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  1. Primary cash balance deficit at 378 mln in February

    EconomyMacroeconomy

    to 7.03 billion euros against last year’s total of 7.41 billion. Expenditure for February rose... showed a rise of 1.04 billion euros, bringing the total to 9.01 billion euros. The Public

    4%

  2. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    -March. It found that cancellation losses for the total industry due to the coronavirus had so far come... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless

    4%

  3. Current account shows deficit of 1.29 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    payments rose to 206.5 million, up by 23.4 percent. Total exports in January came to 2.72 billion euros, from 2.40 billion last year, increasing by 13.1 percent YoY. At the same time, total imports

    4%

  4. Newsletter 245 -27/03/2020

    Newsletters

    as micro-businesses and self-employment in total employment,” according to Scope’s analysts... was negative by 788 million euros last year Total deposits, which also include the general government

    4%

  5. Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
    Photo by MacroPolis

    Economy

    their exposure to repos by March, taking advantage of the ECB’s TLTRO III announcement. Total interbank... million. Total GGB holdings were in excess of 10 billion euros, which the ECB now accepts for its

    4%

  6. Worst ever negative employment balance recorded in March as virus measures hit
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    epidemic. Total hirings came to 103,002 versus 144,905 departures. Around 53.2 percent of all departures... to 47.5 percent of the total, compared to 41 percent for part-time work and 11.5 percent for shift work

    4%

  7. Banks look for way forward as economic shutdown takes its toll
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    securitisations under the code name Cairo, with a total value of 7.5 billion euros. The applications relate to the provision of guarantee by the Greek state on senior notes to the value of 1.6 billion in total

    4%

  8. Primary cash balance deficit at 326 mln in March
    Photo by MacroPolis

    EconomyMacroeconomy

    euros to 10.64 billion euros against last year’s total of 10.53 billion. Expenditure for March rose... three months showed a rise of 1.19 billion euros, bringing the total to 13.86 billion euros. The Public

    4%

  9. Renewed concern over East Med as Turkey aims to resume drilling
    Photo via https://flic.kr/p/2iH1sVj

    PoliticsForeign Policy

    put on hold its drilling program in Block 10 until September 2021, while Eni and Total are expected... and Total were to carry out exploratory drilling in Block 6, Yavuz’s planned area for drilling works

    4%

  10. Travel balance more than double in Feb as arrivals increase by 24.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    from Russia declined by 42.5 percent to 4,900. In total, arrivals from the EU 27 countries rose.... In total, arrivals showed an increase of 21.8 percent in the first two months of the year and came

    4%