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  1. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    by 4 percent QoQ to 273 million. In H1, NII fell by 8 percent to 551 million euros, largely

    6%

  2. Construction slides again in May with fall of 8.7 pct YoY in building permits
    Photo by MacroPolis

    EconomyMacroeconomy

    percent while volume also rose by 5.4 percent. On a regional basis, permit declines were noted in 8

    6%

  3. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    the OECD’s predictions, the Greek economy was set to shrink by 8 percent under a single wave scenario

    6%

  4. Retail sector struggles through pandemic
    Photo by MacroPolis

    EconomyFeatures

    seen a decline in sales compared to the same period last summer, and only 8 percent had seen

    6%

  5. Ionian expansion raises questions about Aegean as Athens talks with Tirana
    Photo by MacroPolis

    PoliticsForeign Policy

    nautical miles by Greece will extend its territory from 43% to 72%, for Turkey from 7.1% to 8

    6%

  6. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    euros (49 million euros for May 2020, 106 million euros for June 2020 and 8 million euros for July

    6%

  7. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    will end up at 8 pct of GDP, although other estimates put it at around 10 pct. The GDP data from

    6%

  8. General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    governments (-14 million), state budget (-8 million) and hospitals (-3 million). Since the start

    6%

  9. Defence spending, economic support plans dominate PM's policy speech

    PoliticsGreek Politics

    to spend big on arms, even as the Greek economy faces a recession that is expected to reach at least 8

    6%

  10. PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    period last year. PBO notes that 8 billion can be attributed to emergency fiscal measures to deal

    6%