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  1. BoG stresses more work needed on NPE reduction, pushes bad bank idea
    Photo via http://www.delphiforum.gr/

    EconomyBanking

    of 2018 stock of 81.8 billion. From its peak in March 2016, NPE stock has dropped by more than a third

    1%
  2. Primary cash balance deficit at 6.71 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    Investment Budget (PIB) balance came to a deficit of 264 million euros, slightly higher than last year’s

    1%
  3. Hoteliers staring at big drop in turnover as liquidity calls grow
    Photo by MacroPolis

    EconomyFeatures

    expected a drop of 56.1 percent, and indicates that the summer season is looking weaker than initially

    1%
  4. Current account shows deficit of 913.9 mln in May as travel receipts evaporate
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    of the balance of goods decreased thanks to a fall in imports at a faster pace than the decline

    1%
  5. Clash over refugees in central Athens prompts warnings of far-right resurgence
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    is unclear, with the ministry claiming up to 11,000 but the programme managers estimating less than

    1%
  6. Athens hoping for de-escalation in Aegean as it seeks pension backpay solution

    PoliticsGreek Politics

    that the situation could flare up by accident rather than design. In response to increased activity from

    1%
  7. Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
    Photo by MacroPolis

    Economy

    , no earlier than 2023.

    1%
  8. Turkey's Aegean moratorium eases tension as Berlin tries to foster talks
    Photo via https://flic.kr/p/2jqJAf9

    PoliticsForeign Policy

    dialogue rather than through threats. Clock ticking It seems Turkey’s moratorium has a specific

    1%
  9. Officials order wider use of masks as upward trend for Covid-19 cases continues
    Photo by MacroPolis

    PoliticsGreek Politics

    is much lower than many other European countries. Nevertheless, officials are concerned

    1%
  10. Experts recommend extensive reforms to overhaul economy amid mixed reception
    Photo by MacroPolis

    PoliticsGreek Politics

    rethinking of the Greek “productive model” is more than timely given the structural problems

    1%