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Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
EconomyMacroeconomy. State budget total revenues stood at 15.44 billion euros, lower than the target by 1.24 billion or 7.4... months of the year, total expenditure came to 18.17 billion, overshooting the target by 1.06 billion
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Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
EconomyMacroeconomyyear’s total of 14.63 billion. Expenditure for April rose by 380 million euros year-on-year to come..., bringing the total to 18.14 billion euros. The Public Investment Budget (PIB) balance came
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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingthe country. A total of roughly 71 billion euros worth of bad loans sit on the balance sheets... anticipates around the second half of 2020, in order to take the necessary decisions. Piraeus has a total of 7
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PM set to unveil support package, as ND cements poll lead
PoliticsGreek Politics. The economic support package, which has been widely trailed in the media, is said to total up to 24... sources put the total value of the interventions at 13 percent of 2019 GDP, to be delivered between now
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsis costed at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion...-payment refunds to businesses worth a total 2 billion euros, tax breaks for landlords. Liquidity
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomydeclined by 64.5 percent to 4,000. In total, arrivals from the EU 27 countries fell by 32.5 percent... percent to 421,400. Arrivals from outside the EU showed a decrease of 7.9 percent to 926,900. In total
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek PoliticsDemocracy’s claim that the total package of measures it will implement to mitigate the economic impact... totalling 8 bln euros, which means this amount cannot be included in the total. He added that another
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... applications since May 20, taking the total for both rounds to more than 7 billion euros so far. Also
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Newsletter 252 -29/05/2020
total revenues stood at 15.43 billion euros, lower than the target by 1.25 billion or 7.5 percent. During the first four months of the year, total expenditure came to 18.17 billion, overshooting
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BoG governor renews calls for launch of bad bank and ESM use
EconomyBankingsecuritisations under the code name Cairo I and II, with a total value of 7.5 billion euros. The applications... in total. Last week, Eurobank submitted the final arm of its securitisation, Cairo III
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