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Post-Covid era dawns on new landscape for bad debt in Greece
EconomyFeatureshave been transferred from their balance sheets, more than halving the volume of bank-held NPLs... for individual transactions rather than mass sales. Such transactions include an unspecified number
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Newsletter 302 - 18/06/2021
estimates put more than 50 billion euros. Mitsotakis is hoping to take advantage of the positive mood... than older ages and the fact that the reforms to auxiliary pensions will only affect Greeks who
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Govt calls on local businesses and banks to free up capital for investment
PoliticsGreek Politicsbacking during 2020 and 2021 is expected to reach more than 40 billion euros) Mitsotakis is expecting..., Staikouras said he is optimistic Greece will grow by more than 3.6 pct, which is the ministry’s latest
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Newsletter 303 - 02/07/2021
during the pandemic (the total state backing during 2020 and 2021 is expected to reach more than 40.... State budget total revenues stood at 19.92 billion euros for the first five months, lower than
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Building permits jump by 124.5 pct in April, from year-earlier lockdown
EconomyMacroeconomypercent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast majority of building projects are also related to private
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Employment balance positive by 73,502 in June; most on record for month
EconomyMacroeconomyThe employment balance was positive with 73,502 more hirings than people leaving their jobs in June, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last... more people hired than departed. Broken down by employment activity in each sector, the highest
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Vaccination politics intensify as Greece races to plug immunity gap
PoliticsGreek Politicsthat 4,000 marchers gathered in central Athens, and others putting the estimate at more than 5,000... city Thessaloniki. While the size of the crowds is smaller than those seen habitually in Greece
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Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
Economyforecast of 60 pct, before resuming a downward path to 192.6 pct of GDP in 2023. This is higher than... in the banking sector and their own resources by firms, hope to see more than 30 billion euros of investments
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Fighting fake news is a "to be or not to be" battle
Agorathat the fight against fake news and misinformation is much harder than all internationally undertaken..., the damage can be much greater than what we are witnessing today. These are consequences of cataclysmic
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Retail index rises another 15 pct in May from 2020 lows
EconomyMacroeconomyalso up by more than 19 percent. The annual volume increase was led by the same categories..., less than the equivalent turnover. The monthly seasonally adjusted retail sales index in May was up
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