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  1. Newsletter 272 -06/11/2020

    Newsletters

    are reflected on the budget. The Commission sees a headline deficit of 7 pct of GDP... in areas deemed high-risk for at least 14 days and where the operations of their workplace have... which the industry heavily relies on. 2 Unemployment at 16.8 pct in August Inactives rise by 2.9

    26%
  2. One unicorn does not a Silicon Valley make: positive news on startup front also highlights limitations
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    a valuation of 2 billion USD for Viva Wallet, making it Greece’s first official “unicorn” – a company... of startups currently active in Greece is around 1,500. Based on this, Greece has around 14 startups... employ fewer than 10 people, while in the Found.ation report around 7 in 10 startups consist of fewer

    26%
  3. Newsletter 419 - 05/04/2024

    Newsletters

    that inflation and economic issues were the biggest concern for 44 pct of voters, followed by law and order at 7... per cent. The number of undecided voters is estimated at 14 pct. New Democracy is aiming... and 8.4 pct for men. Youth unemployment dropped by 2 percentage points to 25 pct. Hirings balance

    26%
  4. ND names MEP candidates with eye on loss of support to hard right
    Image: @kmitsotakis

    PoliticsGreek Politics

    of Niki, and 7 pct support Foni Logikis (Voice of Logic), another hard right party. Among self... its traditional positions, while 14 pct feel that most parties have become “systemic”. When the same..., rising by 2.5 points, seemingly at the expense of PASOK, which has dropped by 2 points. Greek Solution

    26%
  5. Economic sentiment falls sharply in July as nearly all segments deteriorate
    Photo by MacroPolis

    EconomyMacroeconomy

    116.6 points in the previous month. The EEI is down by 2 points in the rolling 12-month period... on the rolling 12-month. Retail trade improved marginally to 19.1 points, from 18.2 in June, now down 7 points... points previously. The index is currently up by 14 points on a rolling 12-month basis.

    26%
  6. Greek fiscal deficits and debt since 2000
    Photo by MacroPolis

    Agora

    of the Hellenic Ministry of Finance, that the Syriza 2 government (from September 2015 to July 2019... a look at Syriza 2. This administration ran an average overall surplus of 0.1 percent of GDP a year... that the economy is growing. But the stock of debt during Syriza 2 increased by some €19 billion

    21%
  7. Eurobank net profits from continued operations fall by 12.2 pct in 2018
    Image via www.eurobank.gr

    EconomyBanking

    of the law 3869/2010 backlog in 2019. Sales from Pillar and Cairo portfolios, worth 2 billion and 7 billion... deconsolidation of approximately 7 billion in a single transaction to the SPV, which the bank will securitise... of this year the bank intends to reduce NPEs through a combination of the 7 billion euros transferred

    21%
  8. Current account deficit shrinks to 7 bln in 7 months as energy and imports ease
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    Greece’s current account produced a surplus of 827.5 million euros in July, from a deficit of 638.2 million euros in June, Bank of Greece (BoG) data showed on Wednesday. In July 2022, the balance showed a surplus of 962.7 million euros, while in July 20...

    21%
  9. Newsletter 288 - 12/03/2021

    Newsletters

    Theoharis said that Greece would like to welcome visitors as of May 14. Until the situation clears... with a NPE ratio of 14 percent at the end of 2020, down from 29.2 percent a year earlier... fell by 0.6 percent QoQ and stood at 329.3 million euros. On an annual basis, NII fell by 2 percent

    21%
  10. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    to limit the rise of pension expenditure to 2 percent of GDP over the long term (2010-2060). It raised... and more. The cumulative cuts ranged from 14 percent for the lowest bracket to over 40 percent.... It is estimated that this adjustment will result in an average pension reduction of 14 percent for around

    21%