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Newsletter 248 -24/04/2020
percent YoY. Travel payments also increased by 1 percent and came to 166.7 million. Foreign arrivals... percent YoY. Average expenditure per trip rose by 1 percent to 370.9 euros in the aggregate period, versus
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politics1 trillion euros, while others would prefer it not to be so extensive. According to Greek... is ready by June 1, even more significant for Athens. Primary residences Another important
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Central government debt increases by 5.81 bln to 361.83 bln in Q1
EconomyMacroeconomy) debt made up 75.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsconnections. According to the plan, year-round hotels and campsites will open on June 1, followed... flights from countries with “good epidemiological criteria”, followed by regional airports on July 1
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Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politicssuch as Thessaloniki, will resume on July 1. Year-round hotels and campsites are due to open on June 1
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingoperations, results came to a loss of 1 million euros versus a loss of 571 million euros in Q4... quarter-on-quarter (QoQ) to 137 million. Year-on-year (YoY) fell by 1 percent compared to Q1 2019
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingin Q4. Capital The phased-in Common Equity Tier 1 (CET1) ratio came to 15.4 percent in Q1, while the fully-loaded Basel III CET 1 ratio reached 13.7 percent at the end of the quarter. Pro-forma
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomycompared to YoY growth of 1 percent in Q4 2019. This marks the first YoY contraction recorded since Q2 2016... as rising by 1 percent. Final consumption represents the majority of GDP, making up around 90 percent
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Newsletter 253 -05/06/2020
23,000 individuals remain in self-isolation after entering the country in recent weeks, with around 1... to Q1 in 2019, GDP shrank by 0.9 percent compared to YoY growth of 1 percent in Q4 2019. This marks
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Reshuffle back on the cards as PM unveils plans for Greek industry
PoliticsGreek Politicsafter July 1, once the economy has fully reopened after the lockdown and “at a time of the PM’s... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise speculation
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