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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. Building permits increase by 10.2 pct in March

    EconomyMacroeconomy

    in August 2011. Compared to the same month last year, construction confidence has decreased by 19.8

    2%

  8. PM declares tourism season open, rules out new lockdown
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    of a rise in coronavirus cases in Greece, where the number of deaths linked to the illness has

    2%

  9. ​Turnover in services shows deterioration in Q1
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    has worsened by 47.6 points. The services indicator is at its lowest since August 2015 when

    2%

  10. Majority of Greeks report financial hardship due to Covid-19
    Photo by MacroPolis

    Society

    A special white paper by Intrum examining the impact of the coronavirus pandemic on households has found that Greeks are coming under increasing financial pressure as a result of the lockdown. To look at the effects of the crisis on European consumers, Intrum surveyed 4,800 people across 24

    2%