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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingin Q4 with a cost of risk of 242 bps. During 2020, loan impairments amounted to 1.07 billion. NBG’s... to a improvement of the bank’s blended funding cost to nearly zero Q4 (7bps), compared with 41bps
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Has external competitiveness been fixed in Greece?
Agoradeficit is down to a moderate number. But look at what cost this achievement came to domestic equilibrium... to squeeze out the very large current account deficit. But this demand restraint cost jobs, and a lot
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agoraon grounds of cost or of practicality, preferring to wait instead for cheaper, more flexible formulations... to be within reach. Regular procedures of vaccination Vaccination is provided free of cost on the national
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SYRIZA targets middle class with own plan for post-pandemic economic rebound
PoliticsGreek Politicsargued that SYRIZA’s plan would cost less than 6 billion euros and would help get these businesses... that at a conservative estimate, SYRIZA’s package of measures would cost 15 billion euros. He argued
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Turkey: Multiple policy challenges from all directions
Agoraby the government due to the related economic cost. Apart from its detrimental impacts on the country’s healthcare... – a development that could cost Turkey 500,000 tourists. Russians are normally the largest number
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Newsletter 293 - 16/04/2021
and Resilience Plan. He argued that SYRIZA’s plan would cost less than 6 billion euros and would help get... that at a conservative estimate, SYRIZA’s package of measures would cost 15 billion euros. Recent opinion
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Newsletter 294 - 23/04/2021
. Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop to 200 million annually from next year. The fiscal cost of lower social insurance contributions
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PM banks on firms bouncing back after lockdown as SYRIZA decries immunity for Covid panel
PoliticsGreek Politicsis also being extended into 2022. Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop to 200 million annually from next year. The fiscal cost of lower social
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PMI rises to 54.4 points in April, highest since February 2020
EconomyMacroeconomy. Manufacturers registered the sharpest increase in cost burdens on record in April due to raw material shortages, while additional transportation fees were also linked to the rise in cost inflation. Companies
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Stability Programme reflects subdued expectations for 2021, high hopes for 2022 onwards
EconomyMacroeconomythan the measures adopted in 2020. The fiscal cost of the measures this year will be 8.3 pct of GDP... package in 2020 – 2022 comes close to a quarter of GDP, or 40.7 billion euros. The actual fiscal cost
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