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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsconnections. According to the plan, year-round hotels and campsites will open on June 1, followed... flights from countries with “good epidemiological criteria”, followed by regional airports on July 1
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Newsletter 251 -22/05/2020
to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels... with “good epidemiological criteria”, followed by regional airports on July 1. Yachts will be able
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingin the first half of 2019 stood at around 8 billion euros and catering came to around 1 billion euros... to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels
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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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