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  1. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    , down by 2.6 billion YoY. The bank fully eliminated ELA funding in mid-July 2018, meaning ECB

    4%

  2. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    , operating expenses stood at 804 million euros, down by 3.8 percent YoY. Personnel expenses dropped by 2.8

    4%

  3. BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020

    EconomyFeatures

    on Airbnb are reportedly down by as much as 70 percent in the country, which could make investors wary

    4%

  4. Google mobility report illustrates stark drop in activity due to Covid-19
    Photo by MacroPolis

    Society

    , museums, libraries, and movie theatres was down by around 80 percent compared to the baseline

    4%

  5. Covid-19 effects spread across number of sectors
    Photo by MacroPolis

    EconomyFeatures

    number of non-performing loans weighing down the balance sheets of Greece’s four systemic banks is being

    4%

  6. Trade deficit up by 7.8 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    by 9.6 percent, while those to non-EU countries edged down by 0.1 percent. Stripping out the impact

    4%

  7. General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus came to 1.44 billion euros in the first two months of the year, down by 1.49 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin. In the underlying subcategories, the biggest year

    4%

  8. Unemployment at 16.4 pct in January
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    -on-year. Broken down by age group, the largest annual drop in unemployment was seen in the 15-24 years

    4%

  9. Worst ever negative employment balance recorded in March as virus measures hit
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    negative balance was recorded for those aged 64 and over with a negative balance of 716. Broken down

    4%

  10. Newsletter 247 -10/04/2020

    Newsletters

    are emerging that progress made on reducing the large number of non-performing loans weighing down

    4%