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  1. 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

    3%

  2. 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

    3%

  3. 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

    3%

  4. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    pct of total, or 40 pct of GDP. Debt servicing costs come to just 1.5 pct, which is the lowest from... 157 pct in 2019. S&P estimates the total liquidity reserve at roughly 20 pct of GDP, a factor

    3%

  5. Coronavirus to delay much of privatisation plan
    Photo by MacroPolis

    EconomyFeatures

    projects, while 376 million would be generated from previously completed tenders. Out of the total 2.4... the privatisation’s timeline off track. Athens International Airport saw its total air traffic fall

    3%

  6. Poverty declined in 2018, births continued to lag behind deaths
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    percent of total expenditure was reserved for food, down slightly from 20.4 percent in the previous..., rising from 40.2 percent in 2018 and 13.7 percent in 2008. Finally, total criminal offences came

    3%

  7. April sees lowest hiring balance on record as pandemic bites and 233,626 fewer jobs offered
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    circumstances brought about by the coronavirus pandemic. Total hirings came to 48,555 versus 41,350.... On an aggregate basis, full-time employment came to 49.3 percent of the total, compared to 40 percent

    3%

  8. Building permits increase by 64.3 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    Building permits rose by 64.3 percent year-on-year (YoY) in February compared to a rise of 55.7 percent in January, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed. The total... permits rose by 61.8 percent. Total permits in the aggregate period stood at 2,965. Surface area

    3%

  9. Budget primary balance dips to deficit of 1.51 bln in April on Covid-19 measures
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    . State budget total revenues stood at 15.44 billion euros, lower than the target by 1.24 billion or 7.4... months of the year, total expenditure came to 18.17 billion, overshooting the target by 1.06 billion

    3%

  10. Primary cash balance deficit climbs to 2.62 bln in April largely on revenue deterioration
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    year’s total of 14.63 billion. Expenditure for April rose by 380 million euros year-on-year to come..., bringing the total to 18.14 billion euros. The Public Investment Budget (PIB) balance came

    3%