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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBanking. with the main interest coming from banks rather than private individuals. Of the total, 150 auctions... with no debt concentrated at more than 90 percent to a single creditor. Kathimerini reports that banks
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Newsletter 263 -11/09/2020
focus on showing that it is adopting a stricter approach than its predecessor, such as advocating closed... for auction last Wednesday. with the main interest coming from banks rather than private individuals
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Building permits rise by 17 pct in June
EconomyMacroeconomy. Total permits for 2019 came to roughly 82 percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast majority
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyannounced recently for Q2 2020 was deeper than its own estimate from April of -13.7 pct. Combined with the small recession of the first quarter, this signals that the impact on the economy is sharper than
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ND clarifies plans for emergency health system capacity as public mood over Covid-19 sours
PoliticsGreek Politics, with 67 patients intubated in ICUs and 3 more deaths bringing the total death toll to 316. More than... employees’ union POEDYN put the estimates lower than official figures, at 607 total ICU beds nationwide
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Competing claims and narratives in Eastern Mediterranean
Agoralanguage’ rather than the dialect of the island. According to Iakovos Polylas - Solomos’ first... than two decades as a judge in international courts, Rozakis expressed doubts over whether the EEZ
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Flooding, Covid-19 threat in Athens dominate ND's agenda
PoliticsGreek Politicsthis early part of his first term in office much more challenging than he could have imagined... of indoor cinemas, the suspension of concerts and a ban on gatherings of more than nine people indoors
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyfor the first six months of 2020 is better than the 9 pct drop observed in the rest of the eurozone... in place, Greek systemic banks are expected to shed more than 30 billion of NPE off their books via
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Heading for talks with Turkey, Athens sets expectations low
PoliticsGreek Politicswith talks, rather than negotiations. Conducting talks means that we are trying to find rules... is better than us having our finger on the trigger for a long time.” But the source added that the aim
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EastMed, defence and energy dominate Pompeo's visit, leaving Athens satisfied
PoliticsForeign Policythan acceptable,” he said. Earlier on Monday, the United States and Greece issued a joint call... defence spending, the first for more than a decade, that was announced by Mitsotakis recently
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