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Covid-19 presents new, significant challenge in banks' effort to reduce NPLs
EconomyBankingtargets submitted to the ECB’s supervisory authorities, the ratio is due to drop to 20 percent... if a fifth of loans in the system remains in the red, at 20 percent Greece will be an outlier from
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PM calls for unity as opposition reacts to decisions on health, labour
PoliticsGreek PoliticsGreece marked its Independence Day on Wednesday, with the focus on battling the coronavirus, which has now claimed 20 lives in the country. Military and school parades were cancelled due..., taking the total to 743. The number of deaths increased to 20. The average age of those that have died
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A sudden turnaround that could lead to sharp shock
Agoraa key component in the region of 68 to 70 pct. Government spending is between 20 and 22 pct... the fate of the Greek economy this year. In the region of 20 billion euros of economic activity
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek Politicsseen their turnover drop by at least 20 pct will be able be able to reduce employees’ working time... on fewer hours having their wages reduced by up to 20 pct. The opposition party points to other European
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April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct
EconomyMacroeconomy. For the same month last year, the primary surplus stood at 20 million euros. The budget balance in the first... by 20.9 percent. There was an overperformance against the target in other taxes on production by 20
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsto To Vima’s sources, the reduction of corporate tax from 24 to 20 pct is one of the Finance Ministry’s... activity caused by the pandemic. Over March and April, for instance, contributions were down by 20 pct
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Amid crowding concerns, officials reject idea of return to full lockdown
PoliticsGreek Politics. Public health authorities are keeping an eye out for June 20, which will mark two weeks from the Holy... of the pandemic communications budget. Earlier this week it emerged that 20 million euros were spent on public
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Newsletter 253 -12/06/2020
budget. Earlier this week it emerged that 20 million euros were spent on public information campaigns... that exceeded 15 billion euros by 13:20 local time that allowed the tightening of the pricing down to 160 basis
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Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek Politicscapacity in region of 20 percent and almost no new bookings. Banks are preparing to head off a new wave... - together account for 20 percent of Greek tourism revenues. The exclusions could hit specific
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Newsletter 255 -26/06/2020
, with major destinations such as Crete, Santorini, Rhodes and Kos recording capacity in the region of 20... a greater impact going forward. If unemployment reaches 20 percent, annual social security contribution
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