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  1. E-commerce businesses report drop in sales due to Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    prompted a sharp drop in online sales according to a new survey. The Greek E-commerce Association (GRECA... the date of placing the order. Online pharmacies are also struggling to keep up with orders. In other... a drop in sales, the fall came to over 80 percent compared to the period before the epidemic. Sixty

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  2. Electricity drives drop of 4.3 pct YoY in Apr industrial production

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) fell sharply in April with a drop of 4.3 percent year... recorded a rise of 0.5 percent. The annual movement in the index reflects a drop in all components, with 1.1 percent in manufacturing, a 19.5 percent decrease in electricity supply, 5.4 percent drop

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  3. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    in loans for amounts up to 250,000 euros to 6.11 percent, following a drop by 49 bps in April... the respective rate in comparable countries like Spain, Portugal and Italy. The marginal drop... in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts

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  4. Unemployment rate edged up to 25.2 pct in June

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate edged up to 25.2 percent in June from 25... of employed more than offsetting a marginal drop in the number of unemployed. In particular, the improving... was reversed with June indicating a 1.2 percent month on month (MoM) drop vis-à-vis a rise by 1.9

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  5. General gov't primary cash surplus up to 5 bln in 2016, arrears fall by 1.1 bln in Dec
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , while compensation edged up by 141 million. In addition, interest payment fell by 430 million to 5.26 billion. Social benefits of 40.1 billion euros holds the lion’s share making up more than half... of 2016. Specifically, arrears peaked at 7.41 billion last June and have recorded a cumulative drop

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  6. Down but not out: Golden Dawn rears its head again
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of them voted for Golden Dawn because they wanted someone big and strong to stand up to the political... with 8.8 percent, up from 6.6 in a previous poll carried out a month earlier. A Pulse survey for To Pontiki..., Golden Dawn saw its power drop by about two percent. Interestingly, the decline stopped as party

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  7. BoG outlines steps to economic recovery, updates on banks' asset quality
    Bank of Greece

    EconomyMacroeconomy

    of a secondary NPL market, the speeding-up of judicial procedures and the streamlining of the real estate collateral liquidation process are expected to contribute to a gradual drop in current NPL ratio... by restoring economic and political stability, rapid shift of the domestic production model from non

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  8. Newsletter 233 - 20/12/2019

    Newsletters

    that Athens is looking at the model used in France for such occasions. The government says... economies make up around 15-20 percent of GDP in advanced economies and 30-35 percent of the GDP..., corporate loans came to 5.41 billion, edging up by 0.8 percent QoQ. Loans to non-financial corporations

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  9. Greek industrial production on the up again in November, rising by 2.3 pct

    EconomyMacroeconomy

    a downward revised 0.4 percent drop in October, according to the Hellenic Statistical Authority (ELSTAT... was posted by mining and quarrying production (up 13.2 percent), followed by manufacturing (up 5.5 percent) and water supply production (up 3 percent). In contrast, electricity production continued heading

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  10. Import price index up by 24.2 pct in Sep, as energy rises 48.6 pct

    EconomyMacroeconomy

    last year at 23.6 percent. Month-on-month, the index posted a drop of 2.2 percent. It has been... of 360.5 percent YoY, followed by manufacture of refined oil products up by 53.5 percent... increase. The monthly movements were led by a 10.1 percent drop in electricity and gas, followed

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