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  1. Travel balance falls by 97.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance fell to 4.6 million euros in April from 31.6 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 97.8 percent year-on-year (YoY). Receipts came to 7.3 million euros for the month, falling by 89.7 percent YoY. Travel payments also

    4%
  2. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    Democracy has hinted heavily that it intends to broaden the scope the parliamentary enquiry

    4%
  3. Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
    Photo by MacroPolis

    EconomyMacroeconomy

    The budget primary balance recorded a deficit of 4.84 billion euros in the first five months of 2020, compared to a surplus of 916 million noted in May 2019, the final Finance Ministry (MoF) budget execution bulletin for May showed on Thursday. The budget for May has been widely considered

    4%
  4. Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to -6.2 in June. Compared to June 2019, consumer confidence has recovered by 14 points. After dropping

    4%
  5. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    amounts to 21 percent of the principal amount and the transaction has a neutral capital impact, NBG

    4%
  6. Overdue social security contributions rise to 36.32 bln in Q1

    EconomyMacroeconomy

    million from 456.9 million in Q4 2019. Overall, KEAO has collected revenues of 6.06 billion since

    4%
  7. Building permits fall by 22.4 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    . Compared to the same month last year, construction confidence has decreased by 0.3 points.

    4%
  8. Primary cash balance deficit at 6.71 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    months of the current year, the PIB balance has worsened by 1.92 billion euros. The budget primary

    4%
  9. The EU decision excluding nuclear and fossil fuels from the Just Transition Fund

    Legal

    of the argument the decision has been warmly welcomed by environmental groups that have been pushing

    4%
  10. Current account shows deficit of 913.9 mln in May as travel receipts evaporate
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 913.9 million euros in May compared to a deficit of 1.13 billion in April, Bank of Greece (BoG) data showed on Monday. In the same month last year, there a surplus of 269.7 million euros, meaning that the balance has worsened by 1.18

    4%