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Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
EconomyBankingcalculations, the loss of capital per one unit of NPE reduction is lower via the bad bank than via
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PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
EconomyMacroeconomyimprove, however the debt will not be dealt with by simply returning to primary surpluses. One
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingcame to 31.4 percent. It was 61.9 percent in catering, one of the highest across all business sectors
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek PoliticsOpposition parties have criticised the government’s latest package of measures to support the economy, suggesting that it is too weak an intervention and will lead to wage cuts for many employees. One of the central pillars of the package announced by Prime Minister Kyriakos Mitsotakis earlier
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Newsletter 252 -29/05/2020
one unit of NPE reduction is lower via the bad bank than via securitisations. Stournaras is reportedly
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BoG governor renews calls for launch of bad bank and ESM use
EconomyBankingof capital per one unit of NPE reduction is lower via the bad bank than via securitisations. Stournaras
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Gloomy preliminary results for Aegean as state support talk gathers pace
EconomyFeatures. This includes compulsory use of face masks and only one personal item allowed in the cabin. The last
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsto To Vima’s sources, the reduction of corporate tax from 24 to 20 pct is one of the Finance Ministry’s
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Parties jostle over economic data, public still backs ND approach on pandemic
PoliticsGreek Politicsthe opposition party has gained one point since April. There was no significant change among the smaller parties.
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Overall loan interest at 4.05 pct in April, hitting new series low
EconomyMacroeconomyon deposits from households with an agreed maturity of up to one year was almost static at 0.28 percent.
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