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  1. Newsletter 253 -05/06/2020

    Newsletters

    QoQ, while gross capital formation rose by 3 percent compared to Q4. Imports of goods and services

    11%

  2. Parties jostle over economic data, public still backs ND approach on pandemic
    Photo by MacroPolis

    PoliticsGreek Politics

    quarter-on-quarter. This was a much smaller contraction than the eurozone average, which was above 3 pct

    11%

  3. General govt primary cash deficit of 1.85 bln in Apr as revenues decline
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (-3 million each). Extrabudgetary funds fell by 2 million euros, while rises were noted in tax

    11%

  4. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    economy was on course to expand by close to 3 percent, but ended up contracting in the final quarter

    11%

  5. Distrust in news sources remains high, regardless of popularity
    Photo by MacroPolis

    Society

    , bringing the total to 32 percent. The use of Facebook Messenger for news fell by 3 pps to 22 percent

    11%

  6. Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    The Greek non-seasonally-adjusted unemployment rate stood at 16.2 percent in the first quarter (Q1) of the year, decreasing from a rate of 16.8 percent noted in Q4, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The jobless rate has declined by 3 percentage points (pps) from

    11%

  7. Newsletter 254 -19/06/2020

    Newsletters

    . The jobless rate has declined by 3 percentage points (pps) from the Q1 2019 figure of 19.2 percent

    11%

  8. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    proprietors fell by 3 bps to 6.81 percent. Corporate loans with a defined maturity at a floating rate

    11%

  9. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which

    11%

  10. Car sales drop by 24.7 pct in June and 33.1 pct in first 6 months
    Photo by MacroPolis

    EconomyMacroeconomy

    ), motorcycles (17,055) and buses (770). Motorcycle sales dropped by 3 percent in June, with the aggregate

    11%