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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economy. Reforms to address the remaining structural problems in the economy and a marked reduction
3% -
Economic diversification vital to Greece's post-coronavirus future
Agora, raise capital, sell debt, or have secondary listings on the ATHEX, and therefore remaining Greek
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April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
EconomyMacroeconomydepartures. Around 55.9 percent of all departures were layoffs with the remaining classed as voluntary
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomysupport guarantees at 320 million as mentioned, the remaining total was split between non-gg (5.94
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Car sales drop by 80.6 pct in April
EconomyMacroeconomyperiod, totalling 43,037. The remaining sales in the first four months were made up of lorries (7,756
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Central government debt increases by 5.81 bln to 361.83 bln in Q1
EconomyMacroeconomy130.9 billion relate to the second (EFSF) programme, and the remaining 61.9 billion to the third
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBanking1.75 billion euros, of which 77 percent are considered fully serviced. The remaining 370 million
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PMI rises to 41.1 points in May but manufacturer pessimism persists
EconomyMacroeconomymarkets, as markets remaining in lockdown posed a challenge. Staffing levels remained low as firms used
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingloans stood at 260bps, of which 192bps related to underlying cost of risk and the remaining 68bps
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Newsletter 253 -05/06/2020
and demand. This manifested from both the domestic and export markets, as markets remaining
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