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Retail turnover drops by 5.3 pct in May, volume drop​s by 5.8 pct
EconomyMacroeconomyequipment and household equipment (+5 percent) and pharmaceutical products and cosmetics (+1.6 percent... by the European Commission showed that consumer confidence deteriorated by 7 points month-on-month and came
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Newsletter 262 -04/09/2020
for 2021 the 7 billion euros of stimulus measures adopted so far this year. Also, to avoid putting... balance is expected to show a deficit of at least 5 pct of GDP because of the impact from
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Banks remain largely profitable in Q2, with focus on NPL reductions
EconomyBankingportfolios with a combined value of 7 billion euros. After reporting results, the bank announced... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had
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Mitsotakis seeks to reassure on foreign policy, spending plans
PoliticsGreek PoliticsFrance in 2021. Kathimerini reported on Tuesday that an extra 5 billion euros is due to be spent... at close to 7 billion euros. The costliest intervention is the return of tax prepayments, with the third
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Credit growth in September up by 2.4 pct as business lending picks up
EconomyMacroeconomy. In consumer credit, inflows of 5 million euros were noted, increasing from outflows of 7 million euros
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingof privatising the bank will be accelerated. The bank is already lining up the securitisation of 7 billion euros of NPEs through two portfolios: Phoenix, which is worth 5 billion, and Vega for 2 billion
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It's the hope that kills you
Agoraintakes of 5 billion euros for the season. Greece did not demand a negative PCR test from visitors... other day, before being forced into another general lockdown as of November 7. Deaths have risen
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Newsletter 274 -20/11/2020
as December 7, a week after the scheduled end of the lockdown, followed by retail on December 14... by 9 pct this year and recovering by 5 pct in 2021. It is noted though that the cut-off date for those
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomy5 billion in 2020 and 12 billion over the 2022-25 period, which includes the 15.7 billion... between 2021 and 2029 would raise debt-to-GDP by 7 percentage points. A more severe scenario
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Athens poised for new round of talks with Turkey
PoliticsForeign Policy. Additionally, Turkey rejected the proposal for the talks to take place on March 3 or 5. Instead, it issued... until March 7. It was a Turkish initiative to propose the date of March 16 just 10 days before
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