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  1. New data highlights pandemic impact on enterprises as turnover falls sharply

    EconomyFeatures

    their needs. Total turnover in the Greek economy in Q2, registered as of 2017 in the Greek business register

    3%

  2. Grim picture in labour market obliges govt to provide more job support schemes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    to 1,897,340 employees and freelancers, as well as a total of 420.3 million euros to e-EFKA

    3%

  3. Bank deposits rise by 3.32 bln in July

    EconomyMacroeconomy

    offset time outflows of 2.26 million. Total deposits, which also include the general government (gg

    3%

  4. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    , or whose home is valued at 20 percent of their total debt could have their debts written off in one

    3%

  5. Fire at archaeological site puts govt's crisis handling under scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    cases, at an average of 188 per day, and 60 more deaths taking the total to 266. The number

    3%

  6. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    consumption represents the majority of GDP, making up around 94 percent of the total figure in Q2

    3%

  7. H1 results for Greek corporates show signs of pandemic biting
    Image via www.gekterna.com

    EconomyCorporates

    Greece’s largest power company, the majority state-owned Public Power Corporation’s (PPC) first half (H1) results for 2020 revealed that revenue fell by 2.4 percent during the quarter. In total, revenues came to 2.25 billion compared to 2.31 billion in H1 2019. Recurring EBITDA came to 457.3

    3%

  8. Trade deficit falls by 17.1 pct in July
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    the total shortfall to 10.42 billion. Imports fell by 14.9 percent, while exports fell by 11.8 percent

    3%

  9. Property e-auctions resume after pandemic hiatus as banks focus on NPLs
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyBanking

    individuals. Of the total, 150 auctions were successfully held while the remaining were postponed

    3%

  10. Greeks suspicious of Covid-19 origins but warming to vaccine, polls show

    Society

    protection, while a total of 25.9 percent felt that masks didn’t or probably didn’t offer protection

    3%