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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingin the hotel industry. Two hundred million will be dedicated to the two-year freezing of capital installments
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Gloomy preliminary results for Aegean as state support talk gathers pace
EconomyFeaturescapital credit lines in Q2 with Greek banks, totalling 120 million. It is estimated that due
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ECB boost for Greek debt as authorities ponder new market foray
Economy. The average maturity of the ECB’s Greek purchases is just short of eight years. Based on Greece’s capital
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyin 2021. Gross fixed capital formation is expected to fall by 14.3 percent in the first scenario
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Newsletter 253 -12/06/2020
scenario, before recovering in 2021. Gross fixed capital formation is expected to fall by 14.3 percent
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ESM report highlights programme weaknesses, outlines improvements for future bailouts
EconomyProgrammeposition of some banks is weak, with a high portion of deferred tax credits in their capital
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politics. Earlier in the week, financial news website Capital also reported that the institutions have raised
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Release of refugees creates new difficulties for minister
PoliticsGreek Politicscapital. It should be noted that the government did advise people to use their cars when
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Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
EconomyMacroeconomymillion versus a deficit of 134.5 million a year ago. The capital account posted a surplus of 134.9
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Bill to regulate demonstrations stirs opposition reaction
PoliticsGreek Politicsare a frequent feature of life in the Greek capital. Figures compiled by the Athens Chamber
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