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  1. Newsletter 250 -11/05/2020

    Newsletters

    percent. Primary cash surplus at 774 mln in March Study suggests 1 in 3 employees could work remotely... make up just 1 percent. On the other hand, industrial plant, machinery and equipment operators have

    7%

  2. Central government debt increases by 5.81 bln to 361.83 bln in Q1
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) debt made up 75.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years

    7%

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

    PoliticsGreek Politics

    connections. According to the plan, year-round hotels and campsites will open on June 1, followed... flights from countries with “good epidemiological criteria”, followed by regional airports on July 1

    7%

  4. Newsletter 251 -22/05/2020

    Newsletters

    to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels... with “good epidemiological criteria”, followed by regional airports on July 1. Yachts will be able

    7%

  5. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    in the first half of 2019 stood at around 8 billion euros and catering came to around 1 billion euros... to the plan, year-round hotels and campsites will open on June 1, followed by summer season hotels

    7%

  6. Newsletter 252 -29/05/2020

    Newsletters

    such as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1, followed

    7%

  7. Govt pushes tourism message, digests EU stimulus proposal
    Photo by MacroPolis

    PoliticsGreek Politics

    such as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1

    7%

  8. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    operations, results came to a loss of 1 million euros versus a loss of 571 million euros in Q4... quarter-on-quarter (QoQ) to 137 million. Year-on-year (YoY) fell by 1 percent compared to Q1 2019

    7%

  9. Eurobank net profits at 56.8 mln in Q1
    Image via www.eurobank.gr

    EconomyBanking

    in Q4. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 15.4 percent in Q1, while the fully-loaded Basel III CET 1 ratio reached 13.7 percent at the end of the quarter. Pro-forma

    7%

  10. GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY

    EconomyMacroeconomy

    compared to YoY growth of 1 percent in Q4 2019. This marks the first YoY contraction recorded since Q2 2016... as rising by 1 percent. Final consumption represents the majority of GDP, making up around 90 percent

    7%