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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingof 2018 stock of 81.8 billion. From its peak in March 2016, NPE stock has dropped by more than a third
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Primary cash balance deficit at 6.71 bln in June
EconomyMacroeconomyInvestment Budget (PIB) balance came to a deficit of 264 million euros, slightly higher than last year’s
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Hoteliers staring at big drop in turnover as liquidity calls grow
EconomyFeaturesexpected a drop of 56.1 percent, and indicates that the summer season is looking weaker than initially
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomyof the balance of goods decreased thanks to a fall in imports at a faster pace than the decline
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Clash over refugees in central Athens prompts warnings of far-right resurgence
PoliticsGreek Politicsis unclear, with the ministry claiming up to 11,000 but the programme managers estimating less than
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Athens hoping for de-escalation in Aegean as it seeks pension backpay solution
PoliticsGreek Politicsthat the situation could flare up by accident rather than design. In response to increased activity from
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economy, no earlier than 2023.
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Turkey's Aegean moratorium eases tension as Berlin tries to foster talks
PoliticsForeign Policydialogue rather than through threats. Clock ticking It seems Turkey’s moratorium has a specific
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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek Politicsis much lower than many other European countries. Nevertheless, officials are concerned
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Experts recommend extensive reforms to overhaul economy amid mixed reception
PoliticsGreek Politicsrethinking of the Greek “productive model” is more than timely given the structural problems
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