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  1. IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    a primary deficit of minimum 2 pct of GDP, with front loaded fiscal accommodation in the first half of next

    7%
  2. Newsletter 268 -09/10/2020

    Newsletters

    year came to a surplus of 2.78 billion euros. 2 Unemployment drops to 16.8 pct in July Number

    7%
  3. Athens, Ankara dally over date for talks as Maas prepares fresh visit
    Photo via https://flic.kr/p/2jQRsMX

    PoliticsForeign Policy

    . These efforts need to be sustained and broadened” EU leaders noted on October 2. The meeting

    7%
  4. 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

    , and aim towards a 2 pct of GDP primary deficit, instead of a balanced like the authorities aim.

    7%
  5. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    at estimated 5.5 billion in the second half of the year, are seen adding 2 percentage points of growth

    7%
  6. Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
    Photo by MacroPolis

    EconomyBanking

    worth 2 billion euros. In addition to NPL activity, NBG also issued a 500 million euro Green senior

    7%
  7. 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.

    7%
  8. Newsletter 271 -30/10/2020

    Newsletters

    and cultural life, which constitute fundamental social rights,” the paper said. 2 Budget primary deficit

    7%
  9. New bid to curb Covid-19 raises demand for more economic support
    Photo by MacroPolis

    PoliticsGreek Politics

    billion euros expected next year. The Bank of Greece believes these funds could add around 2

    7%
  10. Growing concerns over second lockdown in food service sector, a key employer
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    is threatening to overwhelm the country’s healthcare resources. As of November 2, intensive care cases had

    7%