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Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
EconomyMacroeconomy, followed by clothing and footwear (+3 percent), automotive fuel (+2.2 percent) and supermarkets..., consumer confidence has shown an improvement of 28.5 points. Retail trade rose by 6 points month
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Overall loan interest edged up to 4.36 pct in January
EconomyMacroeconomyon housing loans at a floating rate dropped by 6 bps to 2.72 percent. The average interest rate on corporate... the corresponding rate on loans to sole proprietors decreased by 3 bps to 6.73 percent. Corporate loans
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsestimate that 8 in 10 salaried staff will be eligible and 3 in 4 self-employed and freelancers... in order to prevent the coronavirus spreading is costing the budget 6 billion euros a month. Spending has
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Economyenvironment, with the IMF seeing a global recession of 3 pct, a revision from the pre-crisis levels of 6
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomycategories, a rise of 405 million euros was seen in T-bills, making up 3 percent of the total. EFSF/ESM... entities edged down by 6 million month-on-month, while non-gg entities fell by 34 million. With bank
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingof 416 million on 486 million of total Q1 provisions. Core pre-provision income (PPI) fell by 6 percent...) and intermediation fees (+25.9 percent YoY). Operating expenses came to 207 million, up by 3 percent YoY
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Survey shows investor interest remains solid
EconomyFeatures, 4 percent say they will reduce them, 3 percent that they will strengthen them and only 6 percent
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Accused of U-turn over extension of territorial waters at home, ND steps up diplomatic drive abroad
PoliticsGreek Politicsthat his government would be tabling a motion to extend the country’s territorial waters to the west from 6... said amounted to an exercise of Greece’s inalienable sovereign right according to article 3
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesa downward trend, shrinking by -3 percent in 2017 and -2.8 percent in 2018). In addition, as a lasting..., followed by Turkish nationals who make up around 9 percent and Russian nationals with 6 percent
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomyto 9 pct of GDP this year and recover to 3 pct in 2021, towards a more stable path in the 2022 to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year
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