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Overdue social security contributions edge down to 35.38 bln in Q4
EconomyMacroeconomy-on-quarter (QoQ) to stand at 2 million. However, as noted by KEAO, these largely represent debtors... settlements related to law 4321/2015 which allowed for repayments in 100 installments. Settlements have
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Govt ratchets up coronavirus measures, while planning further support for economy
PoliticsGreek Politicsto 200,000 employees could be impacted by the closures, and has set aside 100 million euros in benefits... of the coronavirus. Early government estimates put the total cost of the measures planned by Greece at 2 billion
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Newsletter 247 -10/04/2020
at Malakasa 100 staff and residents have been tested. The government unveiled a strategy – dubbed... to the platform that opened last week. 2 Unemployment at 16.4 pct in Jan Headline figure remains unchanged from
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Banks look for way forward as economic shutdown takes its toll
EconomyBankinginitiatives, including for banks to operate below the 100 percent limit of the liquidity coverage ratio... reported a cash buffer of 2 billion euros and Piraeus Bank reported a buffer of 2.3 billion euros. All
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Newsletter 248 -24/04/2020
to 64.3 percent. Greece also scored 68 out of 100 in the DESI index which measures the provision... to change in the months ahead. 2 Current account shows deficit of 1.14 bln Deficit in February has
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek Politicscountries having higher replacement rates, even up to 100 pct. Centre-left Movement for Change... 3.2 bln euros are guarantees and suspension of payments, while 2 bln euros will come from
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Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek Politicsat 31 billion euros, replenished by 5 billion euros of two new bond issues and 2 billion from... more than 100 lives. An investigative report published in Sunday’s Kathimerini has revived
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBanking. In Q2, NII reached 367 million, higher by 2 percent YoY and quarter-on-quarter (QoQ). Asset quality NPEs... market was reduced to roughly 100 million at 30 June 2020. The bank increased its Liquidity Coverage
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Govt, experts sound alarm over risk of Covid-19 control being lost
PoliticsGreek Politicsnumber of infections. Around 24 percent of positive tests between July 31 and August 2 were from... behind the resurgence in infections. A limit of 100 guests for social events has been extended
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatures. It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment... Investor Association, around 120 Chinese families who have purchased properties, and at least 100
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