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  1. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year

    14%
  2. It's the hope that kills you
    Athens Airport metro

    Agora

    by more than 15 pct. Naturally, as travel came to a standstill across the globe tourism became... was just 179 and the figure plateaued just over 190 for most of July. On June 6, Greece had less than

    14%
  3. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    of public spending by 2.1 pct. Compared to the draft budget, private consumption was expected -6 pct..., Greece has drawn from the markets 12 billion euros of bonds through 15-, 10- and 7-year issues.

    14%
  4. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    by 15 billion euros. The group NPE ratio was 47 percent in Q3 from 48 percent in Q2, while the NPE.... Excluding this fee, operating expenses during the quarter fell by 6 percent YoY. In the 9M period

    14%
  5. Newsletter 275 -27/11/2020

    Newsletters

    of private investment through bank lending or own resources. The submission contains 15 broad... was expected to fall by 6 pct, investments were seen down by 10.9 pct and exports lower by 24.8 pct. Public

    14%
  6. Stricter Covid-19 restrictions mulled, but Greeks warming to vaccine
    Photo by MacroPolis

    PoliticsGreek Politics

    , will be delayed. The local media has speculated that the night-time curfew could begin at 6 p.m., rather than..., at just 15 pct, with even 50 pct of the party’s supporters not satisfied with the opposition party’s

    14%
  7. Eurobank posts loss of 1.21 bln euros in 2020 as it sheds off bad loans
    Photo by MacroPolis

    EconomyBanking

    billion euros of loans -- of which about 85 percent will be retail, 15 percent will be corporate... Covid-19, and 6 percent in 2020, converging to the European average. P&L Net interest income fell by 0.6

    14%
  8. Newsletter 288 - 12/03/2021

    Newsletters

    will consist of about 3.3 billion euros of loans -- of which about 85 percent will be retail, 15 percent... the impact from Covid-19, and 6 percent in 2020, converging to the European average. Net interest income

    14%
  9. Excess of vaccines in Serbia will go to waste
    Photo via https://flic.kr/p/2ixuS9G

    Agora

    is advancing at a snail’s pace and facing delays in vaccine deliveries. On March 6, when holding his dramatic... the situation safer. We have not yet reached 15 percent of the population, and we should also take

    14%
  10. Banks tout ambitious NPE plans to return to European mainstream
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    sees its NPE ratio at 5 percent by the end of 2022, with NBG planning to reduce its ratio to 6... euros of loans -- of which about 85 percent will be retail, 15 percent will be corporate. Piraeus

    14%