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Covid-19 puts pressure on health system, forces govt into more restrictions
PoliticsGreek Politicsare running out. He said that a total of around 200 people can be cared for in intensive care... by the beginning of September, and has now shot up to 67. It is worth noting that Attica has a total of 72 ICU... and its environs, which accounted for 197 of the 310 Covid-19 cases registered on Tuesday. Until
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PM pledges handouts amid discontent and gripes over coronavirus strategy
PoliticsGreek Politicsfinancial website that the total available for the end of year gift is likely to be less than 100... deaths related to Covid-19 on Thursday, taking the total to 959. The number of intubated patients reached 310. Mitsotakis’s chief of staff, Akis Sketsos, indicated that the government will monitor
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Drop in corporate loan rates led the average loan rate at a new historic low
EconomyMacroeconomyrate of 0.8 percent. Following Greece, the other countries with high deposit rates are: Cyprus (1.66... in the corporate overnight rate. On the corporate lending front, interest rates fell by 15 - 50 bps with the most... loan rates remain 200-300 bps higher than the respective average eurozone figures. In the household
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Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
EconomyMacroeconomyInterest rates on loans in Greece continued their upward trend that started in the summer... of rates on deposits barely moved since the summer, at 0.1 percent in December, from 0.03 percent... percent in December and rates for corporations were 0.15 percent. The ECB yesterday upped all its
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Athens concerned but silent as Trump administration criticises Europe, lines up Ukraine talks
PoliticsForeign Policyvalues and its meddling in domestic political affairs. Elon Musk has also angered European politicians... in Greece, Greek Solution and Voice of Reason, are embracing the new US administration as well as Elon Musk
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Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall
Economyto beat targets by 310 million, yet at a slower pace compared to the previous months. The year... shows that total expenditure dropped 8.4 percent to 15.88 billion, 977 million better than the target
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C/A deficit to April narrows by 34.7 pct boosted by services
EconomyMacroeconomy. The year to date net flow widened accordingly to 5.6 billion from 310 million at the end of the first... related to Greek banks’ capital increases with Alpha, Eurobank and Piraeus raising a total of 5.8
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Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek Politicsstatement, the opposition party noted that 310 mln dollars from the settlement, the overwhelming majority of the total amount paid out by the drugs firm, related to its activities in Greece. SYRIZA
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Newsletter 231 -06/12/2019
reaching an agreement with Libya last week to delineate maritime borders in the Mediterranean. Athens has labelled the deal “illegal,” arguing that Libya’s prime minister does not have the legal... the Bank of Greece (BoG) showed. The spread between loan and deposit rates contracted to 4.12
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Uptick in time deposit rates, mixed trends in corporate loans
EconomyMacroeconomyon deposit rates. Note that the four core banks control around 98 percent of market deposits since... 15 banks in the Greek banking market, with the smaller ones hiking deposit rates to attract deposits... rates remain 300-400 bps higher than euro area average figures. In the household segment, the most
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