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  1. 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

    6%

  2. 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

    6%

  3. 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

    6%

  4. 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

    6%

  5. 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

    6%

  6. 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

    6%

  7. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    Phoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had

    6%

  8. Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
    Photo by MacroPolis

    EconomyMacroeconomy

    , staying below the 1 million mark for a ninth consecutive quarter. The figure for those unemployed... than 1 year) fell by 16,500 in Q2 compared to Q1 and came to 508.800. Out of the total, long-term

    6%

  9. Microsoft deal welcomed as Greece vies for more foreign investments
    Photo via https://flic.kr/p/2dqKrWG

    EconomyFeatures

    benefits of around 1 billion euros. According to reports, the initial investment from Microsoft will be around 500 million euros, while the project's total footprint could reach 1 billion euros

    6%

  10. Newsletter 268 -09/10/2020

    Newsletters

    be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended... will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion euros

    6%