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  1. Newsletter 249 -08/05/2020

    Newsletters

    data from Markit PMI. The headline figure is the worst on record since Markit began its series 21

    13%

  2. Industrial production edges up by 0.6 percent in March
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reading on record in 21 years. In line with the substantial reduction in client demand, backlogs of work

    13%

  3. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ) and extrabudgetary funds (+21 million). Tax refund arrears fell by 22 million, while SSFs declined by 13 million

    13%

  4. Industrial turnover drops by 9.3 pct in March
    Image via www.titan.gr

    EconomyMacroeconomy

    Markit began its series 21 years ago. Finally, according to the European Commission’s economic

    13%

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

    Economy

    than 85 pct of the allocation, with fund managers taking up 59 pct, followed by banks at 21 pct

    13%

  6. 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

    13%

  7. Rise in "imported" Covid-19 cases a source of jitters for tourism industry
    Photo by MacroPolis

    PoliticsGreek Politics

    24 hours, 33 new cases of Covid-19 were recorded in Greece, 21 of which were picked up by testing

    13%

  8. The EU decision excluding nuclear and fossil fuels from the Just Transition Fund

    Legal

    Party (SMWP) on 21 January 2020, during the Croatian Presidency. Detailed examination of the JTF

    13%

  9. OECD advocates closer look at health and capital quality of Greek banks
    Photo via http://www.oecd.org/

    EconomyBanking

    come about in the Greek financial sector. Deposits have increased by 21 pct since 2017, capital

    13%

  10. Greece on alert over Turkish maritime plans, senses EU backing
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    Athens is on alert after Turkey announce plans, via a NAVTEX advisory on Tuesday, for a seismic survey south and east of the Greek island of Kastellorizo between July 21 and August 2. However, diplomatic contacts are being made behind the scenes in a bid to defuse the situation. Germany

    13%