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  1. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    losses of revenue between 1 and 12 billion euros, equally split between large corporations and SMEs... from the European Stability Mechanism as this would only make 4 billion euros available and would come

    21%

  2. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    as well. All three portfolios have received binding offers. P&L Net interest income (ΝΙΙ) fell by 4... lending fees, as disbursements towards Greek corporates accelerated to 1 billion in the quarter

    21%

  3. More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
    Photo by MacroPolis

    PoliticsGreek Politics

    they pre-paid, a measure for which the government has set aside 1 billion euros as it tries to boost... estimate that 8 in 10 salaried staff will be eligible and 3 in 4 self-employed and freelancers

    21%

  4. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    , with the consumer price index in negative territory of -0.5 pct. It is due to grow by 1 pct in 2021... previous estimates of a more modest recession in the area of 4 pct. Alternate Finance Minister

    21%

  5. Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown
    Photo by MacroPolis

    PoliticsGreek Politics

    of stay-at-home orders on May 4, a number of large outdoor gatherings have been reported... earlier than the scheduled date of June 1, in order give an outlet to the crowds congregating in public

    21%

  6. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    (NII) in Q1 reached 360 million, flat year-on-year (YoY) and up by 1 percent lower quarter..., the bank said that it had loans under payment moratoria totalling 4 billion euros, which had been

    21%

  7. ECB boost for Greek debt as authorities ponder new market foray
    Photo by MacroPolis

    Economy

    benchmark yield climb close to 4 pct in mid-March. It had been trading at below 1 pct for most

    21%

  8. Greece issues new 10 yr bond as investor appetite returns
    Photo by MacroPolis

    Economy

    despite its attractive terms, for which Greece is eligible for roughly 4 billion euros. The offer... on the T-bills rollovers. Today it is set to auction a 52-week T-bill for an initial amount of 1

    21%

  9. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    budget (-7 million) and extrabudgetary funds (-4 million). Since the start of the year, total arrears...), extrabudgetary funds (+24 million) and SSFs (+1 million). Drops were seen in tax refunds (-91 million

    21%

  10. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    starting from May 4, when citizens no longer needed to declare their reason for leaving home. Further... and nurseries opened on June 1, a point at which the pandemic was still more or less under control. However

    21%