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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingworth 2 billion euros. In addition to NPL activity, NBG also issued a 500 million euro Green senior
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Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
EconomyMacroeconomyof the year. Arrivals from euro-denominated countries dropped by 74.1 percent to 2 million, while visitors
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Newsletter 271 -30/10/2020
and cultural life, which constitute fundamental social rights,” the paper said. 2 Budget primary deficit
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politics, compared to the 2 billion euros previously envisioned. Aside from measures that have been announced
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeamongst member states. Inflation was assumed at 2 pct by 2030, the interest rate assumptions average 3
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Labour vote, reconstruction plans highlight differences in party agendas
PoliticsGreek Politicssaid the measure would bring relief to over 265,000 businesses and almost 2 million workers. SYRIZA
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Newsletter 275 -27/11/2020
amongst member states. 2 Oct budget primary at deficit of 9.07 bln Revised budget for 2021 reflected
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Apartment prices rise by 3.2 pct in Q3
EconomyMacroeconomy. The prices of new apartments increased by 7.7 percent on average in 2019, against an increase of 2 percent
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General govt primary cash deficit of 9.07 bln in October, arrears drop by 250 mln
EconomyMacroeconomymillion), SSFs (-15 million), state budget (-4 million) and extrabudgetary funds (-2 million). Hospital
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Fresh accusations against NGOs as govt hardens stance on migration
PoliticsGreek PoliticsMigration and Asylum Minister Notis Mitarachi has accused the Turkish coastguard and foreign NGOs of putting migrants’ lives in danger on the Aegean crossing. On December 2, 32 migrants were rescued by the Greek coastguard and EU border force Frontex from a half-submerged boat off the island
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