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  1. Hoteliers staring at big drop in turnover as liquidity calls grow
    Photo by MacroPolis

    EconomyFeatures

    little sign of recovery as the summer begins. A total of 1,941 hotels were surveyed, representing 19.4... expected. Liquidity Adding to the difficulties of the hotels, a total of 394.5 million euros

    4%

  2. Travel balance falls by 99.3 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    from the US, UK and Russia also fell by 100 percent to zero arrivals. In total, arrivals from the EU 27... to 973,300. In total, arrivals showed a drop of 63.8 percent in the first five months of the year

    4%

  3. Budget primary balance confirmed at deficit of 6.10 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    budget total revenues stood at 21.26 billion euros, lower than the target by 3.50 billion or 14.1... billion. During the first six months of the year, total expenditure came to 28.23 billion, overshooting

    4%

  4. Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern

    PoliticsGreek Politics

    the weekend, a total of 185 new cases were registered. Of these, 110 came on Saturday, making it the day... that will average 80 per day, this will lead to 11,500 total cases at the end of September, from the current 4,662

    4%

  5. Unemployment rate jumps to 17 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    decreased by 193,312 (-4.9 percent). Total employment stood at 3.73 million people. ELSTAT noted... persons when compared with May 2019 (+2.3 percent). The total inactive population now stands at 3.40

    4%

  6. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    . Total income came to 1.46 billion in H1, up by 69 percent YoY. Deposits in Greece reached 43.3 billion... to the pandemic, with the Total Capital ratio at 16.9 percent. This provides a capital cushion

    4%

  7. Construction slides again in May with fall of 8.7 pct YoY in building permits
    Photo by MacroPolis

    EconomyMacroeconomy

    Statistical Authority (ELSTAT) data released on Wednesday. The total number of permits came to 1,339, going... five months of the year, building permits are up by 16.1 percent. Total permits in the aggregate period

    4%

  8. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    billion euros to 22.28 billion euros against last year’s total of 25.87 billion. Expenditure for July rose... months showed a rise of 2.55 billion euros, bringing the total to 32.42 billion euros. The Public

    4%

  9. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    arrivals. In total, arrivals from the EU 27 countries fell by 92.3 percent YoY to 183,400. Those from... the EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent

    4%

  10. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    budget total revenues stood at 26.68 billion euros, which is 3.74 billion euros or 12.3 percent lower... year, interest payments stood at 3.64 billion. During the first seven months of the year, total

    4%