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  1. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    by 1 bps month-on-month to 3.72 percentage points. The average interest rate on consumer loans without... percent. The average interest rate on overnight deposits placed by households edged up by 1 bps

    14%

  2. General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    governments by 1 million. No month-on-month change was seen in extrabudgetary funds and SSFs rose by 14.... In other underlying categories, a rise of 1 billion euros was seen T-bills bringing the total to 11.61

    14%

  3. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    the single hit scenario, Greece’s employment growth is set to fall by 3.5 percent this year and by 1... that unemployment is set to rise under three scenarios presented. Scenario 1 anticipates a GDP

    14%

  4. Contribution made by privatisations to GDP since 2010 underlined in new study
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    found that privatisations added 1 billion euros annually to Greece’s GDP over the period in question... be attributed to privatisations, suggesting that for each 1 euro of privatisations revenue an added 1.02

    14%

  5. Officials order wider use of masks as upward trend for Covid-19 cases continues
    Photo by MacroPolis

    PoliticsGreek Politics

    between July 1 and 26. Of those, 171,138 were tested, yielding 344 positive results. Given... from August 1. The announcement left many observers perplexed given that the global cruise industry

    14%

  6. Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates

    PoliticsGreek Politics

    came to power last summer, before being properly activated on January 1 this year. However, the lack..., from 10 on August 1. According to the CORE model (Covid-19 Risk Evaluation), which is run

    14%

  7. Greece's post-lockdown hubris
    Photo by MacroPolis

    Agora

    . On August 1, the 7-day average of new daily cases exceeded 50 for the first time since the height... by the opposition and civil society groups, however one calculation suggested that only 1 percent of the money

    14%

  8. Central government debt increases by 1.04 bln to 362.87 bln in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    showed that long-term (over 5 years) debt made up 76.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.6 and 11 percent of the total figure

    14%

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

    PoliticsGreek Politics

    on September 1, while the start of the school year is still scheduled for September 7, however...” if the circumstances are not right. The final decision on the date has been postponed to September 1. Kerameus appealed

    14%

  10. Euroban​k net results show profit of 176 mln in H1
    Photo by MacroPolis

    EconomyBanking

    the same period from 86.5 percent in H1 2019. Capital The phased-in Common Equity Tier 1 (CET1) ratio came... 1 ratio reached 11.2 percent in H1 from 13.7 percent in the same period last year. Covid-19 support

    14%