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  1. Newsletter 261 -07/08/2020

    Newsletters

    from 49.4 points in June from 41.1 points in June, according to the latest data from Markit PMI. The latest reading reverses the trend of a gradual recovery seen after April’s historic low, though

    2%

  2. Banks step up securitisation drive following pandemic interruption

    EconomyBanking

    43,000 properties are collateral. Following its latest results announcement on Thursday, NBG’s CEO said... to the latest Bank of Greece data presented in the financial stability report last month, NPEs in the end

    2%

  3. Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
    Photo by MacroPolis

    PoliticsGreek Politics

    . The need for support to be extended to the labour market was highlighted by the latest data published.... According to the Bank of Greece’s latest data, during the first six months of 2020, arrivals

    2%

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

    Society

    of diagnosed cases fell from 47 years on July 15 to 41 years on August 15. According to the latest... and by close to 10 percent under a double wave scenario. According to the latest data from the Bank

    2%

  5. Grim picture in labour market obliges govt to provide more job support schemes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    The government is taking measures to mitigate the impact of the coronavirus pandemic on unemployment, particularly in sectors directly or indirectly connected to the tourism industry. The latest data... tourism revenues appear to be dashed, as the Bank of Greece's latest figures as of June showed that 5

    2%

  6. Bank deposits rise by 3.32 bln in July

    EconomyMacroeconomy

    deposits increased by 2.06 billion euros. Time deposits also rose by 683 million euros. The latest... figure for the same period last year showed inflows of 4.35 million. The latest aggregate balance

    2%

  7. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 6.9 percent in June following a revised drop of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s reading... rose by 1 percent. The latest business indicators for August published by the European Commission

    2%

  8. PMI edges up to 49.4 points in August, employment rises
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s manufacturing PMI increased slightly to 49.4 points in August compared to 48.6 points in July, according to the latest data from Markit. The slower overall decline largely stemmed from... to entice customers. The latest fall in charges came alongside a faster rate of input price inflation

    2%

  9. Industrial production drops by 0.2 percent in July
    Photo by MacroPolis

    EconomyMacroeconomy

    ). According to the latest business survey for August released by the European Commission, industry... points, according to the latest data from Markit PMI. The slower overall decline largely stemmed

    2%

  10. Heading for talks with Turkey, Athens sets expectations low
    www.mfa.gr

    PoliticsGreek Politics

    the start of the latest round of exploratory talks as a success of its approach over recent weeks..., such as the demilitarisation of Greek islands. Athens, however, accepts that given the latest turn

    2%