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  1. Greece braces for recession, hopes to bounce back from summer onwards
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    that it could reach 500 million euros, based on the latest developments industry executives expect

    1%

  2. A sudden turnaround that could lead to sharp shock
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    Agora

    . According to the latest data from ELSTAT, Greek companies spend close to 900 million euros on transport

    1%

  3. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
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    EconomyBanking

    Piraeus Bank’s final quarter (Q4) results showed profits of 189 million euros compared to a net profit of 49 million euros in Q3 2019. The latest results mark a sixth consecutive quarter where net results have landed in profit. For 2019, net results showed a profit of 270 million euros versus net

    1%

  4. Retail turnover up by 10.1 pct in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to December, while volumes rose by 3.3 percent month-on-month. The latest business indicators for March

    1%

  5. Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped to 42.5 points in March from 56.2 points in February, according to the latest data from Markit PMI. The data indicates that the Greek manufacturing sector has been impacted significantly by the spread of the coronavirus. Markit indicated that the headline figure

    1%

  6. Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
    Photo by MacroPolis

    Economy

    as low as -0.75 pct. According to their latest financial results Greek lenders had reduced

    1%

  7. Despite satisfaction with Covid-19 numbers, govt not eyeing let-up in restrictions
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    PoliticsGreek Politics

    exit from the lockdown. Speaking at Tuesday’s regular news conference on the latest coronavirus

    1%

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

    EconomyMacroeconomy

    for Epirus and western Macedonia was the highest at 19.8 percent. The latest available data from

    1%

  9. Industrial production falls by 3.4 percent in February
    Photo by MacroPolis

    EconomyMacroeconomy

    ) and the manufacturing index (+0.8 percent). According to the latest business survey for March released

    1%

  10. Greece braces for deeper Covid-19 impact on economy, budget and public debt
    Photo by MacroPolis

    Economy

    into the cash reserves, that are a legacy of the programme exit back in the summer of 2018. The latest

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