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Newsletter 251 -22/05/2020
notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic
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Refugee housing deadline puts spotlight back on migration policy
PoliticsGreek PoliticsThe concern over the fate of the refugees facing eviction is only the latest in a string of stories which have
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Retail sales down by 1.5 pct in March for first fall in seven months
EconomyMacroeconomyand supermarkets with 20. 5 percent. The latest business indicators for May, published by the European Commission
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsthis latest step and government pledges to support hoteliers and other businesses affected by lower
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed a net loss of 232 million euros compared to a net profit of 189 million euros in Q4 2019. The latest results interrupt six consecutive quarters of profits. Pre-provision income (PPI) reached a 185 million in Q1 versus 193 in Q4. Net interest income
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Apartment prices rise by 6.9 pct in Q1
EconomyMacroeconomyrevised to reflect an increase of 5.5 percent in Q1, 7.6 percent in Q2 and 8.3 percent in Q3. The latest
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ECB boost for Greek debt as authorities ponder new market foray
Economyaccording to the latest Finance Ministry bulletin stood at just over 58 billion euros as of the end
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Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations was almost unchanged at 4.05 percent month-on-month in April from 4.06 percent in March, data from the Bank of Greece (BoG) showed on Friday. The latest headline figure represents a new series
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Rise in new Covid-19 cases raises alarm on eve of reopening to tourism
PoliticsGreek PoliticsMinister Kyriakos Mitsotakis in response to the latest reports, adding that “the new cases do not derail
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Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
EconomyMacroeconomyfor Macedonia and Thrace was the highest at 18.5 percent. Ergani The latest available data from
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