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Current account deficit hits €11.2 bln in 2020 after tourism collapse
EconomyMacroeconomy, according to the central bank. This was partly offset mainly by a 4.3 billion-euro drop in the balance
6% -
Alpha Bank enters agreement with Davidson Kempner for 10.8 bln Galaxy securitisation
EconomyBankingquarter -- Alpha’s NPE and NPL ratios will drop to 24 percent and 13 percent respectively, from 43
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Credit growth in January rises to 3.7 pct even as flow turns negative
EconomyMacroeconomywith a 305 million-euro drop in lending, compared to an increase of 1.65 billion euros in December
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Pandemic raises economic pressure as govt hopes for imminent relief
PoliticsGreek Politicscomprehensive lockdown in the coming days if there is not a significant drop in infections. There have
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General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
EconomyMacroeconomycame to 1.39 million euros, a drop of 12 million was seen, while purchases of goods and services fell
6% -
CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
EconomyMacroeconomyfor the last 11 months, with December’s 2.3 percent drop surpassing the previous lowest reading
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Travel balance falls by 97.6 pct in January
EconomyMacroeconomypercent to 112.2 million euros. For euro-denominated countries, receipts showed a drop of 87.8
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Employment balance positive by 27,233 in Feb; highest since Sept
EconomyMacroeconomy, however, was the big drop in both hirings and firings. Total hirings in February came to 98,428 versus
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Newsletter 290 - 26/03/2021
the most notable aspect of the data, however, was the big drop in both hirings and firings. Total
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingorganic actions. New defaults remained low, as the drop in economic activity was cushioned
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