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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBanking1.75 billion euros, of which 77 percent are considered fully serviced. The remaining 370 million
2% -
PMI rises to 41.1 points in May but manufacturer pessimism persists
EconomyMacroeconomymarkets, as markets remaining in lockdown posed a challenge. Staffing levels remained low as firms used
2% -
Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingloans stood at 260bps, of which 192bps related to underlying cost of risk and the remaining 68bps
2% -
April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
EconomyMacroeconomythe domestic and export markets, as markets remaining in lockdown posed a challenge. Staffing levels
2% -
Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
EconomyMacroeconomy. In 2019, the remaining three quarters after Q1 recorded positive growth. The annual increase came
2% -
General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomymillion. With bank support guarantees at 320 million as mentioned, the remaining total was split between
2% -
Car sales drop by 49.1 pct in May and 34.9 pct in first 5 months
EconomyMacroeconomy, totalling 52,583. The remaining sales in the first five months were made up of lorries (9,889
2% -
Employment balance positive by 32,975 in May, aggregate figure shows 259,233 fewer jobs
EconomyMacroeconomywere classed as voluntary departures with the remaining classed as layoffs. The proportion of hirings
2% -
Communication prices in Greece highest in EU27
Societylower. In the remaining categories, Greek consumers paid less than the EU average in 2019. Clothing
2% -
Economic sentiment at 87.6 in June, consumer confidence & construction show recovery
EconomyMacroeconomyof deteriorations and improvements were noted in the remaining underlying categories Industry confidence fell
2%