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Newsletter 247 -10/04/2020
and 3 in 4 self-employed and freelancers. Already 80,000 applications have been submitted
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomyThe IMF released on Tuesday its latest economic estimates in the context of the World Economic Outlook, which has incorporated the impact of what it calls The Great Lockdown that sees global GDP dropping by 3 pct in 2020, subject to various uncertainties. The Fund joins the list of organisations
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Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesto a rise in housing NPLs of around 3 percent. For every percentage point improvement in the state
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Roadmap leading out of lockdown pondered by ND as SYRIZA takes aim at media
PoliticsGreek Politicscompany, in exchange for a 3 percent commission, rather than through a public tender. The government
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Credit growth at 0.1 pct in March, positive for first time since 2011
EconomyMacroeconomyeuros compared to outflows of 3 million euros in the previous month, while the outstanding balance came
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingreleases 3 billion funds from the banks, which upon leveraging will total 30 billion. Minister
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Overall loan interest drops to series low of 4.06 pct in March
EconomyMacroeconomyto 3.90 percent. The spread between existing loan and deposit rates fell by 3 bps month-on-month
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ND mulls next stage of lockdown easing as support remains strong despite some grumbles
PoliticsGreek Politicspopularity, which has actually increased by 3 points since the last poll by Alco, rising to 40
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Central government debt increases by 5.81 bln to 361.83 bln in Q1
EconomyMacroeconomyto 58.09 billion, representing 16.1 percent of the debt. T-Bills came to 11 billion and made up 3
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomypercent to 116,800. Overall, arrivals from the EU 27 countries fell by 3 percent and came to 901,300
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