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  1. Primary cash deficit at 8.10 bln in July

    EconomyMacroeconomy

    that during the first seven months of the current year, the PIB balance has worsened by 2.59 billion euros

    2%

  2. New data highlights pandemic impact on enterprises as turnover falls sharply

    EconomyFeatures

    The Hellenic Statistical Authority (ELSTAT) has released a set of data showing the impact of the coronavirus pandemic on businesses in Greece. ELSTAT said that the data had been collected to show which enterprises suffered most in terms of turnover decrease during the implementation period

    2%

  3. Industrial turnover drops by 3.8 pct in June, slowing from previous months
    Photo by MacroPolis

    EconomyMacroeconomy

    rose by 4.8 points month-on-month to stand at -13.3 points. Year-on-year, industry confidence has

    2%

  4. Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.42 billion euros in June compared to a deficit of 913.9 million euros in May, Bank of Greece (BoG) data showed on Thursday. In the same period last year, the balance showed a surplus of 805.3 million euros, meaning that the deficit has

    2%

  5. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to 27.9 million euros in June from 2.36 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 98.8 percent year-on-year (YoY). Receipts came to 64.3 million euros for the month, falling by 97.5 percent YoY. Travel payments also

    2%

  6. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    sales including some granular sales. In Cyprus and south east Europe, the bank has entered into sale

    2%

  7. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Compared to August 2019, consumer confidence has dropped by 26.8 points. Retail trade fell by 2 points

    2%

  8. Data shows export market shake-up amid pandemic
    Photo by MacroPolis

    EconomyFeatures

    year-on-year (YoY) to 11.10 billion euros. Data from the Hellenic Statistical Authority (ELSTAT) has

    2%

  9. Euroban​k net results show profit of 176 mln in H1
    Photo by MacroPolis

    EconomyBanking

    of 2018, NPE stock has fallen by 10.5 billion euros to stand at 6.2 billion in H1 2020. The NPE ratio

    2%

  10. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    of 6 percent was expected in 2021, lower than the forecast of 7.9 percent in spring. The OECD has

    2%