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Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek Politicsis willing to return backpay totalling 1.4 billion euros for the cuts to main pensions, which took
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Newsletter 260 -31/07/2020
for pensioners. The prime minister said that the government is willing to return backpay totalling 1.4 billion
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NBG results show net profits of 465 mln euros on strong income
EconomyBankingportfolio, Project Icon, which includes denounced, non operating corporates, SME and SBLs totalling 900
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New data highlights pandemic impact on enterprises as turnover falls sharply
EconomyFeatures, the overall decline in Q2 came to 55.9 percent, totalling 3.2 million euros. The relevant figure for Q2
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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politicsbusinesses’ tax advances, for an amount totalling 1.2 billion euros, and measures to support employment via
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingoperating corporates, SME and SBLs totalling 900 million euros, had been finalised. Alpha Bank’s NPE
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politics(with the fourth round in November totalling 600 mln euros); and keeping the reduced VAT rate
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesthat short-term lettings generated income totalling 1.15 billion euros for individual property owners
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingwith properties as collateral, totalling 200,000 loans from around 90,000 borrowers. The senior tranche
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingwill be further enhanced by additional capital actions already underway, totalling roughly 1 billion euros
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