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  1. Primary cash balance deficit at 378 mln in February

    EconomyMacroeconomy

    of the current year, the PIB balance has worsened by 248 million euros. The preliminary Finance

    2%

  2. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    The Hellenic Chamber of Hotels (HCH) has released a survey showing the first estimations of the impact on Greece’s hotel industry due to the coronavirus epidemic. The survey was carried out by the Institute for Tourism Research and Forecasting on behalf of the HCH from the end of February to mid

    2%

  3. More restrictions on way as Athens revels in ECB decision
    Photo by MacroPolis

    PoliticsGreek Politics

    -off, emergency scheme rather than a regular ECB QE programme. Also, the fact that New Democracy has

    2%

  4. Current account shows deficit of 1.29 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.29 billion euros in January, from a deficit of 540.3 million in December, according to Bank of Greece (BoG) data released on Friday. In the same period last year, the deficit was 1.18 billion euros, meaning that the deficit has worsened

    2%

  5. Industrial turnover rises by 5.7 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to stand at 4.5 points. Year-on-year, industry confidence has risen by 5.7 points.

    2%

  6. PM joins forces with some eurozone partners to lobby for "corona-bond"

    PoliticsGreek Politics

    is willing to confront Chancellor Merkel and the government in Berlin, with whom he has been trying

    2%

  7. Budget primary surplus confirmed at 831 mln in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    figure has increased by 14.6 percent. Overall, net revenues amounted to 7.56 billion euros

    2%

  8. Greece braces for recession, hopes to bounce back from summer onwards
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    , for example, the traffic at Athens International Airport has dropped by 72 pct. The cost of the crisis

    2%

  9. Alpha Bank posts net profits of 97.1 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    Neptune is further along the process. The bank noted that the coronavirus crisis has decreased

    2%

  10. Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
    Photo by MacroPolis

    EconomyBanking

    for its online banking service, while overall digital traffic has increased. Online banking

    2%