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Newsletter 260 -31/07/2020
pressure, increased risks in the banking sector and persistent current account deficits due to lower... a hotel, it must be able to stay open. And this is an issue that should be taken into account when
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PM wades in on Turkey dispute as Covid-19 threat grows at home
PoliticsGreek Politicsas French via his official Twitter account. The French president had also posted a comment in Greek... comments by tweeting in French from his Twitter account, calling Macron a “true friend” of Greece
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Eurobank net results show profit of 176 mln in H1
EconomyBankingnow stands at 15.3 percent in H1 compared to 32.8 percent in H1 2019. Total provisions account for 60.6 percent of NPEs, up by 610 bps YoY, taking into account the completion of the Cairo
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBanking2019. Total provisions account for 60.6 percent of NPEs, up by 610 bps YoY, taking into account
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomy. The IMF estimates Greece going into a deep current account deficit of 7.7 pct of GDP, from a 2.1... with the recent trend with a current account deficit of 3.6 pct in 2025. For the first time since 2015, Greece
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Newsletter 269 -16/10/2020
current account deficit of 7.7 pct of GDP, from a 2.1 pct of GDP deficit in 2019. In 2021, the deficit will drop to 4.5 pct and more in line with the recent trend with a current account deficit of 3.6 pct
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Stricter Covid-19 restrictions mulled, but Greeks warming to vaccine
PoliticsGreek Politicsremains in a dominant position politically. The fact that Attica continues to account for around.... New Democracy has also been more successful in enticing new supporters, who account for 8 pct
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Newsletter 290 - 26/03/2021
to bring part of these obligations back into servicing. 2 Current account deficit at 436 mln in January Improvement in all balance of payments components, excluding services Greece’s current account
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Government compromises on 2 pct rise for minimum wage
PoliticsGreek Politicsa personal savings account and will have the ability to manage the risk of their investment. The funds deposited in the savings account will be guaranteed by the state. The new system will also
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Short-term fix for electricity bills leaves open questions for green transition strategy
Societywaived VAT on electricity bills. VAT and other taxes account for around 22 pct of household electricity... companies – and dipping into the Renewable Energy Special Account, the proceeds of a levy intended
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