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  1. ​Turnover in services shows deterioration in Q1
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    drop since Q1 2015 came from publishing activities (-42 percent), followed by cleaning activities

    5%

  2. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros in the aggregate period. Expenditure Along with a sharp drop in revenue, a rise

    5%

  3. Distrust in news sources remains high, regardless of popularity
    Photo by MacroPolis

    Society

    for news (16 percent) and Twitter (14 percent). A drop of 4 pps was seen for the use of YouTube for news

    5%

  4. ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
    Photo by Aggeliki Koronaiou/Fosphotos

    Society

    of the total population, a drop of 1.8 percentage points (pps) compared to 2018. The risk of poverty

    5%

  5. Wages index up by 0.8 pct in Q1 2020

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index turned slightly positive by 0.8 percent year-on-year (YoY) in the first quarter (Q1) of 2020, following a drop of 0.1 percent in Q4, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday. The annual index has returned to positive territory

    5%

  6. Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
    Photo by MacroPolis

    EconomyMacroeconomy

    the target for May. Expenditure Along with a sharp drop in revenue, a rise in expenditure also drove

    5%

  7. BoG highlights how Covid-19 compounds legacy issues and structural challenges
    Photo by MacroPolis

    Economy

    . There is a milder scenario of a 4.4 pct drop in 2020, while in the adverse, which essentially assumes

    5%

  8. Retail turnover drops by 24.7 pct in April, volume also down by 24.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index decreased sharply by 24.7 percent in April following an upward revised drop of 0.7 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The current month’s reading represents a new series low, surpassing the previous low of -17.9 percent seen

    5%

  9. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    to drop by almost 8 percent on the year,” they concluded.

    5%

  10. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    recovery,” the bank said. In the first quarter of the year, BoG said that Greece’s banks noted a drop

    5%