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  1. Budget primary surplus at 4.96 bln in Dec, beating annual target

    EconomyMacroeconomy

    euros, very slightly below target by 7 million euros. The monthly primary balance for December came... revenues came to 60.07 billion euros, higher than the target by 7 million euros. The full revenue

    7%

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

    EconomyBanking

    . Of the total, around 18 billion euros will be used to support businesses and 7 billion... around 7 billion euros as well under the government's plans. Guarantees of 2 billion euros

    7%

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

    EconomyBanking

    at a total of 24 billion euros, combining fiscal measures and guarantees, of which 7 billion have already been spent. Liquidity to businesses will be provided through a range of schemes, including 7 billion

    7%

  4. Gloomy preliminary results for Aegean as state support talk gathers pace

    EconomyFeatures

    of 56 percent YoY in March. This fully overtook a rise of 11 percent and 7 percent in January... the inclusion of Ryanair. France’s government has pledged 7 billion euros in aid for Air France, while

    7%

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

    EconomyBanking

    for the securitisation of the Phoenix and Vega portfolios with a combined value of 7 billion euros... and 7 percent YoY. The cost-to-income ratio (excluding the pandemic-related trading impact) stood

    7%

  6. Apartment prices rise by 6.9 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in 2019, against an increase of 2 in 2018. Apartments over 5 years old saw prices increase by 7 in 2019... on revised data, apartment prices increased on average by 10.4 percent in Athens, 7 percent

    7%

  7. Newsletter 260 -31/07/2020

    Newsletters

    is around 7 percent. The bank sees some encouraging signs from the reopening of retail stores in May... deteriorated by 7 points month-on-month and came to -34.7 in July. Industry confidence rose by 4.8 points

    7%

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

    EconomyMacroeconomy

    million each) and SSFs (+7 million). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary funds (-4 million). Since the start of the year, total arrears

    7%

  9. Newsletter 261 -07/08/2020

    Newsletters

    with a rise of 94 million euros. This was followed by tax refunds (+78 million each) and SSFs (+7 million). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary

    7%

  10. School re-opening decisions postponed amid opposition criticism
    Photo by MacroPolis

    PoliticsGreek Politics

    for schools reopening, which had provisionally been set for September 7. In her announcement... on September 1, while the start of the school year is still scheduled for September 7, however

    7%