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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingand additional support for businesses that are otherwise viable but were compromised due to the virus. Of the total, around 18 billion euros will be used to support businesses and 7 billion
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyspending, thanks to various support initiatives that the Commission estimates at 6.9 pct of GDP... by the uncertainty and the loss of turnover, although some of the support provided by the authorities and the EU
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomyto February and came to 11.90 billion in March. Bank support was unchanged month-on-month at 320 million. Gg... support guarantees at 320 million as mentioned, the remaining total was split between non-gg (5.94
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Athens welcomes volume, form of Commission's pandemic recovery plan
Economy670 billion euros will be allocated to support to Member States with investments and reforms... the EU, which includes 100 billion euros from the SURE programme for employment support
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingbillion in loan balances. It has also participated in all government Covid 19 support schemes, including... are important comparative advantages, especially so in this crisis. The Q1 results support this assertion,” he
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Newsletter 253 -05/06/2020
to Athens and Thessaloniki. Despite this latest step and government pledges to support hoteliers and other... complaints within the industry about vague health protocols and unanswered questions about support
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ECB boost for Greek debt as authorities ponder new market foray
Economythat the authorities had to tap into to finance the series of support measures required to cushion the impact... of European support, the recovery and resilience fund proposed by European Commission president
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomycompared to March and came to 11.99 billion in April. Bank support was unchanged month-on-month at 320... million. With bank support guarantees at 320 million as mentioned, the remaining total was split between
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Tsipras struggles to revive and repackage SYRIZA
PoliticsGreek Politicsweek, support for the ruling centre-right party stands at 42.5 pct against 23 pct for SYRIZA... frontloaded fiscal measures to support jobs and employees but did not really register with the public
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Greece issues new 10 yr bond as investor appetite returns
Economyand cover funding needs to support the economy after the pandemic crisis which has led to an overall support package of 24 billion euros (14 pct of GDP), including loan guarantees from Greek and EU
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