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  1. Criticism of Athens "Great Walk" prompts debate on public spaces
    Photo by MacroPolis

    PoliticsGreek Politics

    undemocratic and ineffective”. Iliopoulos said that 2 million euros had been wasted on unsuitable fittings

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  2. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    loans dropped by 2 bps to 3.86 percent. The spread between existing loan and deposit rates fell

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  3. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which

    11%

  4. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The latest OECD outlook for Greece, made public on Wednesday, has shown that Greece’s economy was growing at the steady pace of close to 2 percent in the three years before the coronavirus pandemic, which heralded a slowdown. The OECD noted that while Greece has been successful in containing

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  5. R&D and innovation remain low in Greece, OECD finds
    Photo via http://www.oecd.org/

    EconomyFeatures

    scientists. Based on OECD research, Greece lost 2 percent of scientific authors in 2016 to outflows, which

    11%

  6. Greece on alert over Turkish maritime plans, senses EU backing
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    Athens is on alert after Turkey announce plans, via a NAVTEX advisory on Tuesday, for a seismic survey south and east of the Greek island of Kastellorizo between July 21 and August 2. However, diplomatic contacts are being made behind the scenes in a bid to defuse the situation. Germany

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  7. Athens hoping for de-escalation in Aegean as it seeks pension backpay solution

    PoliticsGreek Politics

    the necessary weight to have an impact on Erdogan’s decisions. The NAVTEX is valid until August 2, which means

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  8. Economic sentiment at 90.7 in Aug, construction and retail dip
    Photo by MacroPolis

    EconomyMacroeconomy

    worsened by 57.6 points. Retail trade fell by 2 points month-on-month to -20.3 points, and worsened

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  9. PM seeks fine balance as he prepares to unveil latest set of fiscal measures
    Image via primeminister.gr

    PoliticsGreek Politics

    and pushing to 2021 around 1.5 to 2 billion euros of deferred tax and social security payments

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  10. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Compared to August 2019, consumer confidence has dropped by 26.8 points. Retail trade fell by 2 points

    11%