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Newsletter 255 -26/06/2020
includes Rhodes. Close to 4 out of every 5 euros generated in the region came from hospitality
4% -
Bill to regulate demonstrations stirs opposition reaction
PoliticsGreek Politics, with KINAL a distant third with 5 percent. Kyriakos Mitsotakis has the approval of almost half
4% -
Overall loan interest rate drops to 4.23 pct in May
EconomyMacroeconomya defined maturity, which includes credit cards, open account loans and overdrafts fell by 5 bps
4% -
Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek Politicsat 31 billion euros, replenished by 5 billion euros of two new bond issues and 2 billion from
4% -
Retail turnover drops by 5.3 pct in May, volume drops by 5.8 pct
EconomyMacroeconomyequipment and household equipment (+5 percent) and pharmaceutical products and cosmetics (+1.6 percent
4% -
Primary cash deficit at 8.10 bln in July
EconomyMacroeconomy. Net revenues came to 23.1 billion euros, below the aggregate target by close to 5 billion euros
4% -
High number of Covid-19 cases puts strain on government
PoliticsGreek Politicsto Parliament by October 5. Greece’s plan for using the EU Recovery Fund money has to be sent to Brussels
4% -
Grim picture in labour market obliges govt to provide more job support schemes
EconomyFeaturestourism revenues appear to be dashed, as the Bank of Greece's latest figures as of June showed that 5
4% -
Eurobank net results show profit of 176 mln in H1
EconomyBankingmoratoria programmes and new loan disbursements. In H1, moratoria for performing clients amounted to 5
4% -
Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingis valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had
4%