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  1. CPI drops by 1.4 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    (+5 percent). The three largest declines were seen in natural gas (-28.6 percent), heating oil (-25.1

    4%

  2. Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    . This is split between two portfolios, Vega valued at 5 billion, and Phoenix valued at 2 billion

    4%

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

    EconomyBanking

    of 100 bps. Eurosystem funding rose to 5 billion euros at the time of reporting from 3.4 billion

    4%

  4. Retail sales down by 1.5 pct in March for first fall in seven months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    and supermarkets with 20. 5 percent. The latest business indicators for May, published by the European Commission

    4%

  5. Eurobank net profits at 56.8 mln in Q1
    Image via www.eurobank.gr

    EconomyBanking

    -performing exposure (NPE) formation was negative by 5 million in Q1. NPE stock edged up by roughly 30

    4%

  6. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    than the baseline by only 5 percent. Visits to workplaces were 19 percent lower than the baseline

    4%

  7. Apartment prices rise by 6.9 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2019, against an increase of 2 in 2018. Apartments over 5 years old saw prices increase by 7 in 2019

    4%

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

    EconomyMacroeconomy

    billion euros (+5 percent YoY) to stand at 25.56 billion euros. The main driver was a rise of 885

    4%

  9. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    like the southern Aegean, which includes Rhodes. Close to 4 out of every 5 euros generated

    4%

  10. Newsletter 255 -26/06/2020

    Newsletters

    includes Rhodes. Close to 4 out of every 5 euros generated in the region came from hospitality

    4%