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  1. Gloomy preliminary results for Aegean as state support talk gathers pace

    EconomyFeatures

    of 56 percent YoY in March. This fully overtook a rise of 11 percent and 7 percent in January... the inclusion of Ryanair. France’s government has pledged 7 billion euros in aid for Air France, while

    7%

  2. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    for the securitisation of the Phoenix and Vega portfolios with a combined value of 7 billion euros... and 7 percent YoY. The cost-to-income ratio (excluding the pandemic-related trading impact) stood

    7%

  3. Apartment prices rise by 6.9 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2019, against an increase of 2 in 2018. Apartments over 5 years old saw prices increase by 7 in 2019... on revised data, apartment prices increased on average by 10.4 percent in Athens, 7 percent

    7%

  4. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    million each) and SSFs (+7 million). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary funds (-4 million). Since the start of the year, total arrears

    7%

  5. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    . Eighteen patients were in ICU, and the seven-day moving average showed 7 cases. Primary schools.... The seven-day moving average had crept from 7 cases 20 days earlier to 18 cases. Attica remained

    7%

  6. School re-opening decisions postponed amid opposition criticism
    Photo by MacroPolis

    PoliticsGreek Politics

    for schools reopening, which had provisionally been set for September 7. In her announcement... on September 1, while the start of the school year is still scheduled for September 7, however

    7%

  7. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    are reflected on the budget. The Commission sees a headline deficit of 7 pct of GDP, with the measures..., the primary balance could be forced to exceed 7 pct of GDP, and a double-digit general deficit.

    7%

  8. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    on the Phoenix and Vega NPE securitisations via the Hercules scheme, which have a total gross book value of 7... percent in Q3 compared to 51 percent a year ago. Recurring staff costs declined by 7 percent YoY

    7%

  9. Govt struggling to keep coronavirus threat at bay
    Photo by MacroPolis

    PoliticsGreek Politics

    An uptick in the number of Covid-19 cases and deaths after a brief lull looks likely to put off any plans to end the national lockdown on December 7 as the opposition piles more pressure... stretched, another extension to the national lockdown, beyond December 7, seems likely. Ideally

    7%

  10. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    securitizations, with 7 billion total gross book value, in Q2, further decreasing the NPE stock of the Group. Pro... euros in Q1 2020. Net fee and commission income in Q1 increased by 7 percent year-on-year (YoY

    7%