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Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
EconomyMacroeconomyby 9 million euros. Broken down by category, VAT was below its target by 95 million euros, or 5.9... billion euros, below their target by 80 million. That shortfall was broken down into a 42 million-euro
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Starkly different solutions presented as govt nears lockdown decision point
PoliticsGreek Politicsothers are calling for a 10-day hard lockdown to force cases down. Either way, policy makers appear... Democracy a negative score for its handling, and 59 pct also marked SYRIZA down. Despite the public’s
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New development law chips away at Greece's Natura 2000 regime
Societydown the path of overdevelopment. In their joint response to the legislation, Greece’s biggest... the country’s post-Covid recovery appears to have once again pushed the environment further down
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Current account shows deficit of 436 mln in January
EconomyMacroeconomyto a surplus of 277.1 million, down by 30.9 percent YoY. The travel balance showed a surplus of 2.4... according to these figures. Travel payments came to 23.1 million, down 87.4 percent. Total imports
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Newsletter 290 - 26/03/2021
was allocated in 2020 and 10 billion euros in 2021. For 2021, this is broken down into 1.75 billion euros... million, down by 30.9 percent YoY. The travel balance showed a surplus of 2.4 million, dropping by 97.6
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingof domestic NPEs down to 4.3 billion euros following the Frontier securitization. For the full year... quarter, reflecting seasonality. In 2020, operating expenses stood at 768 million euros, down
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Has external competitiveness been fixed in Greece?
Agora. A REER that goes down indicates progress in restoring price competitiveness. What do we see for Greece... deficit is down to a moderate number. But look at what cost this achievement came to domestic equilibrium
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EU Commissioner's visit to islands highlights divisions over management of migrant centres
PoliticsGreek Politicsto official government figures, around 14,000 migrants are housed in facilities on the islands, down from 42,000 in January 2020, a reduction which the Greek government puts down to its success
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agorafurther down the pipeline. For Greece, needing to deliver the vaccine to inaccessible locations like... and warmer weather will bring infections down to manageable levels and make it safe to welcome visitors
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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingat the end of 2020, down by about 21 billion euros from 2019. Moreover, by the time the government’s... their NPE ratios down to single-digits by the end of 2022. On the whole, the banks’ performance has been
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