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Greek businesses under pressure due to late payments, survey shows
EconomyFeaturesthe introduction of new legislation, increasing by 5 percent compared to the pre-coronavirus survey
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IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
EconomyProgrammethe next two years is seen averaging 5 pct in 2020 and 2021, assisted by EU funds and the recovery
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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomyby more than 5 pct, leading to a lower unemployment rate of 16.5 pct, while price rises will resume
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General govt primary cash deficit at 5.49 bln in Aug, arrears up by 172 mln
EconomyMacroeconomyup 3.6 percent of the total. Bonds showed a rise of 5 million euros and Bank of Greece funding
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Greeks less optimistic in face of second Covid-19 wave, survey finds
Society. In the latest survey, only 5 percent of respondents think that they will return to normalcy by the end
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Budget primary shows deficit of 7.01 bln as revenues suffer in September
EconomyMacroeconomythe target by 5 billion. The MoF said that the movements in expenditure against the target were mainly
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PM to announce new measures as second Covid wave gathers pace
PoliticsGreek Politicsam and 5 am, and potential restrictions on movements between administrative districts. Government
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Budget primary shows deficit of 7.01 bln in September
EconomyMacroeconomyexpenditure came to 44.77 billion, surpassing the target by 5 billion. The MoF said that the movements
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Credit growth in September up by 2.4 pct as business lending picks up
EconomyMacroeconomy. In consumer credit, inflows of 5 million euros were noted, increasing from outflows of 7 million euros
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Newsletter 271 -30/10/2020
expenditure came to 44.77 billion, surpassing the target by 5 billion. Finally, the Public Investment
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