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Newsletter 255 -26/06/2020
on Wednesday that he expects GDP to contract by 16 percent in the second quarter of the year. Although... in this second round, following 600 million euros that was transferred back to businesses in May. Speaking
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
Economy. The greatest one is posed by a second wave of the pandemic, which could lead to the adverse scenario... companies, prepare the public health system to deal with a second wave of the virus and ensure especially
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Central government debt increases by 1.04 bln to 362.87 bln in Q2
EconomyMacroeconomyGreece’s central government debt increased by 1.04 billion euros to 362.87 billion euros quarter-on-quarter (QoQ) in the second quarter (Q2) of 2020, from 361.83 billion euros in the previous quarter... to the second (EFSF) programme, and the remaining 61.9 billion to the third bailout programme, which
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Data shows export market shake-up amid pandemic
EconomyFeaturesis currently grappling with its second coronavirus wave, though strict lockdowns such as those brought... remain Germany in first place and Italy in second. Spain also rose through the ranks during
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H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesit. Particularly, sales of aviation fuels were affected the most, due to the lockdown in the second... in the second quarter of 2019. The Ellaktor Group of Companies’ financial results for the first half (H1
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Newsletter 263 -11/09/2020
. Property e-auctions resume after hiatus Banks weather second quarter with focus on reducing NPLs Property.... Banks concluded the second quarter of year with relatively strong performance. Piraeus Bank
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyinitially thought. PBO notes that the economic deterioration in the second quarter was led by a drop.... It adds that economic activity is expected to pick up from the second quarter, however, the pandemic
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Overdue social security contributions rise to 37 bln in Q2
EconomyMacroeconomyThe stock of unpaid social security contributions (SSCs) increased to 37 billion in the second quarter (Q2) of 2020, rising by 687 million compared to the figure of 36.32 billion euros registered... to KEAO. KEAO noted that within the second quarter of the year, 5,078 debtors from the IKA/ETAM
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Newsletter 266 -18/09/2020
legislation that introduces the second chance principle of the EU directive. The institutions note... percent year-on-year (YoY) in the second quarter (Q2) of 2020 from a revised increase of 6.6 percent in Q1
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IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
EconomyProgrammeThe International Monetary Fund (IMF) concluded on Friday its second post-programme monitoring mission, which took place remotely, by publishing the staff concluding statement. This will be followed... year - until EU funds are released in the second half of 2021. It also urges the authorities
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