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  1. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    , the initial estimate of 8 billion euros in tourism receipts this year is already looking optimistic

    7%

  2. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to shrink by between 8 to 9.8 percent in 2020 depending on whether there will be a single or double

    7%

  3. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    million each) and SSFs (+7 million). Declines were seen in local governments (-8 million), state

    7%

  4. Newsletter 261 -07/08/2020

    Newsletters

    ). Declines were seen in local governments (-8 million), state budget (-7 million) and extrabudgetary

    7%

  5. 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

    7%

  6. 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

    7%

  7. 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

    7%

  8. 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

    7%

  9. 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

    7%

  10. 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

    7%