NBG: Liquidity Pressures Dropping in 2021 but Tourism Under Strain

By admin 5 Μαρτίου 2021 No comment

The liquidity gap for Greek businesses will be halved this year with tourism-related activities remaining under strain, said the National Bank of Greece (NBG) in a sectoral report released this week. Source: NBG After taking a blow in 2020 due to Covid-19, 2021 is expected to be a year of gradual recovery for Greek businesses […]

National Bank of Greece Sees Upturn in July-Aug Economic Activity

By admin 25 Σεπτεμβρίου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Economic activity in July and August recorded an upturn with a positive impact of tourism, according to tentative data released by the National Bank of Greece (NBG). More specifically, the number of international arrivals at Athens International Airport in the aftermath of the Covid-19 restrictions slowed down the contraction to -66.2 percent in August from […]

Report: Greek SMEs Feel the Covid-19 Effect

By admin 6 Αυγούστου 2020 No comment

ΤΟΥΡΙΣΜΟΣ

Photo Source: athensattica.com/ The outbreak of Covid-19 impacted Greece’s small and medium-sized businesses (SMEs) as much as the economic crisis in 2009 and the capital controls imposed in 2015, according to a report released this week by the National Bank of Greece. More specifically, the SME confidence index fell in the first half of 2020 […]