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  1. NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
    Image via www.nbg.gr

    EconomyBanking

    in Q4 with a cost of risk of 242 bps. During 2020, loan impairments amounted to 1.07 billion. NBG’s

    8%

  2. July travel surplus of 2.14 bln affirms comeback for tourism sector

    EconomyMacroeconomy

    to 419.5 million, which took the overall travel balance to 2.96 billion, reflecting a rise of 242

    8%

  3. Central government reports 853-mln primary cash surplus in Feb as spending is contained YoY
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    came to a deficit of 242 million euros compared to a deficit of 65 million in February last year. Over

    8%

  4. Piraeus Bank posts 721 mln profit in 9M, NII up to 1.47 bln
    Photo by MacroPolis

    EconomyBanking

    at 242 percent. Net loans came to 35.82 billion euros. Eurosystem funding stayed at 5.5 billion

    8%

  5. Newsletter 120 - 26/05/2017

    Newsletters

    178 million short of the target, while direct taxes slightly beat the target by 22 million... above target. The year-to-date outperformance is due to higher than targeted direct taxes... proposal. Tsipras German Chancellor Angela Merkel and French President Emmanuel Macron

    8%

  6. Greece makes first contact with new Syrian leader as PM chases up missile issue in Paris
    Image: https://www.mfa.gr/

    PoliticsForeign Policy

    ignored the EU regulation 2019/452 which foresees that direct foreign investments undergoing control... and cooperation on the screening of foreign direct investments likely to affect security or public order... on Monday for the international conference on Artificial Intelligence, being hosted by President Emmanuel

    8%

  7. Mitsotakis heads on diplomatic tour of key capitals carrying vital questions
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsForeign Policy

    be addressed through a system that facilitates direct returns to third countries. Greek government... to hold direct peace talks in Turkey on May 13. The Greek Prime Minister will conclude his diplomatic..., Italy, and Berlin. Additionally, French President Emmanuel Macron has already informed Mitsotakis

    8%

  8. Mitsotakis projects readiness and EU-backed strength as Tsipras questions policy
    Image: Hellenic Navy

    PoliticsGreek Politics

    and purely defensive, and that Greece’s right to act is not subject to consultation - a direct response... critique of the government’s foreign policy. Greece may not be a direct participant in the Iran... was the decision by French President Emmanuel Macron and Greek Prime Minister Kyriakos Mitsotakis to travel

    8%

  9. A closer look at 2015 revenues reveals size of hit they took
    Photo via Flickr https://flic.kr/p/nphVW

    EconomyMacroeconomy

    is fully attributed to a drop in direct taxes by 706 million, while indirect taxes were kept almost stable. Direct taxes Direct taxes reached 19.76 billion euros in 2015 from 20.46 billion in 2014. Income tax, which is the key contributor to direct taxes, eased 114 million YoY to 12.09 billion

    7%

  10. EU's temporary framework for state aid in response to Covid-19 outbreak

    Legal

    Framework provides for five types of aid: Direct grants, selective tax advantages and advance payments, up... that such aid is considered as direct aid to the banks' customers, not to the banks themselves. Short-term... the 2020 Temporary Framework 1. Direct Grant or Tax Advantages Under the Temporary Framework, the Member

    7%