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Newsletter 252 -29/05/2020
such as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1, followed
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Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politicssuch as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingoperations, results came to a loss of 1 million euros versus a loss of 571 million euros in Q4... quarter-on-quarter (QoQ) to 137 million. Year-on-year (YoY) fell by 1 percent compared to Q1 2019
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingin Q4. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 15.4 percent in Q1, while the fully-loaded Basel III CET 1 ratio reached 13.7 percent at the end of the quarter. Pro-forma
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomycompared to YoY growth of 1 percent in Q4 2019. This marks the first YoY contraction recorded since Q2 2016... as rising by 1 percent. Final consumption represents the majority of GDP, making up around 90 percent
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Newsletter 253 -05/06/2020
23,000 individuals remain in self-isolation after entering the country in recent weeks, with around 1... to Q1 in 2019, GDP shrank by 0.9 percent compared to YoY growth of 1 percent in Q4 2019. This marks
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Reshuffle back on the cards as PM unveils plans for Greek industry
PoliticsGreek Politicsafter July 1, once the economy has fully reopened after the lockdown and “at a time of the PM’s... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise speculation
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Distrust in news sources remains high, regardless of popularity
Societymedia brands, there was a slight increase of 1 percentage point (pps) in the use of Instagram... and Facebook dropped by 1 pps to 57 percent. Overall, Facebook remains the most popular social media
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Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomyin Q1, staying below the 1 million mark for an eighth consecutive quarter. The figure for those... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long
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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek PoliticsGreek resort areas prepare to welcome the first tourists of the season, with regional airports due to reopen to international flights on July 1. Having missed out on a significant portion... until July 15, or a more conservative reopening to a limited number of countries on July 1. Such a move
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