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  1. Government readies up to 2 bln in assistance for shuttered firms and employees
    Photo via www.government.gov.gr

    Economy

    Finance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related support measures for the Greek economy, which will total roughly 2 billion euros. The measures... and processing tax refunds as soon as possible. Total state arrears stand at around 2 billion euros

    16%

  2. Primary cash balance deficit at 378 mln in February

    EconomyMacroeconomy

    to 7.03 billion euros against last year’s total of 7.41 billion. Expenditure for February rose... showed a rise of 1.04 billion euros, bringing the total to 9.01 billion euros. The Public

    16%

  3. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    -March. It found that cancellation losses for the total industry due to the coronavirus had so far come... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless

    16%

  4. Current account shows deficit of 1.29 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    payments rose to 206.5 million, up by 23.4 percent. Total exports in January came to 2.72 billion euros, from 2.40 billion last year, increasing by 13.1 percent YoY. At the same time, total imports

    16%

  5. Newsletter 245 -27/03/2020

    Newsletters

    as micro-businesses and self-employment in total employment,” according to Scope’s analysts... was negative by 788 million euros last year Total deposits, which also include the general government

    16%

  6. Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
    Photo by MacroPolis

    Economy

    their exposure to repos by March, taking advantage of the ECB’s TLTRO III announcement. Total interbank... million. Total GGB holdings were in excess of 10 billion euros, which the ECB now accepts for its

    16%

  7. Worst ever negative employment balance recorded in March as virus measures hit
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    epidemic. Total hirings came to 103,002 versus 144,905 departures. Around 53.2 percent of all departures... to 47.5 percent of the total, compared to 41 percent for part-time work and 11.5 percent for shift work

    16%

  8. PM offers vision of stronger post-pandemic Greece, as ND reaps approval in polls

    PoliticsGreek Politics

    Ministry spokesman Sotiris Tsiodras reported 31 new confirmed cases, bringing the total to 2,145, and one new fatality, increasing the total to 99. Mitsotakis sought to further bolster trust in his

    16%

  9. Banks look for way forward as economic shutdown takes its toll
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    securitisations under the code name Cairo, with a total value of 7.5 billion euros. The applications relate to the provision of guarantee by the Greek state on senior notes to the value of 1.6 billion in total

    16%

  10. Primary cash balance deficit at 326 mln in March
    Photo by MacroPolis

    EconomyMacroeconomy

    euros to 10.64 billion euros against last year’s total of 10.53 billion. Expenditure for March rose... three months showed a rise of 1.19 billion euros, bringing the total to 13.86 billion euros. The Public

    16%