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  1. Newsletter 253 -05/06/2020

    Newsletters

    23,000 individuals remain in self-isolation after entering the country in recent weeks, with around 1... to Q1 in 2019, GDP shrank by 0.9 percent compared to YoY growth of 1 percent in Q4 2019. This marks

    7%

  2. Reshuffle back on the cards as PM unveils plans for Greek industry
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    after July 1, once the economy has fully reopened after the lockdown and “at a time of the PM’s... to be announced between July 1 and the Thessaloniki Expo in early September, with more precise speculation

    7%

  3. Distrust in news sources remains high, regardless of popularity
    Photo by MacroPolis

    Society

    media brands, there was a slight increase of 1 percentage point (pps) in the use of Instagram... and Facebook dropped by 1 pps to 57 percent. Overall, Facebook remains the most popular social media

    7%

  4. Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in Q1, staying below the 1 million mark for an eighth consecutive quarter. The figure for those... unemployed (over 1 year) fell by 41,100 in Q1 compared to Q4 and came to 525,300. Out of the total, long

    7%

  5. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    Greek resort areas prepare to welcome the first tourists of the season, with regional airports due to reopen to international flights on July 1. Having missed out on a significant portion... until July 15, or a more conservative reopening to a limited number of countries on July 1. Such a move

    7%

  6. 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

    7%

  7. 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

    7%

  8. 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

    7%

  9. 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

    7%

  10. 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

    7%