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Athens hoping for de-escalation in Aegean as it seeks pension backpay solution
PoliticsGreek Politicsit will be about 1 billion euros lower.
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Deposits rise by 448 mln in June
EconomyMacroeconomyby 1 billion euros. On the other hand, time deposits fell by 854 million euros. The latest deposit
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General govt primary cash deficit at 5.48 bln in June as tax revenues fall
EconomyMacroeconomy), extrabudgetary funds (+24 million) and SSFs (+1 million). Drops were seen in tax refunds (-91 million
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Newsletter 261 -07/08/2020
) and SSFs (+1 million). Drops were seen in tax refunds (-91 million) and state budget (-3 million
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Banks step up securitisation drive following pandemic interruption
EconomyBankingon the securitisation of the Phoenix portfolio worth 2 billion euros, with the senior notes in the region of 1
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomylargely by a 17.6 percent decrease in the mining and quarrying index, followed by a drop of 1 percent
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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politicsto issue its decision before the payout is made. Around 1 million pensioners are due to receive
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Receipt losses near 5 bln in first six months as June tourism figures disappoint
EconomyMacroeconomythe EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent
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Greece grapples with second Covid-19 wave as cases soar
Societyand nurseries opened on June 1, a point at which the pandemic was still more or less under control. However
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingRatio (LCR) stood at 112.5 percent at the end of H1. At the end of June, the Common Equity Tier 1
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