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Apartment prices rise by 4.1 pct in Q2
EconomyMacroeconomytheir prices increase by 3.2 percent in Q2 versus a downward revised increase of 6 percent in Q1. New
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Newsletter 268 -09/10/2020
quarter of the year. Private consumption is seen dropping by 6 pct, investments by close to 11 pct
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CPI falls by 2 pct YoY in September
EconomyMacroeconomyin transport. This was followed by housing (-6 percent) and communication (-2.4 percent). Increases were noted
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Industrial turnover drops by 15.1 pct in August as manufacturing slows
EconomyMacroeconomypercent in manufacturing. The mining and quarrying index rose by 6 percent. For eurozone countries
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Greece to enter second lockdown as govt faces criticism over 'total failure'
PoliticsGreek PoliticsGreece is to enter a three-week national lockdown at 6 am Saturday to counteract the alarming rise in Covid-19 infection rates, which have increased pressure on the country’s healthcare system in recent weeks. The new spate of measures was officially announced by PM Kyriakos Mitsotakis
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Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
PoliticsGreek Politicsto more than 6 pct of the country’s GDP, compared to an EU average of 4 pct of GDP. He also noted
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General govt primary cash deficit at 7.01 bln in Sept, arrears up by 113 mln
EconomyMacroeconomywas noted in taxes which decreased by 6 billion to 29.32 billion euros from 35.23 billion a year ago
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EIB investment survey points to diminished investment appetite
EconomyFeaturespercent of firms reported being constrained, slightly more than double the EU average of 6 percent
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Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches
PoliticsGreek Politicsand cathedrals respectively, and allowing churches to remain open between December 21 and January 6
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Banks end year with continued bad loan sales
EconomyBankingalso announced after its 9M results that it plans to sell Ethniki Insurance and reduce NPEs by 6
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