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  1. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    as the European Central Bank keeps rates low through the emergency purchase programme for the pandemic

    2%
  2. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    rates to move early to reopen borders. The guidelines include strong recommendations for hygiene

    2%
  3. Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation

    PoliticsGreek Politics

    have lost their income, all or in parts. It will also include a reduction in VAT rates for a range

    2%
  4. PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
    Photo by MacroPolis

    EconomyMacroeconomy

    decline in hiring” that will soon show up in the unemployment rates. Fiscal data during the first

    2%
  5. PM declares tourism season open, rules out new lockdown
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    and transmission rates outdoors are much lower,” Mitsotakis told CNN, while stressing that authorities

    2%
  6. Tourism sector struggles as it prepares for full reopening in July
    Photo by MacroPolis

    PoliticsGreek Politics

    with high infection rates which may fall foul of a tighter regime, three markets - the UK, USA and Russia

    2%
  7. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    , but this was at drastically lower rates than that seen at the start of the year. New export orders also fell marginally

    2%
  8. Criticism of Athens "Great Walk" prompts debate on public spaces
    Photo by MacroPolis

    PoliticsGreek Politics

    occupancy rates at roughly 20 percent, with large parts of the hospitality sector still closed

    2%
  9. Industrial production drops by 7.5 percent in May
    Photo by MacroPolis

    EconomyMacroeconomy

    manufacturers did report the acquisition of new clients, but this was at drastically lower rates than

    2%
  10. Increase in Covid-19 cases prompts tighter measures amid opposition criticism
    Photo by MacroPolis

    PoliticsGreek Politics

    is meaningless when accompanied with the opening of borders to countries with high infection rates. KINAL has

    2%