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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politicsbusinesses’ tax advances, for an amount totalling 1.2 billion euros, and measures to support employment via
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingoperating corporates, SME and SBLs totalling 900 million euros, had been finalised. Alpha Bank’s NPE
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Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
EconomyMacroeconomyof 38.5 percent. Passenger car sales fell by 31.7 percent in the aggregate period, totalling 93,670
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politics(with the fourth round in November totalling 600 mln euros); and keeping the reduced VAT rate
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesthat short-term lettings generated income totalling 1.15 billion euros for individual property owners
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Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
EconomyMacroeconomyin the aggregate period, totalling 106,159. The remaining sales in the first nine months were made up
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingwith properties as collateral, totalling 200,000 loans from around 90,000 borrowers. The senior tranche
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingwill be further enhanced by additional capital actions already underway, totalling roughly 1 billion euros
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NBG results show net profits of 602 mln euros in 9M
EconomyBankingcorporates, SME and SBLs totalling 900 million euros, had been finalised. Management said
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Car sales drops by 12.5 pct in November, declining by nearly 25 pct in aggregate
EconomyMacroeconomy, totalling 128,325. The remaining sales in the first eleven months were made up of motorcycles (36,233
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