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  1. 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

    11%

  2. 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

    11%

  3. April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct

    EconomyMacroeconomy

    and assessed taxes). State budget total revenues amounted to 3.26 million euros, 1.16 million euros... the coronavirus pandemic. State budget total revenues stood at 15.43 billion euros, lower than the target..., interest payments stood at 2.50 billion. During the first four months of the year, total expenditure came

    11%

  4. Alpha Bank posts net loss of 10.9 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    percent, while total coverage including collateral came to 117 percent. Regarding the auctions... to the absence of notaries. A total of 412 auctions were held in Q1 compared to 1,782 in Q4 2019... in Q1. The fully loaded total CET1 stood at 14 percent compared to 14.9 percent in Q4. The bank’s

    11%

  5. Building permits increase by 10.2 pct in March

    EconomyMacroeconomy

    percent in February, Hellenic Statistical Authority (ELSTAT) data released on Friday showed. The total... months of the year, building permits rose by 42.7 percent. Total permits in the aggregate period... the coronavirus take hold. Total permits for 2019 came to roughly 82 percent lower than the 2005 peak

    11%

  6. Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    employed, bringing the total to 3.85 million. The largest increase in employment in Q1 compared... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long... are concentrated in six economic sectors - wholesale and retail trade (18.3 percent of total

    11%

  7. 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

    11%

  8. ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    for children and 16.2 percent overall. In 2009, the rate was 11.9 percent for children. Among the total... of the total population, a drop of 1.8 percentage points (pps) compared to 2018. The risk of poverty... (including pensions) represent 31.6 percent of total disposable income of the country’s households

    11%

  9. Newsletter 255 -26/06/2020

    Newsletters

    percent to zero arrivals. In total, arrivals from the EU 27 countries fell by 87.5 percent YoY... showed a decrease of 35 percent to 943,500. In total, arrivals showed a drop of 36.1 percent... of the coronavirus pandemic. During the first five months of the year, total expenditure came

    11%

  10. Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    to Greece. No new deaths from the virus were announced on Sunday, meaning the total number of people who.... During the first 10 days in July, 196 cases related to travel were recorded out of 326 in total. This was more than 60 pct of the total. The equivalent percentage in the last 10 days of June was just

    11%