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Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer
EconomyMacroeconomyare reportedly set to be revised downward to 3-3.5 pct, although the market seems to have revised its.... On Wednesday, Prime Minister Kyriakos Mitsotakis indicated that a March 1 reopening is not likely.
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Pandemic raises economic pressure as govt hopes for imminent relief
PoliticsGreek Politics, but 106 higher than a week earlier. On the plus side, Greece surpassed 1 million vaccinations on Thursday and is set to approve the use of the AstraZeneca vaccine for 65s. More than 33,000 vaccinations
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Greece hopes beaches won't be empty again this summer, but vaccination numbers say otherwise
Agoraof April. Two mega-vaccination centres have been set up in Athens and Thessaloniki under... (a little over 550,000 people) are fully vaccinated, and 11.7% (just over 1 million people) have
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Banks tout ambitious NPE plans to return to European mainstream
EconomyBankingGreece’s banks have started what was set to be a difficult year for them by winning plaudits for their progress towards meeting tough goals for reducing the stock of non-performing exposures. Last... its results on March 16. But this is more a reflection on its planned 1 billion-euro share capital
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Ex-PMs engage in public spat, highlighting contrasting approaches to Turkey
PoliticsForeign PolicyMinister in Ta Nea on April 3 previewing his new book titled “The Strategy of Helsinki, 20+1 years... else put forward by Turkey could be negotiated or resolved in court. The precedent set by Helsinki
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Piraeus Bank raises 1.38 bln in share capital increase
EconomyBankingPiraeus Bank completed its 1.38 billion euros share capital increase, pricing its new shares at the top of its initial price offer range. Following a three-day book-building process, Piraeus set... between 1 euro and 1.15 euros. The bank said the offering of 1.2 billion new shares “attracted a broad
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Newsletter 295 - 07/05/2021
, the night-time curfew was extended until 11 p.m., after having been set at 9 p.m. for months. All... dose. Just over 1 million Greeks (9.7%) had received both jabs. Speaking during an online conference
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Mitsotakis and Erdogan break ice, look for calm summer
PoliticsForeign Policyof Macedonia (FFM), saying that while the name deal signed with Greece in 2018 does not clearly set down... 1 par. 3), the shirts should not carry the above acronyms. The “creative ambiguity” around
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Newsletter 301 - 18/06/2021
season approaches its peak and countries will set the conditions for travel to the country. The PBO... percent. On a quarterly basis, the index rose by 1 percent quarter-on-quarter (QoQ). The relevant
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Alpha Bank buoyed by 800-mln-euro share capital raise
EconomyBankingAlpha Bank announced on Friday the successful completion of its 800-million-euro share capital raise, following a three-day book building process, with the price set at 1 euro per share. This is the second systemic bank capital raise after Piraeus Bank last month. It raised 1.38 billion euros
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