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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingbillion euros combined in hospitality and real estate out of a total of 29.6 billion in loans for 2019. From the total, 14.7 billion euros were considered performing, of which 2.2 billion euros were... at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion have already
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Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
EconomyMacroeconomyrestrictions put in place in Greece and elsewhere to contain the coronavirus pandemic. Total exports.... At the same time, total imports reached 3.25 billion euros, a fall of 28.8 percent YoY. BoG noted... of the non-oil balance of goods, while the oil balance deteriorated. Total fell to 9.63 billion
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Current account shows deficit of 913.9 mln in May as travel receipts evaporate
EconomyMacroeconomypandemic. Total imports in May came to 3.18 billion euros, from 5.27 billion in May last year, falling by 39.7 percent YoY. At the same time, total exports reached 1.98 billion euros, a fall of 33.5... in exports. The total balance of goods deficit came to 8.07 billion euros. Exports fell to 11.61 billion
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Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
EconomyMacroeconomyof revenue. Total imports in June came to 3.77 billion euros, from 4.29 billion in June last year, falling by 12 percent YoY. At the same time, total exports reached 2.43 billion euros, a fall of 10.2 percent... of the balance of goods fell, as imports decreased at a faster pace than exports. The total balance
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Alpha Bank posts net profits of 98 mln in Q2
EconomyBankingof the amendments of the Capital Requirements Regulation (CRR) due to the pandemic. The fully loaded total CET1... percent, while NPE coverage increased to 44.4 percent. Total coverage stands at 101.3 percent. NPL... 32.7 percent a year ago. The NPL coverage ratio stood at 64 percent, while total coverage including
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ND clarifies plans for emergency health system capacity as public mood over Covid-19 sours
PoliticsGreek Politics, with 67 patients intubated in ICUs and 3 more deaths bringing the total death toll to 316. More than... a total of 236 new ICU beds to the public health system by year end, largely funded by donations from... employees’ union POEDYN put the estimates lower than official figures, at 607 total ICU beds nationwide
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Health system feeling strain of Covid-19 second wave
PoliticsGreek Politicson Saturday and Sunday, taking the total to 784. As the numbers continue to surge – a trend... briefing on Sunday, the Health Ministry said that there is a total of 1,063 ICU beds across..., only 420 of these total beds are dedicated for treating coronavirus patients. Of these, 259 have
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Newsletter 276 -04/12/2020
. On Thursday, health authorities reported another 100 deaths, taking the total to 2,706, while the number... to material risks that could throw the baseline scenario off track. Of the total stock of 339 billion... was 23 pct. Of the private debt, GGBs were just 13 pct of the total. This is one of the factors
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Current account deficit increases to 767.4 mln in Oct as service surplus shrinks
EconomyMacroeconomymillion last year. Total imports came to 3.95 billion euros, from 4.82 billion last year, while total... to offset the precipitous fall in the services balance that is worse off by 13.57 billion euros. The total... million. The capital account showed a significantly improved surplus of 506.8 million in October, from
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Current account deficit hits €11.2 bln in 2020 after tourism collapse
EconomyMacroeconomyof goods deficit and secondarily by an improvement in the primary income account. The total balance..., down 87.7 percent. Total imports came to 4.33 billion euros, from 4.38 billion last year. At the same time, total exports reached 2.81 billion euros, an increase of 2 percent YoY. In the other
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