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  1. As plan to ease lockdown progresses, politics turns to non-coronavirus issues
    Photo by MacroPolis

    PoliticsGreek Politics

    support and security. This is one of the areas that SYRIZA, which has already accused Mitsotakis of not being bold enough in the emergency economic support measures he has announced, is likely to try

    4%
  2. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    of fiscal support and deferrals in the volume of 15 billion, or 7.5 pct of GDP according to S&P estimates... will further support the sovereign’s debt with affordable rates. Progress on NPE reduction

    4%
  3. Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
    Photo by MacroPolis

    EconomyBanking

    and additional support for businesses that are otherwise viable but were compromised due to the virus. Of the total, around 18 billion euros will be used to support businesses and 7 billion

    4%
  4. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    spending, thanks to various support initiatives that the Commission estimates at 6.9 pct of GDP... by the uncertainty and the loss of turnover, although some of the support provided by the authorities and the EU

    4%
  5. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to February and came to 11.90 billion in March. Bank support was unchanged month-on-month at 320 million. Gg... support guarantees at 320 million as mentioned, the remaining total was split between non-gg (5.94

    4%
  6. Athens welcomes volume, form of Commission's pandemic recovery plan

    Economy

    670 billion euros will be allocated to support to Member States with investments and reforms... the EU, which includes 100 billion euros from the SURE programme for employment support

    4%
  7. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    billion in loan balances. It has also participated in all government Covid 19 support schemes, including... are important comparative advantages, especially so in this crisis. The Q1 results support this assertion,” he

    4%
  8. Newsletter 253 -05/06/2020

    Newsletters

    to Athens and Thessaloniki. Despite this latest step and government pledges to support hoteliers and other... complaints within the industry about vague health protocols and unanswered questions about support

    4%
  9. ECB boost for Greek debt as authorities ponder new market foray
    Photo by MacroPolis

    Economy

    that the authorities had to tap into to finance the series of support measures required to cushion the impact... of European support, the recovery and resilience fund proposed by European Commission president

    4%
  10. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    compared to March and came to 11.99 billion in April. Bank support was unchanged month-on-month at 320... million. With bank support guarantees at 320 million as mentioned, the remaining total was split between

    4%