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  1. More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
    Photo by MacroPolis

    Economy

    asked for regional and sectoral data from local and business associations that will support its

    2%

  2. Greece puts crisis management strategy in place as it braces for virus
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    (EODY), which will then pass over the data to the police and fire service experts. The Civil Protection

    2%

  3. Current account shows deficit of 1.29 bln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 1.29 billion euros in January, from a deficit of 540.3 million in December, according to Bank of Greece (BoG) data released on Friday. In the same period last year, the deficit was 1.18 billion euros, meaning that the deficit has worsened

    2%

  4. Industrial turnover rises by 5.7 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover increased by 5.7 percent year-on-year (YoY) in January compared to a rise of 11.3 percent in December, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. January’s headline figure is the second consecutive increase in as many months. The monthly

    2%

  5. PM orders lockdown as opposition focusses on health system's capacity

    PoliticsGreek Politics

    coronavirus data was made public by the Health Ministry. The number of deaths in Greece from Covid-19

    2%

  6. Travel balance surplus up by 27 pct in January to 80.2 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance rose to a surplus of 80.2 million euros in January according to Bank of Greece (BoG) data released on Monday, representing a rise of 27 percent year-on-year (YoY). Receipts came to 286.6 million euros, increasing by 24.4 percent year-on-year (YoY). Travel payments also rose

    2%

  7. Newsletter 245 -27/03/2020

    Newsletters

    not only for Greece but for the global tourism industry as a whole. In terms of revenue, BoG data

    2%

  8. Retail turnover up by 10.1 pct in January
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index increased by 10.1 percent in January following an upward revised rise of 2.2 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. This is the highest reading since February 2017, when the index rose by 11.2 percent. The corresponding

    2%

  9. Overall loan interest drop to 4.30 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations fell by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data from the Bank of Greece (BoG) showed on Wednesday. The spread between loan and deposit rates dropped

    2%

  10. Trade deficit up by 7.8 pct in February
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed. The deficit came to 1.69 billion euros for the month. Imports totalled 4.32 billion euros

    2%