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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsbrings a new model of value-added development to the area, pointing to the heavy investment
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomyin the value of oil exports and imports on the back of plumetting international oil prices. On an aggregate
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OECD advocates closer look at health and capital quality of Greek banks
EconomyBankingto a special purpose vehicle, with DTC claims covering the difference between book value and market
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Tourism numbers continue to worsen as worries grow over second Covid-19 wave
EconomyFeaturesand entertainment at -38.9 percent. According to the bulletin, the gross value added from accommodation
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Newsletter 260 -31/07/2020
percent. According to the bulletin, the gross value added from accommodation, food and transport
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingis continuing with preparations for the securitisation of the Phoenix and Vega portfolios with a combined value
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Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
EconomyMacroeconomy. Equally, comparisons to last year’s performance have limited value as the budget is now operating
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Central government debt increases by 1.04 bln to 362.87 bln in Q2
EconomyMacroeconomythe majority of total loans, accounting for 68.6 percent. The value of FSM loans came to 248.83
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Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
EconomyMacroeconomyfrom a decline in the value of oil exports and imports on the back of dropping international oil
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingstood at 14.6 percent compared to 14 percent in Q1. The bank’s Tangible Book Value at the end of June
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