decrease in net interest income due to lower interest rates.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 61 to 72 of 153 results