Unemployment rate jumps to 17 pct in May
General govt primary cash deficit at 5.48 bln in June as tax revenues fall
New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
PMI drops to 46.8 points in July amid Covid-19 uncertainty
Retail turnover drops by 5.3 pct in May, volume drops by 5.8 pct
Economic sentiment at 90.8 in July, consumer confidence slips
Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
Eurobank kicked off Greek banks’ reporting season for the first quarter (Q1) of the year by announcing a net loss of 94.4 million from 207 million in Q1 2014 and 523.7 million in Q4.
Note, though, that Q4 results were burdened by significantly higher loan loss provisions and other impairments.
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