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Newsletter 261 -07/08/2020
). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary
4% -
NBG results show net profits of 465 mln euros on strong income
EconomyBankingby 4 percent QoQ to 273 million. In H1, NII fell by 8 percent to 551 million euros, largely
4% -
Construction slides again in May with fall of 8.7 pct YoY in building permits
EconomyMacroeconomypercent while volume also rose by 5.4 percent. On a regional basis, permit declines were noted in 8
4% -
Retail sector struggles through pandemic
EconomyFeaturesseen a decline in sales compared to the same period last summer, and only 8 percent had seen
4% -
Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomyeuros (49 million euros for May 2020, 106 million euros for June 2020 and 8 million euros for July
4% -
Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politicswill end up at 8 pct of GDP, although other estimates put it at around 10 pct. The GDP data from
4% -
General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomygovernments (-14 million), state budget (-8 million) and hospitals (-3 million). Since the start
4% -
PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyperiod last year. PBO notes that 8 billion can be attributed to emergency fiscal measures to deal
4% -
IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomyin the second quarter and is just short of 8 pct lower in the first half of 2020. The Finance Ministry does
4% -
Newsletter 269 -16/10/2020
economy contracted by 15.2 pct year-on-year in the second quarter and is just short of 8 pct lower
4%