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Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
EconomyBankingin Greece and contains NPEs of up to 12 billion euros in value. The bank’s management said that while
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Newsletter 256 -03/07/2020
12 months. Centre-left Movement for Change (KINAL) had similar ratings. The policy areas in which
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Overdue social security contributions rise to 36.32 bln in Q1
EconomyMacroeconomymillion euros, which stand at 1,977 (+35 individuals QoQ) which represent 12 percent of the total
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Rise in "imported" Covid-19 cases a source of jitters for tourism industry
PoliticsGreek Politics. Since airports started to re-open to international flights in the week of June 12, 37,853 tests were
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CPI falls by 1.6 pct YoY in June
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year (YoY) in June compared to a decline of 1.1 percent seen in May, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The average CPI for the rolling 12 months fell by 0.3 percent. Month-on-month, the CPI for June
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Building permits fall by 22.4 pct in April
EconomyMacroeconomy). The smallest number of absolute permits was issued in western Macedonia with 12 permits. During
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Increase in Covid-19 cases prompts tighter measures amid opposition criticism
PoliticsGreek Politicsreading, with regional airports recording a 75 to 84 percent decline in traffic in the first 12 days
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Most businesses think two years needed to overcome Covid-19, expect more govt assistance
EconomyFeatures) and not at all (17.9 percent). A minority indicated that they were very satisfied (12 percent
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EU deal appears promising for Greece, but success rides on efficient use of funds
PoliticsGreek Politicswill be released by the end of 2023. The government will also be able to tap around 12 billion euros
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OECD advocates closer look at health and capital quality of Greek banks
EconomyBankingwill bring in reducing NPEs by 30 billion euros, 40 pct of the total, by using 12 billion euros
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