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Banks look for way forward as economic shutdown takes its toll
EconomyBankingin the scheme has temporarily halted after a strong launch. On the same day that Greece’s first coronavirus... when Greece’s lockdown will end. The latest report by the Moody’s Investor Service has warned... the decline in NPLs has been significant across the last few quarters, this trend would freeze going
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Roadmap leading out of lockdown pondered by ND as SYRIZA takes aim at media
PoliticsGreek Politicson movement are set to expire, its plans for starting to lift the lockdown that has been in place since... the lowest in the EU. Also, the National Centralised Procurement Agency (EKAPY) has set up a digital... of the media, across all forms, has a pro-government stance, which is likely to solidify as a result
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As plan to ease lockdown progresses, politics turns to non-coronavirus issues
PoliticsGreek PoliticsKyriakos Mitsotakis admitted in his interview with Kathimerini last weekend that Covid-19 has prompted him... support and security. This is one of the areas that SYRIZA, which has already accused Mitsotakis of not being bold enough in the emergency economic support measures he has announced, is likely to try
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Disposable income edges up by 0.2 pct YoY in Q4, final consumption up by 2.7 pct
EconomyMacroeconomyto Hellenic Statistical Authority (ELSTAT) data released on Friday. The YoY change in disposable income has.... Employee compensation has fallen by 4.2 percent since 2012. Property income rose by 17.2 percent YoY to reach 332 million. Since 2012, property income has declined by 53.4 percent. Household final
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economyoutlook. Outside of its regular rating cycle on Thursday night Fitch has also revised the outlook... and the current level of rating. According to S&P, Greece has one of the most advantageous debt... loans on the books, bad loans are expected to rise again this year. That said, the SSM has provided
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Government extends pandemic support package amid opposition criticism
PoliticsGreek Politicsand the economic front. The government has been under pressure to offer more clarity on the duration.... There has also been increasing anxiety about the fate of the tourism sector, with the prospect... already attracted controversy, and the latest development has prompted renewed calls for its withdrawal.
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyhas not shown any goodwill, whereas Athens is trying to make contact as a “follow up... Marshal Khalifa Haftar, who is supported by Russia, is something that has not gone unnoticed by Greece.... Athens has invested a lot in this operation in order to enforce its presence in the sea area disputed
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Turkey continues Aegean jostling as Athens sends envoy to Syria, renews backing for Western Balkans
PoliticsForeign Policyis setting up for Greece. Greece has sovereign rights: It has a right to defend these as well as its... recognized Kosovo, Greece has always supported the Western Balkans’ EU integration. Last February
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Turkey ramps up rhetoric, Greece strengthens presence at Evros border
PoliticsForeign Policyof diplomatic initiatives that Athens has recently undertaken to enhance its presence in the wider Eastern.... It was the first time the United Arab Emirates participated in such a multilateral gathering. The UAE has... has also condemned the two memorandums of understanding signed in November 2019 between Ankara and UN
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Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation
PoliticsGreek Politicshas not yet clarified if primary schools will re-open, a move that most Greeks appear to oppose... of tourism-related activity during the high season, the newspaper reported. The government has also... of the tourism season. Reshuffle rumours In political and media circles, substantial attention has also been
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