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  1. BoG governor renews calls for launch of bad bank and ESM use
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    of capital per one unit of NPE reduction is lower via the bad bank than via securitisations. Stournaras

    1%
  2. Govt pushes tourism message, digests EU stimulus proposal
    Photo by MacroPolis

    PoliticsGreek Politics

    billion euros in grants (more than 10 pct of annual Greek GDP) and 9.4 billion euros in loans

    1%
  3. NBG results show net profits of 409 mln euros on strong trading income in Q1
    Image via www.nbg.gr

    EconomyBanking

    , the bank said. Covid 19 Regarding the impact of the coronavirus, the bank noted that less than 20

    1%
  4. EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    available will more than make up for the damage the pandemic has inflicted on the Greek economy

    1%
  5. Newsletter 253 -05/06/2020

    Newsletters

    on how to protect staff. the government’s own figures, fewer than half of state school pupils

    1%
  6. Turnover in tourism drops by 6.5 pct in Q1, reflecting hotel closure impact
    Photo by MacroPolis

    EconomyMacroeconomy

    to 1.3 percent for the year, lower than the average increase noted in 2018 which came to 7.6 percent

    1%
  7. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    factor behind Greece slipping into recession, rather than the impact of the coronavirus. The SYRIZA

    1%
  8. Release of refugees creates new difficulties for minister
    Photo by MacroPolis

    PoliticsGreek Politics

    people. More than a third (37 percent) of those receiving assistance were Syrians, followed

    1%
  9. Newsletter 254 -19/06/2020

    Newsletters

    . State budget expenditures for the five-month period was higher than the same period last year by 1.58

    1%
  10. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , as imports decreased faster than exports. The deficit for the balance of goods came to 1.27 billion euros

    1%