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  1. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    for Eurosystem funding is made up fully of European Central Bank funding. As at the end of Q1

    5%

  2. ECB boost for Greek debt as authorities ponder new market foray
    Photo by MacroPolis

    Economy

    Greece was buoyed by the European Central Bank on Thursday, following its announcement that the emergency pandemic purchase programme (PEPP) will be extended beyond the end of 2020. This means it will run for another year, until June 2021, and its size will effectively double to 1.35 trillion euros

    5%

  3. Rise in new Covid-19 cases raises alarm on eve of reopening to tourism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Qatar, while two clusters detected in central Greece were traced to recently arrived travellers who

    5%

  4. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    during the month, followed by SSFs (20.3 percent). Debt Central government gross debt fell by 786 million

    5%

  5. Building permits increase by 10.2 pct in March

    EconomyMacroeconomy

    in mainland Crete (+35.7 percent), central Greece (+26.4 percent) and western Macedonia (+17.6

    5%

  6. Primary cash deficit at 5.35 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government primary cash balance recorded a deficit of 5.35 billion euros in the first five months of the year according to figures released by the Bank of Greece (BoG). The cash balance for the same time last year, excluding the financing of the cash buffer, showed a surplus of 438

    5%

  7. Newsletter 254 -19/06/2020

    Newsletters

    by 2.42 billion. Greece’s central government primary cash balance recorded a deficit of 5.35 billion

    5%

  8. Criticism of Athens "Great Walk" prompts debate on public spaces
    Photo by MacroPolis

    PoliticsGreek Politics

    The “Great Walk”, a new traffic management plan for central Athens implemented by Mayor Kostas Bakoyannis in the wake of the lockdown, is attracting growing criticism from planning experts, the media and the public. While many object to the practicalities of the plan, others focus on the manner

    5%

  9. General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    and tax refunds at 22.3 percent each. Debt Central government gross debt rose by 243 million euros month

    5%

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

    EconomyFeatures

    of jobs in the south Aegean islands were considered at risk, compared to 22 percent for central Greece

    5%