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  1. Newsletter 247 -10/04/2020

    Newsletters

    and 3 in 4 self-employed and freelancers. Already 80,000 applications have been submitted

    9%
  2. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    The IMF released on Tuesday its latest economic estimates in the context of the World Economic Outlook, which has incorporated the impact of what it calls The Great Lockdown that sees global GDP dropping by 3 pct in 2020, subject to various uncertainties. The Fund joins the list of organisations

    9%
  3. Study proposes higher public spending to counter expected rise in NPLs
    By Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    to a rise in housing NPLs of around 3 percent. For every percentage point improvement in the state

    9%
  4. Roadmap leading out of lockdown pondered by ND as SYRIZA takes aim at media
    Photo by MacroPolis

    PoliticsGreek Politics

    company, in exchange for a 3 percent commission, rather than through a public tender. The government

    9%
  5. Credit growth at 0.1 pct in March, positive for first time since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    euros compared to outflows of 3 million euros in the previous month, while the outstanding balance came

    9%
  6. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    environment, with the IMF seeing a global recession of 3 pct, a revision from the pre-crisis levels of 6

    9%
  7. Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
    Photo by MacroPolis

    EconomyBanking

    releases 3 billion funds from the banks, which upon leveraging will total 30 billion. Minister

    9%
  8. Overall loan interest drops to series low of 4.06 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    to 3.90 percent. The spread between existing loan and deposit rates fell by 3 bps month-on-month

    9%
  9. General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    categories, a rise of 405 million euros was seen in T-bills, making up 3 percent of the total. EFSF/ESM

    9%
  10. ND mulls next stage of lockdown easing as support remains strong despite some grumbles

    PoliticsGreek Politics

    popularity, which has actually increased by 3 points since the last poll by Alco, rising to 40

    9%