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  1. Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyBanking

    through securitisations using 12 billion euros of state guarantees. Most Greek banks have finalised... of the year will exceed 1 billion euros. The BoG notes that despite the record tourism seasons

    6%
  2. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    losses of revenue between 1 and 12 billion euros, equally split between large corporations and SMEs

    6%
  3. Coronavirus outbreaks highlight limited progress in disbanding hotspots for migrants
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    package consists of 14 billion euros of fiscal measures and 12 billion euros of state-backed loans to businesses. Among the measures put forward are 1 billion euros to allow the national health

    6%
  4. CPI drops by 1.4 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    for the rolling 12 months remained static at 0 percent. Month-on-month, the CPI for April showed... beverages (+1 percent) and education (+0.5 percent). Overall, the three highest annual increases

    6%
  5. ND hopes economy will pick up as second stage of lockdown easing begins
    Photo by MacroPolis

    PoliticsGreek Politics

    the ESM is ready to grant loans from June 1, the chances of Greece tapping the credit line at this stage... an economic package that consisted of 14 bln euros in liquidity and another 12 bln in state guarantees.

    6%
  6. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    ) of up to 12 billion euros in value. The bank’s management said that while proceedings had been... from 98 percent at the end of December 2019. At the end of March 2020, the Common Equity Tier 1

    6%
  7. Wages index up by 0.8 pct in Q1 2020

    EconomyMacroeconomy

    of 1 percent. The index in Q1 came to 106.8 compared to 107 in Q4. As of the current quarter, the index has been above the 100-point mark since Q1 of 2017, equal to 12 consecutive quarters. It has also

    6%
  8. Overdue social security contributions rise to 36.32 bln in Q1

    EconomyMacroeconomy

    of 4.15 billion euros which is 11.4 percent of the total. This is followed by those owing over 1 million euros, which stand at 1,977 (+35 individuals QoQ) which represent 12 percent of the total

    6%
  9. Athens hoping for de-escalation in Aegean as it seeks pension backpay solution

    PoliticsGreek Politics

    dangerous. Germany hosted a secret meeting between Greek and Turkish officials on July 12, before... it will be about 1 billion euros lower.

    6%
  10. Govt, experts sound alarm over risk of Covid-19 control being lost

    PoliticsGreek Politics

    cases on Tuesday, of which only 12 were registered at entry points into the country, while the rest... of hand” if measures are not adhered to. Tsiodras noted that the infection rate R has increased to 1

    6%