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  1. More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
    Photo by MacroPolis

    Economy

    . These include elimination of social insurance obligations, suspending all other levies and duties, reduced working days for all staff, paid leave of up to 30 days, reduction of tax obligations by 50 pct

    4%

  2. Athens on lookout as Ankara ramps up rhetoric and activity
    Photo via www.nato.int

    PoliticsForeign Policy

    against other countries, is not entitled to invoke justice and human rights. After all, Turkey's... with all available means.”

    4%

  3. Additional public health, economic actions to counter coronavirus impact

    PoliticsGreek Politics

    minister himself, when he announced that all services in places of worship would be suspended until..., such as the decision to close almost all retail stores apart from supermarkets and pharmacies from

    4%

  4. Mitsotakis puts Greece on war footing as plans progress to boost hospital capacity
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    new confirmed cases. There was also one more death, raising the total to five. All five were men... to intensive care. Last week, all scheduled surgery in the public health system was cancelled to free

    4%

  5. QE arrives for Greece
    Photo by MacroPolis

    Agora

    on March 19, now includes the purchase of sovereign and corporate bonds from all euro areas member states... rallies can turn in the opposite direction when a so-called “black swan” event occurs and infects all

    4%

  6. PM increases coronavirus support package to 10 bln, while sounding dire warning to public
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    PoliticsGreek Politics

    and all year-end exams to be called off. The teachers claim that while the Education Ministry has created e-learning platforms, they cannot guarantee that all pupils and teachers will have access

    4%

  7. BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
    Photo by MacroPolis

    Economy

    revising its forecasts for the economy in 2020, when it expects no growth at all. In a dedicated... economy. Zero growth Incorporating all those shocks in BoG’s forecast model leads to a new baseline

    4%

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

    EconomyBanking

    deposits increased by 2 billion YoY with improvements seen in all retail customer segments... payments had risen by 8 percent. The bank had implemented an overall digital shift to all types

    4%

  9. Overall loan interest drop to 4.30 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations fell by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data... average interest rate on all existing loans dropped by 2 bps to 3.95 percent. The spread between

    4%

  10. 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..., the share for men and women was 58.8 percent and 41.2 percent, respectively. All five age brackets

    4%