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Turnover in services remains broadly positive in Q4 2019
EconomyMacroeconomythat the largest drop since Q4 2014 came from architectural and engineering activities (-35 percent), followed
2% -
Government readies up to 2 bln in assistance for shuttered firms and employees
Economyby the shuttering of some businesses and the drop in turnover in various sectors of the economy. Staikouras
2% -
Current account shows deficit of 1.29 bln in January
EconomyMacroeconomyof the primary and secondary income accounts is mainly attributable to a drop in net receipts from
2% -
Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
Economya drop in their turnover due to the impact of Covid-19 will also be able to stop paying their tax
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ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politicsthat in current prices GDP will drop to 172.5 billion, from 187.5 in 2019. The GAO also estimates
2% -
Alpha Bank posts net profits of 97.1 mln in 2019
EconomyBankingbillion euros at the end of 2019. Management noted that the drop in NPEs was driven largely
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingin 2019 stood at 982 million, a drop of 6 percent YoY. This trend improved the group’s recurring cost
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Covid-19 effects spread across number of sectors
EconomyFeaturesto a sharp drop. The indicator came to 42.5 points from 56.2 points in February. On an annual basis
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General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
EconomyMacroeconomywas a drop of 360 million in transfers, which came to 786 million euros. The next biggest decline
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Industrial production falls by 3.4 percent in February
EconomyMacroeconomy. The aggregate was driven by a 12.7 percent drop in the electricity supply index and a 0.8 percent rise
2%