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  1. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    substantially from profits of 65 million euros in 2018. Core pre-provision income (PPI) fell by 9

    7%

  2. General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    million). Drops were seen in tax refunds (-35 million), SSFs (-9 million) and state budget (-5 million

    7%

  3. Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch

    Economy

    of the economy back to normality. — Christos Staikouras (@cstaikouras) April 9, 2020 Greek perspective The Greek

    7%

  4. IMF expects difficult year for public finances, PBO highlights impact on labour force
    Photo by MacroPolis

    EconomyMacroeconomy

    The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook that was published on Tuesday. The Fund sees Greece running a fiscal deficit of 9 pct of GDP this year, followed

    7%

  5. Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
    Photo by MacroPolis

    PoliticsGreek Politics

    with the country’s media after it was announced that another 9 million euros would be spent on the public

    7%

  6. Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
    Photo by MacroPolis

    PoliticsGreek Politics

    , and brought in just under 9 percent of revenues. By contrast, the government in Greece’s largest market

    7%

  7. Overall loan interest drops to series low of 4.06 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    on loans to sole proprietors rose by 9 bps to 6.82 percent. Corporate loans with a defined maturity

    7%

  8. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    . Private consumption is forecast to drop by 9 pct in 2020 and recover by 7.9 pct in 2021. Government

    7%

  9. Industrial turnover drops by 9.3 pct in March
    Image via www.titan.gr

    EconomyMacroeconomy

    in manufacturing of 9 percent, while mining and quarrying turnover dropped by 2.8 percent. In the non

    7%

  10. Govt lays out recovery plan to October, launches tourism roadmap
    Photo by MacroPolis

    PoliticsGreek Politics

    degrees, and a third were undecided. More than 9 in 10 respondents were in favour of strict health

    7%