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  1. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    loans dropped by 2 bps to 3.86 percent. The spread between existing loan and deposit rates fell

    7%

  2. PM wants no strings attached to EU funds as ND juggles with public finances
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    of 3.5 billion euros, with a direct fiscal impact of 2 billion, taking the total to date to 14-15

    7%

  3. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which

    7%

  4. Newsletter 258 -07/17/2020

    Newsletters

    as negative were addressed. Out of those already investing in Greece, the figure reached 83 percent. 2

    7%

  5. Athens waits for EU recovery fund outcome as new Mati fire claims emerge

    PoliticsGreek Politics

    at 31 billion euros, replenished by 5 billion euros of two new bond issues and 2 billion from

    7%

  6. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The latest OECD outlook for Greece, made public on Wednesday, has shown that Greece’s economy was growing at the steady pace of close to 2 percent in the three years before the coronavirus pandemic, which heralded a slowdown. The OECD noted that while Greece has been successful in containing

    7%

  7. R&D and innovation remain low in Greece, OECD finds
    Photo via http://www.oecd.org/

    EconomyFeatures

    scientists. Based on OECD research, Greece lost 2 percent of scientific authors in 2016 to outflows, which

    7%

  8. Greece on alert over Turkish maritime plans, senses EU backing
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    Athens is on alert after Turkey announce plans, via a NAVTEX advisory on Tuesday, for a seismic survey south and east of the Greek island of Kastellorizo between July 21 and August 2. However, diplomatic contacts are being made behind the scenes in a bid to defuse the situation. Germany

    7%

  9. Newsletter 259 -24/07/2020

    Newsletters

    and financial instruments totaling 1.58 billion euros, with approvals amounting to 743 million euros. 2

    7%

  10. Piraeus Bank posts pre-tax losses of 215 mln in H1
    Photo by MacroPolis

    EconomyBanking

    . In Q2, NII reached 367 million, higher by 2 percent YoY and quarter-on-quarter (QoQ). Asset quality NPEs

    7%