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

    EconomyBanking

    organic actions. New defaults remained low, as the drop in economic activity was cushioned

    19%

  2. Amid virus gloom, govt lines up support for catering and targets swift upturn
    Photo by MacroPolis

    PoliticsGreek Politics

    in working capital in the form of grants. The main eligibility condition is a 30% drop in revenues

    19%

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

    EconomyMacroeconomy

    broadly stable at 16.6 pct this year, from 16.4 pct in 2020. A modest drop is expected in 2022

    19%

  4. Industrial production up by 4.4% in February

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month-on-month (MoM), the index increased by 2.5 percent after a drop of 2.9 percent

    19%

  5. Building permits increase by 6.4 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Building permits increased by 6.4 percent year-on-year (YoY) in January after a drop of 0.7 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number of permits came to 1,453. The corresponding surface area increased by 4.9 percent while

    19%

  6. Newsletter 293 - 16/04/2021

    Newsletters

    increased by 6.4 percent year-on-year (YoY) in January after a drop of 0.7 percent seen in December

    19%

  7. PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
    Photo by MacroPolis

    PoliticsGreek Politics

    million this year and will drop to 200 million annually from next year. The fiscal cost of lower social

    19%

  8. Covid recession bumped pension spending to 18 pct of GDP in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP

    19%

  9. Trade deficit rises by 27.1 pct in March as imports surge
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 27.1 percent year-on-year (YoY) in March compared to a drop of 33.2 percent in February, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 2.09 billion euros for the month. Imports totalled 5.43 billion euros, showing

    19%

  10. New tax debt at 2.31 bln March, rising by 685 mln month-on-month

    EconomyMacroeconomy

    , this represents a drop of 178 million euros. An additional 7.46 billion euros stemmed from bankrupt companies

    19%