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Mitsotakis pleads for strong mandate as polls suggest ND heading for landslide win
PoliticsGreek Politics, they are followed by Movement for Change (KINAL) with 7 percent, the Communist Party (KKE) on 5 percent... as the minimum that New Democracy will get on July 7. The maximum is 45 percent. SYRIZA’s support is seen
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Tourism responsible for up to 30.9 pct of GDP in 2018, study suggests
Featuresin 2019, the INSETE noted that tourist arrivals could drop by up to 7 percent in 2019. In a publication... which accounted for 79 percent of tourism revenue in 2018, a drop of 7 percent in international
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SYRIZA targets broader appeal as ND focuses on next bills
PoliticsGreek PoliticsMitsotakis last month, is due to made available next Monday, October 7. Three other items... Kyriakos Mitsotakis last month, is due to made available next Monday, October 7. Three other items
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Authorities aim to collect up to 11 bln after strong uptake in overdue tax scheme
EconomyThe scheme to allow taxpayers to settle their debts in 120 instalments attracted over 1.2 million applications, the government said. The scheme closed on October 7 and is expected to add extra... professionals who applied for debt settlement before the October 7 deadline but as yet have not had
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NBG reports net profits of 171 mln in Q3, NPE’s fall on loan sales
EconomyBanking) fell by 3 percent QoQ to 300 million. In the 9M period, NII rose by 7 percent, which... expenses fell by 7 percent YoY to stand at 621 million euros, and dropped by 4 percent QoQ to 213
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingat a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion have already been spent. Liquidity to businesses will be provided through a range of schemes, including 7 billion
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomymillion each) and SSFs (+7 million). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary funds (-4 million). Since the start of the year, total arrears
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Greece grapples with second Covid-19 wave as cases soar
Society. Eighteen patients were in ICU, and the seven-day moving average showed 7 cases. Primary schools.... The seven-day moving average had crept from 7 cases 20 days earlier to 18 cases. Attica remained
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School re-opening decisions postponed amid opposition criticism
PoliticsGreek Politicsfor schools reopening, which had provisionally been set for September 7. In her announcement... on September 1, while the start of the school year is still scheduled for September 7, however
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyare reflected on the budget. The Commission sees a headline deficit of 7 pct of GDP, with the measures..., the primary balance could be forced to exceed 7 pct of GDP, and a double-digit general deficit.
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