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Pandemic raises economic pressure as govt hopes for imminent relief
PoliticsGreek Politicscomprehensive lockdown in the coming days if there is not a significant drop in infections. There have
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General govt primary cash deficit at 720 mln in January, as social security funds start year in deficit
EconomyMacroeconomycame to 1.39 million euros, a drop of 12 million was seen, while purchases of goods and services fell
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CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
EconomyMacroeconomyfor the last 11 months, with December’s 2.3 percent drop surpassing the previous lowest reading
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Travel balance falls by 97.6 pct in January
EconomyMacroeconomypercent to 112.2 million euros. For euro-denominated countries, receipts showed a drop of 87.8
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Employment balance positive by 27,233 in Feb; highest since Sept
EconomyMacroeconomy, however, was the big drop in both hirings and firings. Total hirings in February came to 98,428 versus
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Newsletter 290 - 26/03/2021
the most notable aspect of the data, however, was the big drop in both hirings and firings. Total
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NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
EconomyBankingorganic actions. New defaults remained low, as the drop in economic activity was cushioned
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Amid virus gloom, govt lines up support for catering and targets swift upturn
PoliticsGreek Politicsin working capital in the form of grants. The main eligibility condition is a 30% drop in revenues
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IMF expects modest recovery, lingering debt but primary surplus to return swiftly
EconomyMacroeconomybroadly stable at 16.6 pct this year, from 16.4 pct in 2020. A modest drop is expected in 2022
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Industrial production up by 4.4% in February
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month-on-month (MoM), the index increased by 2.5 percent after a drop of 2.9 percent
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