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  1. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    . Impairments came to 324 million in light of revised macro estimates. The impact on trading results... continue uninterrupted. The total impact on the bank results from the pandemic for Q1 is estimated

    2%

  2. GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) GDP fell by 1.6 percent quarter-on-quarter (QoQ) in the first quarter (Q1) of 2020 after a decrease of 0.7 percent in Q4 2019, provisional estimates from..., a contraction of 4.7 percent is expected in 2020 compared to an estimated 2 percent GDP growth before

    2%

  3. Newsletter 253 -05/06/2020

    Newsletters

    percent in Q4 2019, provisional estimates from the Hellenic Statistical Authority (ELSTAT) showed... percent is expected in 2020 compared to an estimated 2 percent GDP growth before the pandemic. GDP

    2%

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

    PoliticsGreek Politics

    . It is not certain the same will apply next year. According to Kathimerini, the Finance Ministry now estimates... estimated initially for this year to 900 million. Another billion will come from the third phase

    2%

  5. Newsletter 262 -04/09/2020

    Newsletters

    a revised decrease of 0.7 percent in Q1 2020, provisional estimates from the Hellenic Statistical... to an estimated 2 percent GDP growth before the pandemic. GDP is expected to recover to an increase

    2%

  6. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    . The primary deficit will be 11.14 billion euros, or 6.8 pct of GDP. The same estimates in October’s... percentage points, through an estimated amount of 3.9 billion euros, 2.64 billion in the form of grants

    2%

  7. GDP shows strong recovery from lockdowns with 3.4 pct growth QoQ in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    to support the pandemic hit economy. Outlook According to the MoF’s latest estimates included in the Medium... weeks, also thanks to the expectations beating tourism season. In June, the Bank of Greece estimated

    2%

  8. Early details show energy emergency plan facing practical challenges
    Image: https://flic.kr/p/Tsun9u

    PoliticsGreek Politics

    storage from Italy, however this will not be a straightforward process. Estimates published in Sunday’s... one mine that was in the process of decommissioning as well as opening new mines, at an estimated

    2%

  9. Newsletter 347 - 22/07/2022

    Newsletters

    process. Estimates published in Sunday’s Kathimerini suggest that acquiring the 8 TWh of natural gas... through built-up areas, burning homes and businesses over an estimated 2,000-hectare area. One death

    2%

  10. Newsletter 349 - 02/09/2022

    Newsletters

    , well above any previous estimates. Although a bumper year for tourism and the post-pandemic... would be the tax on windfall profits by electricity suppliers. The government had estimated

    2%