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  1. Banks look for way forward as economic shutdown takes its toll
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    Greeks banks are facing a complicated challenge in the face of coronavirus as their efforts to reduce NPLs have come to a standstill. In their full year performance reports for 2019, all four... reported a cash buffer of 2 billion euros and Piraeus Bank reported a buffer of 2.3 billion euros. All

    4%

  2. Greece takes first round against Covid-19 but fight continues
    Photo by Natasha Pantazopoulou/Fosphotos

    Agora

    on February 26. Hospitalisations in ICU units peaked at 93 patients on April 5 and all indicators..., including the Sweden, the UK, Denmark and Italy. Roughly two thirds of all hospital beds

    4%

  3. Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
    Photo by MacroPolis

    PoliticsGreek Politics

    holiday this year. All the evidence points to a very limited 2020 tourist season..., stressing that all economically feasible options are on the table. According to several sources

    4%

  4. Overall loan interest drops to series low of 4.06 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations fell by 24 percentage points to 4.06 percent in March from 4.30 percent in February, data from... in the previous month. The overall weighted average interest rate on all existing loans dropped by 5 bps

    4%

  5. Unemployment continued downward course in Feb, falling to 16.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    of unemployment for all age groups. This was followed by those aged 25-34, where unemployment fell by 3.4 pps... 144,905 departures. Around 53.2 percent of all departures were layoffs with the remaining classed

    4%

  6. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    not adopt all the proposals put forward by Athens, the issuing of a coordinated position on key... of Macedonia found that one in two respondents was against opening borders to visitors from all

    4%

  7. Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation

    PoliticsGreek Politics

    , junior high school pupils were allowed to return to classrooms. In all cases, social distancing... have lost their income, all or in parts. It will also include a reduction in VAT rates for a range

    4%

  8. Economic relief eyed as Greece launches fourth round of lockdown easing
    Photo by MacroPolis

    PoliticsGreek Politics

    to and from all islands, not just Crete and Evia. However, all ferry passengers will have

    4%

  9. First challenges for tourism plan, as public relaxes approach to virus
    Athens Airport metro

    PoliticsGreek Politics

    and safety criteria”, adding, “the EASA list is our guide”. Currently, all arriving international..., France, Spain and the Netherlands, are all currently excluded on risk grounds. Complacency

    4%

  10. Overall loan interest at 4.05 pct in April, hitting new series low
    Photo by MacroPolis

    EconomyMacroeconomy

    The 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... weighted average interest rate on all existing loans dropped by 2 bps to 3.88 percent. The spread

    4%