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  1. Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
    Image via www.moh.gr

    EconomyMacroeconomy

    . The capital account posted a surplus of 116.4 million in March and came to a surplus of 256.5

    2%
  2. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    in the hotel industry. Two hundred million will be dedicated to the two-year freezing of capital installments

    2%
  3. Gloomy preliminary results for Aegean as state support talk gathers pace

    EconomyFeatures

    capital credit lines in Q2 with Greek banks, totalling 120 million. It is estimated that due

    2%
  4. ECB boost for Greek debt as authorities ponder new market foray
    Photo by MacroPolis

    Economy

    . The average maturity of the ECB’s Greek purchases is just short of eight years. Based on Greece’s capital

    2%
  5. OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    in 2021. Gross fixed capital formation is expected to fall by 14.3 percent in the first scenario

    2%
  6. Newsletter 253 -12/06/2020

    Newsletters

    scenario, before recovering in 2021. Gross fixed capital formation is expected to fall by 14.3 percent

    2%
  7. ESM report highlights programme weaknesses, outlines improvements for future bailouts
    Photo by MacroPolis

    EconomyProgramme

    position of some banks is weak, with a high portion of deferred tax credits in their capital

    2%
  8. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    . Earlier in the week, financial news website Capital also reported that the institutions have raised

    2%
  9. Release of refugees creates new difficulties for minister
    Photo by MacroPolis

    PoliticsGreek Politics

    capital. It should be noted that the government did advise people to use their cars when

    2%
  10. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    million versus a deficit of 134.5 million a year ago. The capital account posted a surplus of 134.9

    2%