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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomy, and aim towards a 2 pct of GDP primary deficit, instead of a balanced like the authorities aim.
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Newsletter 269 -16/10/2020
by October (40.6 percent) and November to December (4 percent). 2 Employment balance positive
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Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
EconomyMacroeconomyat estimated 5.5 billion in the second half of the year, are seen adding 2 percentage points of growth
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingworth 2 billion euros. In addition to NPL activity, NBG also issued a 500 million euro Green senior
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Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBanking, Greece drew another 2 billion euros, with a re-offer yield of 1.15 pct, implying a price of 109.46.
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Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
EconomyMacroeconomyof the year. Arrivals from euro-denominated countries dropped by 74.1 percent to 2 million, while visitors
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Newsletter 271 -30/10/2020
and cultural life, which constitute fundamental social rights,” the paper said. 2 Budget primary deficit
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New bid to curb Covid-19 raises demand for more economic support
PoliticsGreek Politicsbillion euros expected next year. The Bank of Greece believes these funds could add around 2
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Growing concerns over second lockdown in food service sector, a key employer
EconomyFeaturesis threatening to overwhelm the country’s healthcare resources. As of November 2, intensive care cases had
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Newsletter 272 -06/11/2020
which the industry heavily relies on. 2 Unemployment at 16.8 pct in August Inactives rise by 2.9
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