Greek T-bill auction set for Wednesday
Greece’s Public Debt Management Agency (PDMA) announced on Friday that this Wednesday it will auction 26-week treasury bills to the amount of 625 million euros in book entry form.
ALD Automotive-LeasePlan merger could affect Greek leasing market
The completion of the takeover of Dutch multinational LeasePlan by the French ALD Automotive for 4.9 billion euros leads to the merger of the two leasing and fleet management companies operating in Greece, with the position of managing director in the new structure (ALD Automotive-LeasePlan) being occupied by the previous CEO of LeasePlan, Costas Petroutsos.
Survey shows Covid hit working-class areas hardest
The conclusions of a survey on income inequality in Greece have shown that low-income areas with poor living conditions and residents dwelling in smaller homes were more vulnerable and had higher Covid-19 mortality rates compared to more affluent municipalities.
No more followers
The national election on May 21 showed that Greek public opinion has begun to vote based on political parties’ programs and positions. Not based on slogans and generalities.
Operational slip-up
We did not see what the voluminous blue folder that New Democracy leader Kyriakos Mitsotakis handed over to the caretaker prime minister, Ioannis Sarmas, contained. It seemed too heavy to only include next month’s milestones. We do know that the president, Katerina Sakellaropoulou, will represent Greece at the summit of the European Political Community (EPC)…
Cartoon (27/05/2023)
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300,000 IT experts needed
While the need for Greece’s digital transformation and companies’ investments in technology have led to an explosion in demand for IT executives, the country does not employ enough workers in this sector
Banks see revenue from interest soar
Greece’s four systemic banks recorded an increase in interest income between 50% and 75% in the first quarter of the year, benefiting from the rise in interest rates on their loan portfolios and the containment of interest rates on deposits.
Erdogan’s winning formula
To the dismay of secular and Westernized segments of Turkish society Erdogan once again proved his popularity. With 49.5 percent of the votes, he came very close to winning in the first round. The next round is scheduled for Sunday and Erdogan is now the clear favorite. It was not supposed to be that way.…
Gray interference behind a blush-colored map
It was the blush color of Rodopi that stood out against the otherwise blue electoral map of the country after Sunday’s election, the indomitable “village” of the SYRIZA “Gauls,” as some so coyly described it.