Economic sentiment rises above 111 pts in July but consumer confidence drops further
Led by corporate lending, credit continues to grow with 2.3 pct rise in June
Deposits jump by 1.62 bln in June, led by savings
Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
Budget primary deficit reaches 9.09 bln for H1, up almost 3 bln on 2020
Travel balance increases more than eightfold in May from last year’s lockdown
Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
With Greece having completed two weeks of general lockdown and as Covid-19 data continued to cause alarm, Finance Minister Christos Staikouras tabled to Parliament on Friday the final 2021 budget, which was substantially revised from the draft document submitted at the start of October.
The impact and the ferocity of the second wave is reflected both on the macro and fiscal data for this year and next.
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