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Newsletter 258 -07/17/2020
. It is estimated that the total bill for backpay could reach almost 4 billion euros, which
12% -
PM in search of recovery fund boost as parties clash over latest Novartis episode
PoliticsGreek Politicsline of around 4 billion euros, even though it comes at almost a negative interest rate and with few
12% -
Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomydeclined by 97.7 percent. Travel payments came to 4 million, also down 98.2 percent. These sharp declines
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Travel balance falls by 99.3 pct in May
EconomyMacroeconomyby 98.2 percent and came to 4 million. Foreign arrivals dropped by 97.7 percent during the month
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Authorities set to announce new measures as domestic Covid-19 cases rise
PoliticsGreek Politicsinfections. On Monday, 35 new Covid-19 cases were confirmed across the country, of which just 4 were
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Tourism numbers continue to worsen as worries grow over second Covid-19 wave
EconomyFeatures4 were recorded at entry points. Attica, the administrative district centred on Athens, accounted
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New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
EconomyMacroeconomybelow 4 million for a third month running. The total for legacy tax arrears (i.e. those created
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankinggranted to performing customers stand at 4 billion, and that new demand for moratoria is gradually
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomybudget (-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
Societystarting from May 4, when citizens no longer needed to declare their reason for leaving home. Further
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