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  1. Lenders acknowledge reforms, flag up tricky fiscal path ahead

    EconomyProgramme

    to the pandemic and, in particular, the latest review taking place as the pandemic resurges. Despite... that the cut-off date for those forecasts were October 22, ahead of the latest 3-week lockdown... at -4.4 pct of GDP this year, however, not including the latest round of measures that were announced

    1%
  2. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of goods rose by 3.5 percent, and exports of services plunged by 80 percent. The latest from... to drop by 30.3 percent in 2020 before rising by 22.5 percent in 2021 according to the latest budget... for this year, followed by a recovery of 5.7 percent in 2021 and 5.6 percent in 2022. The latest EC

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  3. Industrial turnover drops by 14.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest reading is the ninth consecutive decline in as many months. The performance was led... improvement, meaning that the latest figure signals an overall deterioration in the Greek manufacturing sector. After a brief uptick in previous months, the latest data signalled the sharpest

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  4. PMI edges up to 46.9 points in December
    Photo by MacroPolis

    EconomyMacroeconomy

    to the latest data from Markit. According to Markit, readings over 50 and above indicate overall improvement, meaning that the latest figure signals an overall deterioration in the Greek manufacturing... in stocks of both purchases and finished goods. Markit analysts commented on the latest findings

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  5. Deposits rise by 4.45 bln in December, highest since 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    . The latest reading is the highest since December 2012 when the figure stood at 5.75 billion... billion euros. Time deposits fell by a slight 28 million euros. The latest deposit movement took... period last year showed inflows of 8.86 million. The latest aggregate balance is attributed to sight

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  6. PMI rises to 50 points in January on hopes of vaccine roll-out

    EconomyMacroeconomy

    to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement, meaning that the latest figure signals unchanged operating conditions in the Greek manufacturing.... It was the highest degree of positive sentiment since February 2020. Markit analysts commented on the latest

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  7. In 9th post-bailout review, EC sees reforms slowing due to pandemic

    EconomyProgramme

    of which the authorities attributed to the latest changes in the Greek administration that took place... of GDP, from 9.4 pct in 2020. Based on the latest GDP estimates this could well exceed the 7.5-billion-euro support portfolio that was included in this year’s budget. Based on the Commission's latest

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  8. PMI dips to 49.4 points in February as cost burdens pile up

    EconomyMacroeconomy

    to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement, meaning that the latest figure signals worsening of operating conditions in the Greek manufacturing... commented on the latest findings, saying that “Greek manufacturers signalled a renewed decline

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  9. Dire conditions at public hospitals fuel opposition attacks on govt competence
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    on the government’s latest move, claiming it was evidence that New Democracy has “no plan” to deal with the latest wave of the pandemic. He returned to calls made by the opposition party last year... administration of not caring for the average Greek. Easing lockdown The latest developments have

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  10. PMI rises to 51.8 points in March, first expansion in over a year

    EconomyMacroeconomy

    to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement, meaning that the latest figure signals improvement of operating conditions in the Greek manufacturing... analysts commented on the latest findings, saying that while operating conditions improved for the first

    1%