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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingfrom this transaction, the reduction was 1 billion euros, mostly led by 600 million euros in write
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomylargely by a 17.6 percent decrease in the mining and quarrying index, followed by a drop of 1 percent
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Greece grapples with second Covid-19 wave as cases soar
Societyand nurseries opened on June 1, a point at which the pandemic was still more or less under control. However
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyof 7.7 billion euros, a sharp drop of 8.7 billion compared to the surplus of 1 billion in the same
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Golden Dawn sentencing excites political controversy
PoliticsGreek Politicsfor between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended if the court
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Bound to lose
Agorabe reduced to between 1 and 5 years or even suspended if the court accepts mitigating circumstances. When
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Insolvency bill debate brings implementation challenges to the fore
PoliticsGreek Politicsto start, rather of January 1. The association argues that two months does not provide a realistic
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyyear’s recovery have been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct
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Economic sentiment dips to 91 in November as consumer confidence continues to slide
EconomyMacroeconomy, the service confidence indicator has worsened substantially by 46.6 points. Retail trade improved by 1 point
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Retail turnover and volume both drop by 3.5 pct in September
EconomyMacroeconomyconfidence has dropped by 41.5 points. Retail trade improved by 1 point month-on-month to -14.3 points
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