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  1. PMI drops to 46.8 points in July amid Covid-19 uncertainty
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    Greece’s manufacturing PMI decreased to 48.6 points in July from 49.4 points in June, according to the latest data from Markit PMI. The latest reading reverses the trend of a gradual recovery seen... from June’s four-month high, but sentiment remained positive overall. The main factor affecting

    2%

  2. Industrial production down by 4.9 pct YoY in May but picks up from previous month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) decreased by 4.9 percent year-on-year (YoY) in June, compared to a slightly downward revised drop of 7.8 percent year-on-year (YoY) in May, Hellenic... points in June, to stand at -13.3 points. Year-on-year, industry confidence has fallen by 15 points

    2%

  3. Central government debt increases by 1.04 bln to 362.87 bln in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    billion at the end of June. A breakdown of the composition of new borrowing for the first six months..., respectively. Greece’s cash deposits fell to 19.27 billion at the end of June from 25.68 billion

    2%

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

    Society

    and nurseries opened on June 1, a point at which the pandemic was still more or less under control. However... the country to visitors from abroad, hoping to capture whatever possible of a meagre summer season. On June

    2%

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

    EconomyFeatures

    tourism revenues appear to be dashed, as the Bank of Greece's latest figures as of June showed that 5... in the "Syn-Ergasia” scheme as of June.

    2%

  6. PM prepares for low key policy speech as poll suggests support for govt still high

    PoliticsGreek Politics

    few months. Support for the ruling centre-right party is down by 1.5 points since June, while SYRIZA... who felt the same way about Tsipras. Mitsotakis’s ratings stood at 67.6 pct in June, while Tsipras

    2%

  7. Banks remain largely profitable in Q2, with focus on NPL reductions
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    ratio for the group at the end of June 2020 stood at 43.5 percent, while NPE coverage increased... ΥοΥ, to 12.3 billion in June 2020. NPLs on a group level stood at 14.7 billion, unchanged from Q1 2020

    2%

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

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) decreased by 0.2 percent year-on-year (YoY) in July following a slightly downward revised decrease of 0.2 percent in June, Hellenic Statistical Authority... an increase of 7.6 percent in June. August’s reading is the highest MoM reading in the year so far

    2%

  9. Apartment prices rise by 4.1 pct in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    billion, after negative flows of 94 million in June. Building activity rose by 17 percent year-on-year (YoY) in June compared to a fall of 8.7 percent in May according to the Hellenic Statistical Authority

    2%

  10. PM puts emphasis on individual responsibility in bid to rein in coronavirus

    PoliticsGreek Politics

    was at 41 pct, compared to 32 pct in June, 23 pct in April and 12 pct in March. Equally, Greeks... pct in June. ND lead The survey suggests that despite whatever difficulties posed by the pandemic

    2%