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

    EconomyBanking

    (NII) in Q1 reached 360 million, flat year-on-year (YoY) and up by 1 percent lower quarter... billion in Q1 and further to 46.4 billion in May. Private sector deposits increased by 1.3 billion up

    3%

  2. Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
    www.mfa.gr

    PoliticsForeign Policy

    proceed normally with its planning, describing the areas up to six nautical miles from Rhodes, Kassos...,” which is a development that would suit Greece. EEZ talks Additionally, Greece is gearing up efforts

    3%

  3. ECB boost for Greek debt as authorities ponder new market foray
    Photo by MacroPolis

    Economy

    key of just above 2 pct, the country was eligible for up to roughly 16 billion euros in the first... member states have raised objections, Athens has been talking up the positive impact that the 32

    3%

  4. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    that up to 40,000 workers in hotel and catering on the island are unemployed, while just 15 percent of hotels plan to open in July. Tourism makes up a substantial part of the regional economy in areas

    3%

  5. ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
    Photo by MacroPolis

    PoliticsGreek Politics

    that if applications do not pick up in July, it could be facing a spike in redundancies due to the poor... to block this effort and cover up the affair, which is centered on the 2012-15 period, when an ND

    3%

  6. More flights land at airports, but tourism expectations remain grounded
    Photo by MacroPolis

    PoliticsGreek Politics

    will boost the scant receipts gained so far this year by the industry. The curtain went up... into autumn, when many businesses in the sector will be looking for state assistance to make up

    3%

  7. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    percent. The average interest rate on overnight deposits placed by households edged up by 1 bps... for a second month. The average interest rate on deposits from households with an agreed maturity of up to one

    3%

  8. Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    the coronavirus flaring up in the coming weeks. Thirty-one new cases of Covid-19 were reported on Sunday... to avoid coming up with a substantial support package for the tourism sector later this year

    3%

  9. Political leaders discuss stance on Turkey, as judicial interference case divides Parliament
    Photo by MacroPolis

    PoliticsGreek Politics

    orchestrated the prosecution of political rivals in the case, a charge which was taken up by ND after coming... a rather undignified spectacle and squandered much of the goodwill and consensus built up during

    3%

  10. PM makes minor changes to cabinet, with focus on handling of EU funds

    PoliticsGreek Politics

    a position that had been vacated recently and to gear the government up for the effective... an already successful” government line-up. They also noted that there was a good mix of ages and backgrounds

    3%