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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingthe bank’s base scenario, the pandemic will be contained by the end of May, resulting in a V shaped... tourism, the sector’s high seasonality and strong multiplier impact contributes to around 12
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Despite satisfaction with Covid-19 numbers, govt not eyeing let-up in restrictions
PoliticsGreek Politicsthe weekend suggested that Mitsotakis might try to capitalise on his strong poll ratings in the autumn... period. Calling an early vote so soon after an extended lockdown may appear too opportunistic to a lot
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Newsletter 247 -10/04/2020
, the Greek government does not intend to loosen the measures before May 10 at the earliest, depending... significant short-term effects on the real estate market.” This trend will reverse a strong year in 2019
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeatures45-55 billion.” Greece’s position is relatively strong given the handling of the outbreak so far... in Greece’s favour is the fact that the Asian market is already recovering and may soon reopen
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Roadmap leading out of lockdown pondered by ND as SYRIZA takes aim at media
PoliticsGreek Politicslinear. Education authorities are hoping to reopen schools on May 11, but only for final year senior... of the strong public support for ND’s handling of the current crisis. This leaves SYRIZA marginalised
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PMI crashed to 29.5 points in April during sharpest ever decline
EconomyMacroeconomybegan in May 1999. New export orders fell sharply due to cancellations and postponements in key... and the strong sentiment expressed. “The knock-on effects of the substantial fall in client demand resulted
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Covid-19 fears start to wane as concerns about economic impact grow
PoliticsGreek PoliticsThe government continues to enjoy strong backing for its handling of the Covid-19 challenge, although concern about the economic impact of the crisis is growing as the public health concerns wane.... The latest figures suggest that ND may see some of extra support it picked up over the last weeks drift away
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicsrates to move early to reopen borders. The guidelines include strong recommendations for hygiene... in the third week of May.
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Newsletter 250 -11/05/2020
. The guidelines include strong recommendations for hygiene and physical distancing at airports and terminals... it should be moving faster and 10 percent slower. Where trouble may be brewing for New Democracy
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Newsletter 251 -22/05/2020
to dock in Greek marinas from May 25. Foreign arrivals will not be required to show a negative... for an economic contraction of close to 10 pct, with a strong rebound in 2021. On the fiscal front
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