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  1. Newsletter 241 - 28/02/2020

    Newsletters

    , some of which were destined for the port of Piraeus. Shipping makes up 7 percent of Greek GDP

    6%
  2. Credit contraction at 0.7 pct in Feb, balance at 153.74 bln

    EconomyMacroeconomy

    million euros. This took the balance to 69.25 billion euros. In consumer credit, slight outflows of 7

    6%
  3. Economic sentiment at 109.4 in March
    Photo by MacroPolis

    EconomyMacroeconomy

    -on-year, industry confidence has risen by 5.3 points. The services index decreased by 7 points month

    6%
  4. Retail turnover up by 10.1 pct in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    ), clothing and footwear (+11.7 percent) automotive fuel (+7 percent) and supermarkets (3.9 percent

    6%
  5. Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
    Photo by MacroPolis

    PoliticsGreek Politics

    the number of deaths reached 73, which translates into 7 per million. The death rate is higher than some

    6%
  6. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    by -8 pct, Germany by -7 pct and France by -7.2 pct. Recession in the UK will be -6.5 pct and the USA

    6%
  7. Renewed concern over East Med as Turkey aims to resume drilling
    Photo via https://flic.kr/p/2iH1sVj

    PoliticsForeign Policy

    the area of Blocks 6 and 7. It will be in place for three months, until July 18. The Greek government

    6%
  8. Credit growth at 0.1 pct in March, positive for first time since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    were noted, deepening from outflows of 7 million euros a month ago. This led the overall balance

    6%
  9. Overall loan interest drops to series low of 4.06 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    by 7 basis points to 4.61 percent, also representing a series low, while the corresponding rate

    6%
  10. Lockdown reduced spread of Covid-19 by 80 pct, research indicates
    Photo by MacroPolis

    Society

    . Visits for groceries and pharmacy visits rose by 7 percent. This contrasts sharply to the mobility

    6%