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  1. Travel balance falls by 53.6 pct in March
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance fell to 31.6 million euros in March from 68.1 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 53.6 percent year-on-year (YoY). Receipts came to 92.1 million euros for the month, falling by 71 percent YoY. Travel payments also

    2%

  2. BoG governor renews calls for launch of bad bank and ESM use
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    Bank of Greece governor Yannis Stournaras has reiterated calls for the immediate implementation of Greece’s bad bank to deal with the reduction of NPEs. Speaking before a parliamentary committee, Stournaras said that plans for the bad bank should be progressed immediately, as such solutions

    2%

  3. Govt pushes tourism message, digests EU stimulus proposal
    Photo by MacroPolis

    PoliticsGreek Politics

    and that, as such, it is in a strong position to receive tourists safely over the coming months. Greece has started to make

    2%

  4. Athens welcomes volume, form of Commission's pandemic recovery plan

    Economy

    euros, mainly in the form of grants funded via joint debt issuance,” he said. “The bar has been set

    2%

  5. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    . The bank has booked 120 million in Covid-19 provisions above underlying loan losses with Q1 2020 CoR

    2%

  6. Eurobank net profits at 56.8 mln in Q1
    Image via www.eurobank.gr

    EconomyBanking

    on fee and commission income. The bank has also instated payment moratoria for a number of eligible

    2%

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

    EconomyBanking

    loans to BC Partners-owned United Group has been completed. The bank is continuing with preparations

    2%

  8. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    Greece’s early and aggressive tackling of the coronavirus pandemic in the country led to a drop in transmissions by 81 percent, a new research paper has shown. The research team includes contributions from the leading voice in the country’s response, Professor Sotiris Tsiodras. It showed

    2%

  9. April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
    Photo by MacroPolis

    EconomyMacroeconomy

    month-on-month to stand at -15.4 points. Year-on-year, industry confidence has fallen by 15.2 points

    2%

  10. Greek-Italian sea borders, EEZ pact ties up loose end but also carries wider significance
    Photo via https://flic.kr/p/2jag5de

    PoliticsForeign Policy

    , which has now been updated to include new delimitations in regard to their EEZ. By signing the agreement

    2%