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  1. Decline in car sales continues with 14 pct YoY fall during July
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in the aggregate period, totalling 82,321. The remaining sales to July were made up

    2%

  2. New data highlights pandemic impact on enterprises as turnover falls sharply

    EconomyFeatures

    , the overall decline in Q2 came to 55.9 percent, totalling 3.2 million euros. The relevant figure for Q2

    2%

  3. Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
    Photo by MacroPolis

    PoliticsGreek Politics

    businesses’ tax advances, for an amount totalling 1.2 billion euros, and measures to support employment via

    2%

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

    EconomyBanking

    operating corporates, SME and SBLs totalling 900 million euros, had been finalised. Alpha Bank’s NPE

    2%

  5. Car sales drop by 23.6 pct in August and 29.4 pct in first 8 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    of 38.5 percent. Passenger car sales fell by 31.7 percent in the aggregate period, totalling 93,670

    2%

  6. Defence spending, economic support plans dominate PM's policy speech

    PoliticsGreek Politics

    (with the fourth round in November totalling 600 mln euros); and keeping the reduced VAT rate

    2%

  7. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    that short-term lettings generated income totalling 1.15 billion euros for individual property owners

    2%

  8. Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    in the aggregate period, totalling 106,159. The remaining sales in the first nine months were made up

    2%

  9. Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
    Photo by MacroPolis

    EconomyBanking

    with properties as collateral, totalling 200,000 loans from around 90,000 borrowers. The senior tranche

    2%

  10. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    will be further enhanced by additional capital actions already underway, totalling roughly 1 billion euros

    2%