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  1. Current account shows deficit of 1.14 bln in February
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    rose by 24.6 percent YoY. Travel payments came to 166.7 million, up by 1 percent. Total exports.... At the same time, total imports reached 4.32 billion euros, a rise of 1.3 percent YoY. On an aggregate... to the improvement of the non-oil balance of goods, while the oil balance increased by 11.8 percent YoY. Total

    5%

  2. Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
    Photo by MacroPolis

    EconomyBanking

    to normal operations as soon as possible. A total of 25 billion euros in loans, guarantees and subsidies.... Of the total, around 18 billion euros will be used to support businesses and 7 billion... releases 3 billion funds from the banks, which upon leveraging will total 30 billion. Minister

    5%

  3. Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
    Image via www.moh.gr

    EconomyMacroeconomy

    . Travel payments came to 60.5 million, down 75.7 percent. Total exports in March came to 2.40 billion euros, from 2.70 billion last year, falling by 11 percent YoY. At the same time, total imports reached... in turn. Total exports rose to 7.65 billion, a slight decrease of 0.6 percent. Imports decreased by 3.3

    5%

  4. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    billion euros combined in hospitality and real estate out of a total of 29.6 billion in loans for 2019. From the total, 14.7 billion euros were considered performing, of which 2.2 billion euros were... at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion have already

    5%

  5. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    restrictions put in place in Greece and elsewhere to contain the coronavirus pandemic. Total exports.... At the same time, total imports reached 3.25 billion euros, a fall of 28.8 percent YoY. BoG noted... of the non-oil balance of goods, while the oil balance deteriorated. Total fell to 9.63 billion

    5%

  6. 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

    pandemic. Total imports in May came to 3.18 billion euros, from 5.27 billion in May last year, falling by 39.7 percent YoY. At the same time, total exports reached 1.98 billion euros, a fall of 33.5... in exports. The total balance of goods deficit came to 8.07 billion euros. Exports fell to 11.61 billion

    5%

  7. Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of revenue. Total imports in June came to 3.77 billion euros, from 4.29 billion in June last year, falling by 12 percent YoY. At the same time, total exports reached 2.43 billion euros, a fall of 10.2 percent... of the balance of goods fell, as imports decreased at a faster pace than exports. The total balance

    5%

  8. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    of the amendments of the Capital Requirements Regulation (CRR) due to the pandemic. The fully loaded total CET1... percent, while NPE coverage increased to 44.4 percent. Total coverage stands at 101.3 percent. NPL... 32.7 percent a year ago. The NPL coverage ratio stood at 64 percent, while total coverage including

    5%

  9. ND clarifies plans for emergency health system capacity as public mood over Covid-19 sours
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    , with 67 patients intubated in ICUs and 3 more deaths bringing the total death toll to 316. More than... a total of 236 new ICU beds to the public health system by year end, largely funded by donations from... employees’ union POEDYN put the estimates lower than official figures, at 607 total ICU beds nationwide

    5%

  10. Health system feeling strain of Covid-19 second wave
    Photo by Natasha Pantazopoulou/Fosphotos

    PoliticsGreek Politics

    on Saturday and Sunday, taking the total to 784. As the numbers continue to surge – a trend... briefing on Sunday, the Health Ministry said that there is a total of 1,063 ICU beds across..., only 420 of these total beds are dedicated for treating coronavirus patients. Of these, 259 have

    5%