Search
-
QE arrives for Greece
Agoraon March 19, now includes the purchase of sovereign and corporate bonds from all euro areas member states... rallies can turn in the opposite direction when a so-called “black swan” event occurs and infects all
5% -
PM increases coronavirus support package to 10 bln, while sounding dire warning to public
PoliticsGreek Politicsand all year-end exams to be called off. The teachers claim that while the Education Ministry has created e-learning platforms, they cannot guarantee that all pupils and teachers will have access
5% -
BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economyrevising its forecasts for the economy in 2020, when it expects no growth at all. In a dedicated... economy. Zero growth Incorporating all those shocks in BoG’s forecast model leads to a new baseline
5% -
A sudden turnaround that could lead to sharp shock
Agorabillion, the UK 2.6 billion, France 1.1 billion and the US 1.2 billion. These are all countries.... A sharp drop in Q2 and a more modest fall in Q3 could see imports drop by 8 billion euros. When all
5% -
Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingdeposits increased by 2 billion YoY with improvements seen in all retail customer segments... payments had risen by 8 percent. The bank had implemented an overall digital shift to all types
5% -
Overall loan interest drop to 4.30 pct in February
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations fell by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data... average interest rate on all existing loans dropped by 2 bps to 3.95 percent. The spread between
5% -
Worst ever negative employment balance recorded in March as virus measures hit
EconomyMacroeconomyepidemic. Total hirings came to 103,002 versus 144,905 departures. Around 53.2 percent of all departures..., the share for men and women was 58.8 percent and 41.2 percent, respectively. All five age brackets
5% -
Banks look for way forward as economic shutdown takes its toll
EconomyBankingGreeks banks are facing a complicated challenge in the face of coronavirus as their efforts to reduce NPLs have come to a standstill. In their full year performance reports for 2019, all four... reported a cash buffer of 2 billion euros and Piraeus Bank reported a buffer of 2.3 billion euros. All
5% -
Greece takes first round against Covid-19 but fight continues
Agoraon February 26. Hospitalisations in ICU units peaked at 93 patients on April 5 and all indicators..., including the Sweden, the UK, Denmark and Italy. Roughly two thirds of all hospital beds
5% -
Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politicsholiday this year. All the evidence points to a very limited 2020 tourist season..., stressing that all economically feasible options are on the table. According to several sources
5%