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Trade deficit falls by 17.1 pct in July
EconomyMacroeconomyGreece’s trade deficit fell by 17.1 percent year-on-year (YoY) in July compared to a drop of 10.3 percent in June, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed.
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Data shows export market shake-up amid pandemic
EconomyFeaturesGreece’s exports have been impacted by the pandemic, though not all markets were hit in the same way according to the latest data.
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New data highlights pandemic impact on enterprises as turnover falls sharply
EconomyFeaturesThe Hellenic Statistical Authority (ELSTAT) has released a set of data showing the impact of the coronavirus pandemic on businesses in Greece.
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Trade deficit falls by 10.3 pct in June
EconomyMacroeconomyGreece’s trade deficit fell by 10.3 percent year-on-year (YoY) in June compared to a drop of 47.7 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed.
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R&D and innovation remain low in Greece, OECD finds
EconomyFeaturesThe OECD 2020 report on Greece highlights a persisiting lack of R&D and innovation in the economy and lower productivity compared to other countries.
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Survey shows investor interest remains solid
EconomyFeaturesA survey by Ernst and Young (EY) has revealed that investor interest in Greece has remained steady throughout the coronavirus pandemic.
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Most businesses think two years needed to overcome Covid-19, expect more govt assistance
EconomyFeaturesNaftemporiki newspaper in collaboration with polling company Rass and Forum2020.gr have released a study illustrating the thoughts of businesses on the coronavirus pandemic in Greece.
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek PoliticsAmid considerable fanfare, Prime Minister Kyriakos Mitsotakis oversaw the start of demolition work at the site of the former Athens airport in Hellinikon on Friday, calling it a symbol of the “new Greece.”
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ND braces for deeper economic impact from Covid-19, mulls more assistance
PoliticsGreek PoliticsWith New Democracy and SYRIZA locked in an intense verbal battle over alleged scandals, the impact of the coronavirus on the Greek economy has moved down the political agenda for now.
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Greece issues new 10 yr bond as investor appetite returns
EconomyGreece completed its third market foray for the year by issuing a 10-year bond of 3 billion euros. The coupon was 1.5 pct and the yield settled at 1.57 pct, suggesting a re-offer price of 99.375. The spread was close to 188 basis points.