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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomyfixed capital formation declining by 8.4 percent QoQ, while gross capital formation rose by 3
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Newsletter 253 -05/06/2020
QoQ, while gross capital formation rose by 3 percent compared to Q4. Imports of goods and services
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Parties jostle over economic data, public still backs ND approach on pandemic
PoliticsGreek Politicsquarter-on-quarter. This was a much smaller contraction than the eurozone average, which was above 3 pct
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomy(-3 million each). Extrabudgetary funds fell by 2 million euros, while rises were noted in tax
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicseconomy was on course to expand by close to 3 percent, but ended up contracting in the final quarter
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Distrust in news sources remains high, regardless of popularity
Society, bringing the total to 32 percent. The use of Facebook Messenger for news fell by 3 pps to 22 percent
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Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomyThe 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
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Newsletter 254 -19/06/2020
. The jobless rate has declined by 3 percentage points (pps) from the Q1 2019 figure of 19.2 percent
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Overall loan interest rate drops to 4.23 pct in May
EconomyMacroeconomyproprietors fell by 3 bps to 6.81 percent. Corporate loans with a defined maturity at a floating rate
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OECD forecasts unemployment increase into 2021
EconomyFeatures. Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which
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