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Contribution made by privatisations to GDP since 2010 underlined in new study
EconomyFeaturesfound that privatisations added 1 billion euros annually to Greece’s GDP over the period in question... be attributed to privatisations, suggesting that for each 1 euro of privatisations revenue an added 1.02
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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek Politicsbetween July 1 and 26. Of those, 171,138 were tested, yielding 344 positive results. Given... from August 1. The announcement left many observers perplexed given that the global cruise industry
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Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates
PoliticsGreek Politicscame to power last summer, before being properly activated on January 1 this year. However, the lack..., from 10 on August 1. According to the CORE model (Covid-19 Risk Evaluation), which is run
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Central government debt increases by 1.04 bln to 362.87 bln in Q2
EconomyMacroeconomyshowed that long-term (over 5 years) debt made up 76.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.6 and 11 percent of the total figure
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Eurobank net results show profit of 176 mln in H1
EconomyBankingthe same period from 86.5 percent in H1 2019. Capital The phased-in Common Equity Tier 1 (CET1) ratio came... 1 ratio reached 11.2 percent in H1 from 13.7 percent in the same period last year. Covid-19 support
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingPhoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had
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Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
EconomyMacroeconomy, staying below the 1 million mark for a ninth consecutive quarter. The figure for those unemployed... than 1 year) fell by 16,500 in Q2 compared to Q1 and came to 508.800. Out of the total, long-term
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesbenefits of around 1 billion euros. According to reports, the initial investment from Microsoft will be around 500 million euros, while the project's total footprint could reach 1 billion euros
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Newsletter 268 -09/10/2020
be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended... will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion euros
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomyto its longer-term view of the Greek economy of growth 1 pct. Unemployment is seen rising just short... to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year
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