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Political leaders discuss stance on Turkey, as judicial interference case divides Parliament
PoliticsGreek Politicswas required to deter Turkey from undertaking hydrocarbon explorations on the Greek continental shelf
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Disposable income falls by 0.4 pct YoY in Q1, final consumption down by 0.5 pct
EconomyMacroeconomyGreek household disposable income fell by 0.4 percent year-on-year (YoY) in the first quarter (Q1) of 2020, decreasing from the rise of 0.2 percent noted in Q4 2019, according to Hellenic Statistical Authority (ELSTAT) data released on Friday. The YoY change in disposable income has once more
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Deposits rise by 448 mln in June
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 448 million euros in June, declining from inflows of 1.71 billion in May, Bank of Greece (BoG) figures revealed on Monday. The outstanding balance of private sector deposits increased to 148.55 billion euros, reflecting savings
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Credit contraction in June comes to 0.4 pct
EconomyMacroeconomyCredit movement in the Greek private sector contracted by 0.4 percent in June after an increase of 0.7 percent in May, Bank of Greece (BoG) figures showed on Monday. The outstanding balance increased to 147.60 billion euros. The fall interrupts three consecutive rises in as many months. The net
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Tourism numbers continue to worsen as worries grow over second Covid-19 wave
EconomyFeaturesAs Greece moves into its summer high tourism season, the industry continues to warn of a lost summer in terms of revenue, as cautious tourists stay away. According to an index set up by the Hellenic Chamber of Hotels (HCH) that monitors 500 hotels across Greece, occupancy rates in Greek hotels
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Episode 8 - Athens: An ancient city grappling with modern problems
AgoraIn this episode, we take to the streets of our home city, Athens, to get an idea of what interventions would improve life in the Greek capital. Our producer Phoebe Fronista speaks to MacroPolis features writer Georgia Nakou about the Great Walk, a pilot scheme introducing pedestrian walkways
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VIDEO - How could Greece put the EU recovery fund to best use?
Agoranewsletter on Greek macroeconomics. The topic of discussion is how Greece can make best use
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingbank for the benefit of our shareholders, employees and the Greek economy, and we remain committed
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Newsletter 261 -07/08/2020
client demand. Optimism from Greek manufacturers fell in turn on the back of reduced client demand
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Banks step up securitisation drive following pandemic interruption
EconomyBankingHaving experienced a setback earlier in the year, when the pandemic broke out and led to reconfiguration of the plans on securitisations, Greek systemic banks are accelerating their efforts to catch up for lost time in restoring the health of their balance sheets. Eurobank was at the most advanced
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