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BoG governor renews calls for launch of bad bank and ESM use
EconomyBankingBank 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
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Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politicsand that, as such, it is in a strong position to receive tourists safely over the coming months. Greece has started to make
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Athens welcomes volume, form of Commission's pandemic recovery plan
Economyeuros, mainly in the form of grants funded via joint debt issuance,” he said. “The bar has been set
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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBanking. The bank has booked 120 million in Covid-19 provisions above underlying loan losses with Q1 2020 CoR
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Eurobank net profits at 56.8 mln in Q1
EconomyBankingon fee and commission income. The bank has also instated payment moratoria for a number of eligible
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Lockdown reduced spread of Covid-19 by 80 pct, research indicates
SocietyGreece’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
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April drop of 9.9 pct for industrial production largest since 2011 as virus takes toll
EconomyMacroeconomymonth-on-month to stand at -15.4 points. Year-on-year, industry confidence has fallen by 15.2 points
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Greek-Italian sea borders, EEZ pact ties up loose end but also carries wider significance
PoliticsForeign Policy, which has now been updated to include new delimitations in regard to their EEZ. By signing the agreement
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Building permits increase by 10.2 pct in March
EconomyMacroeconomyin August 2011. Compared to the same month last year, construction confidence has decreased by 19.8
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PM declares tourism season open, rules out new lockdown
PoliticsGreek Politicsof a rise in coronavirus cases in Greece, where the number of deaths linked to the illness has
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