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  1. Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
    Photo via www.government.gov.gr

    Economy

    Only two days after announcing economic measures of up to 2 billion euros to support businesses... months. Until now, the let-up in loan payments was only available to businesses that were considered... a drop in their turnover due to the impact of Covid-19 will also be able to stop paying their tax

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  2. Covid-19 effects spread across number of sectors
    Photo by MacroPolis

    EconomyFeatures

    that the tourism industry globally finds itself in unchartered waters. He estimated that it would take up... to a sharp drop. The indicator came to 42.5 points from 56.2 points in February. On an annual basis... now seems to be coming to a sharp stop as individuals and businesses struggle to keep up with loan

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  3. Medics highlight weaknesses in frontline care as parties debate emergency measures
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The government has announced it will step up checks on highways and at ports and airports ahead... staff, with leader Alexis Tsipras calling the appointment of 200 new doctors “a drop in the ocean... media in recent days. Parliament The government’s Covid-19 emergency legislation comes up

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  4. Economic relief eyed as Greece launches fourth round of lockdown easing
    Photo by MacroPolis

    PoliticsGreek Politics

    Ministry to come up with the funds to support struggling businesses and employees. With Greece... to shore up the economy. The Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE... and is available to businesses which have seen their turnover drop by more than 20 percent. The Finance

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  5. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    up to 30 percent of the total on-balance sheet gross book value through a contingent consideration... in Greece and contains NPEs of up to 12 billion euros in value. The bank’s management said that while... to provisional data up to March 2020, NPEs came to 60.9 billion, down by 7.6 billion or 11.1 percent

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  6. Newsletter 282 -29/01/2021

    Newsletters

    administration in Washington and convincing EU leaders to drop any thoughts of adopting sanctions against Turkey... for a 10-year bond issue that ended up breaking two records in the country’s sovereign market. Greece.... That was followed by one more transaction before Greece lost market access and ended up in an adjustment

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  7. (Dis)Integration of Bosnia and Herzegovina in the European Union
    Photo by MacroPolis

    Agora

    with pervasive corruption and the growing influence of the political elites opens up a lot of space... speed up the process of alignment with the legislation and implement the relevant legislation." Can... of Sarajevo calls them, are not ready to "give up even a millimeter of their powers and privileges

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  8. General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
    Photo by MacroPolis

    EconomyMacroeconomy

    came to 1.39 million euros, a drop of 12 million was seen, while purchases of goods and services fell... million euros. At 31.6 percent of the total, hospitals made up the largest part of the arrears... from a 1.4 billion-euro increase in bonds which amounted to 68.3 billion euros in January and made up

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  9. NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
    Image via www.nbg.gr

    EconomyBanking

    of up to 120 million euros, which will be subject to meeting agreed upon performance targets... organic actions. New defaults remained low, as the drop in economic activity was cushioned... of moratoria at the Q3 and Q4, the bank is pushing for step-up solutions provided to customers

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  10. IMF expects modest recovery, lingering debt but primary surplus to return swiftly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    in 2026. Growth in the last quarter of this year is seen picking up by 6.9 pct, and slowing down..., after -7.4 pct last year and a recovery from next year up to 2026 at -3.5 pct. This year’s estimate... broadly stable at 16.6 pct this year, from 16.4 pct in 2020. A modest drop is expected in 2022

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