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  1. Contribution made by privatisations to GDP since 2010 underlined in new study
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    found that privatisations added 1 billion euros annually to Greece’s GDP over the period in question... be attributed to privatisations, suggesting that for each 1 euro of privatisations revenue an added 1.02

    8%

  2. Officials order wider use of masks as upward trend for Covid-19 cases continues
    Photo by MacroPolis

    PoliticsGreek Politics

    between July 1 and 26. Of those, 171,138 were tested, yielding 344 positive results. Given... from August 1. The announcement left many observers perplexed given that the global cruise industry

    8%

  3. Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates

    PoliticsGreek Politics

    came to power last summer, before being properly activated on January 1 this year. However, the lack..., from 10 on August 1. According to the CORE model (Covid-19 Risk Evaluation), which is run

    8%

  4. Central government debt increases by 1.04 bln to 362.87 bln in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    showed that long-term (over 5 years) debt made up 76.4 percent of the total, while short-term (up to 1 year) and medium-term (1 to 5 years) debt accounted for 12.6 and 11 percent of the total figure

    8%

  5. Euroban​k net results show profit of 176 mln in H1
    Photo by MacroPolis

    EconomyBanking

    the same period from 86.5 percent in H1 2019. Capital The phased-in Common Equity Tier 1 (CET1) ratio came... 1 ratio reached 11.2 percent in H1 from 13.7 percent in the same period last year. Covid-19 support

    8%

  6. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    Phoenix in the Hellenic Asset Protection Scheme to the value of 1 billion euros. NBG’s domestic NPE... is valued around 5 billion euros with 1 billion of this relating to mortgages. NBG noted that it had

    8%

  7. Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
    Photo by MacroPolis

    EconomyMacroeconomy

    , staying below the 1 million mark for a ninth consecutive quarter. The figure for those unemployed... than 1 year) fell by 16,500 in Q2 compared to Q1 and came to 508.800. Out of the total, long-term

    8%

  8. Microsoft deal welcomed as Greece vies for more foreign investments
    Photo via https://flic.kr/p/2dqKrWG

    EconomyFeatures

    benefits of around 1 billion euros. According to reports, the initial investment from Microsoft will be around 500 million euros, while the project's total footprint could reach 1 billion euros

    8%

  9. Newsletter 268 -09/10/2020

    Newsletters

    be jailed for between 5 and 10 years, which can be reduced to between 1 and 5 years or even suspended... will be just above 1 pct of GDP at 2.08 billion, recovering impressively from the 9.72 billion euros

    8%

  10. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to its longer-term view of the Greek economy of growth 1 pct. Unemployment is seen rising just short... to 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year

    8%