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  1. Loans under credit servicing firms rise 17.1 pct QoQ to 23.54 bln

    EconomyBanking

    proprietors (14 percent). A breakdown revealed that in Q4, the total for loans serviced by CSFs came... quarter-on-quarter (QoQ). Out of the total, corporate loans came to 6.40 billion, rising up by 18.3

    11%
  2. More than a quarter of a million firms affected by enforced closures due to Covid-19
    Photo by MacroPolis

    Economy

    from the last complete data series as of 2017, a total of 251,419 businesses in Greece fall... of total workforce), agriculture, forestry and fishing (444,600), manufacturing (379,900), accommodation

    11%
  3. Primary cash balance deficit at 378 mln in February

    EconomyMacroeconomy

    to 7.03 billion euros against last year’s total of 7.41 billion. Expenditure for February rose... showed a rise of 1.04 billion euros, bringing the total to 9.01 billion euros. The Public

    11%
  4. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    -March. It found that cancellation losses for the total industry due to the coronavirus had so far come... will directly threaten 38,234 jobs, which represents 20.5 percent of total hotel employment unless

    11%
  5. Worst ever negative employment balance recorded in March as virus measures hit
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    epidemic. Total hirings came to 103,002 versus 144,905 departures. Around 53.2 percent of all departures... to 47.5 percent of the total, compared to 41 percent for part-time work and 11.5 percent for shift work

    11%
  6. PM offers vision of stronger post-pandemic Greece, as ND reaps approval in polls

    PoliticsGreek Politics

    Ministry spokesman Sotiris Tsiodras reported 31 new confirmed cases, bringing the total to 2,145, and one new fatality, increasing the total to 99. Mitsotakis sought to further bolster trust in his

    11%
  7. 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

    11%
  8. Renewed concern over East Med as Turkey aims to resume drilling
    Photo via https://flic.kr/p/2iH1sVj

    PoliticsForeign Policy

    put on hold its drilling program in Block 10 until September 2021, while Eni and Total are expected... and Total were to carry out exploratory drilling in Block 6, Yavuz’s planned area for drilling works

    11%
  9. 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

    11%
  10. 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

    11%