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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. Retail turnover up by 10.1 pct in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    -on-month and came to -16.5 in March. Compared to March 2019, consumer confidence has shown

    2%

  9. OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP
    Photo by MacroPolis

    Economy

    and house purchases, restaurants and cinemas that are shut, non-essential construction work that has

    2%

  10. Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s manufacturing PMI dropped to 42.5 points in March from 56.2 points in February, according to the latest data from Markit PMI. The data indicates that the Greek manufacturing sector has been impacted significantly by the spread of the coronavirus. Markit indicated that the headline figure

    2%