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  1. Current account shows deficit of 1.26 bln in November
    Photo by MacroPolis

    EconomyMacroeconomy

    of 425.6 million, down by 24 percent YoY. The travel balance showed a surplus of 40.4 million... to these figures. Travel payments came to 20.3 million, also down 90.2 percent. Total imports came

    2%

  2. Fitch keeps Greece at 'BB' rating as risks remain on horizon
    Photo by MacroPolis

    Economy

    and 2.6 pct in 2022. Debt is seen skyrocketing to 210.5 pct of GDP in 2020, marginally edging down... progress in bringing the NPE ratio down by additional securitisations assisted by the Hercules APS

    2%

  3. Budget primary confirmed at deficit of 18.20 bln in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    euros. Tax refunds came to 5.67 billion euros, above target by 312 million euros. Broken down... on production were down by 41 million euros or 3.7 percent. Expenditure Primary expenditure came to 7.34

    2%

  4. EU enlargement - a moving target that is moving further away
    Photo by https://flic.kr/p/dSH9XB

    Agora

    to tone down that statement. Nonetheless, here we are in 2021 and enlargement is nowhere in sight... on each other to slow down the process and make it more difficult. The height of the stalemate

    2%

  5. Newsletter 283 -05/02/2021

    Newsletters

    to businesses that have been forced to shut down. This comment sparked a furious reaction from the opposition... as at the end of the third quarter 2020, down 14.3 pct or 9.8 billion euros, from the end of 2019

    2%

  6. Current account deficit hits €11.2 bln in 2020 after tourism collapse
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    came to a surplus of 216 million, down 57 percent YoY. The travel balance showed a surplus of around..., down 87.7 percent. Total imports came to 4.33 billion euros, from 4.38 billion last year

    2%

  7. Budget primary confirmed at deficit of 1.47 bln in Jan as taxes dwindle
    Finance Ministry

    EconomyMacroeconomy

    by 9 million euros. Broken down by category, VAT was below its target by 95 million euros, or 5.9... billion euros, below their target by 80 million. That shortfall was broken down into a 42 million-euro

    2%

  8. New development law chips away at Greece's Natura 2000 regime

    Society

    down the path of overdevelopment. In their joint response to the legislation, Greece’s biggest... the country’s post-Covid recovery appears to have once again pushed the environment further down

    2%

  9. Current account shows deficit of 436 mln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    to a surplus of 277.1 million, down by 30.9 percent YoY. The travel balance showed a surplus of 2.4... according to these figures. Travel payments came to 23.1 million, down 87.4 percent. Total imports

    2%

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

    EconomyBanking

    of domestic NPEs down to 4.3 billion euros following the Frontier securitization. For the full year... quarter, reflecting seasonality. In 2020, operating expenses stood at 768 million euros, down

    2%