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  1. IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    the next two years is seen averaging 5 pct in 2020 and 2021, assisted by EU funds and the recovery...-term potential rate of 1 pct. On the fiscal front, the IMF sees the deficit at 6.75 pct of GDP

    6%

  2. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    by more than 5 pct, leading to a lower unemployment rate of 16.5 pct, while price rises will resume... in 2021 will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion

    6%

  3. General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    of the total. In other underlying categories, a slight fall of 1 million euros was seen in T-bills, making up 3.6 percent of the total. Bonds showed a rise of 5 million euros and Bank of Greece funding

    6%

  4. Newsletter 271 -30/10/2020

    Newsletters

    than 200 euros per month. In Q2 2019, only 1 percent of employees had a net monthly income of 200... expenditure came to 44.77 billion, surpassing the target by 5 billion. Finally, the Public Investment

    6%

  5. Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
    Photo by MacroPolis

    PoliticsGreek Politics

    March and September 1, Covid-19 claimed 207 lives in Greece. According to reports, more than 3,300... for this year will be above 10 pct, followed by 5 pct growth in 2021, and Greece’s debt ratio is seen

    6%

  6. Lenders acknowledge reforms, flag up tricky fiscal path ahead

    EconomyProgramme

    regime that will be effective from January 1 and in the view of the Commission “is expected..., which see Greek GDP falling by 9 pct this year and recovering by 5 pct in 2021. It is noted though

    6%

  7. Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    pct in 2022. After that, they return to the IMF’s long-term real GDP growth estimate of 1 pct... 5 billion in 2020 and 12 billion over the 2022-25 period, which includes the 15.7 billion

    6%

  8. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to the corresponding quarter last year, private consumption rose by 1 percent YoY in Q3 after having fallen by 12... anticipated. For next year, growth has been trimmed significantly, now coming short of 5 pct, at 4.8 percent

    6%

  9. Retail turnover rises by 4.4 pct and volume by 4.7 pct in Octo​ber
    Photo by MacroPolis

    EconomyMacroeconomy

    (+20 percent), supermarkets (+7.7 percent) and clothing and footwear (+5 percent). A decline of 9.3... confidence has dropped by 41.5 points. Retail trade improved by 1 point month-on-month to -14.3 points

    6%

  10. Newsletter 279 - 05/03/2021

    Newsletters

    . On Thursday, vaccinations surpassed the landmark figure of 1 million doses nationally. Nevertheless... the remaining 5 percent, according to the statement. The Vega portfolio comprises three special purpose

    6%