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Deposits rise by 1.72 bln in May
EconomyMacroeconomycombined with savings inflows of 3.46 billion, which offset time outflows of 2.09 million. Total
4% -
BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingcombined with concern over the quality of banks capital base due to high reliance on deferred tax
4% -
Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economyto 3.4 pct from 1.4 pct of GDP last year. Outlook Fitch notes that the factors that could lead combined
4% -
Deposits rise by 448 mln in June
EconomyMacroeconomyis attributed to sight inflows of 4.52 billion combined with savings inflows of 3.76 billion, which offset
4% -
Authorities set to announce new measures as domestic Covid-19 cases rise
PoliticsGreek PoliticsThe rise in new daily cases of Covid-19 in Athens and other urban centres over recent days, combined with evidence that hygiene guidelines are being widely flouted, is leading the government to warn that a tightening of measures is imminent. As the summer tourism season progresses, and the rate
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Newsletter 260 -31/07/2020
the longest across all countries rated by Fitch. Fitch notes that the factors that could lead combined
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Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingis continuing with preparations for the securitisation of the Phoenix and Vega portfolios with a combined value
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Banks step up securitisation drive following pandemic interruption
EconomyBankingfor a combined value of 10.8 billion euros, slightly narrower in scope from the initial 12 billion
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Grim picture in labour market obliges govt to provide more job support schemes
EconomyFeaturesbillion euros in tourism revenues have been wiped out in the first six months of the year. Combined
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Bank deposits rise by 3.32 bln in July
EconomyMacroeconomyis attributed to sight inflows of 6.58 billion combined with savings inflows of 4.34 billion, which
4%