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  1. Data shows export market shake-up amid pandemic
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    EconomyFeatures

    year-on-year (YoY) to 11.10 billion euros. Data from the Hellenic Statistical Authority (ELSTAT) has... markets have shown improvements despite the pandemic. Their research for the first six months of the year... in the first half of the year. This places the country as Greece’s fifth export market. The top export markets

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  2. Euroban​k net results show profit of 176 mln in H1
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    EconomyBanking

    ) to 223.8 million euros from 211.5 million in Q1 2020. Year-on-year (YoY), PPI rose by 8 percent... ratio improved to 46.4 percent in H1 from 48 percent a year ago. Loan loss provisions amounted to 271... 1 ratio reached 11.2 percent in H1 from 13.7 percent in the same period last year. Covid-19 support

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  3. Greece draws strong interest, attractive yield by re-opening 10-year bond
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    Economy

    Greece completed on Wednesday the fourth market foray of the year by reopening the 10-year GGB... of the year, which was crowned with a successful issue of a 15-year bond at the end of January, Greece... Agency has now managed to draw from the markets this year a total of 10 billion euros, This goes

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  4. Industrial production drops by 0.2 percent in July
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    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) decreased by 0.2 percent year-on-year (YoY) in July... an increase of 7.6 percent in June. August’s reading is the highest MoM reading in the year so far... confidence fell by 2.2 points month-on-month to stand at -15.5 points. Year-on-year, industry confidence

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  5. Employment balance positive by 4,342 in August, aggregate shows 169,239 fewer jobs created
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    the Labour Ministry’s Ergani information system showed. Compared to the same month last year, there were... and entertainment (-1,139) and consulting and management (-1,073). In the first eight months of the year.... Compared to last year, there were 547,554 fewer hirings in the current aggregate period

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  6. Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    on Friday. In September 2019, the year-on-year change showed a rise of 22.9 percent. The current month’s.... Car sales for the month came to 14,764 compared to 14,338 in September last year. Out of the total... in the Attica prefecture. The aggregate figure for the first nine months of the year showed that sales

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  7. Employment balance positive by 38,529 in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    the Labour Ministry’s Ergani information system showed. Compared to the same month last year... (-5,823). In the first nine months of the year, the employment balance showed that there were 154,196... to tourism have negatively impacted the performance of the first nine months of the year. As a result

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  8. Industrial turnover drops by 15.1 pct in August as manufacturing slows
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    EconomyMacroeconomy

    Greece’s industrial turnover fell by 15.1 percent year-on-year (YoY) in August compared... an improvement in operating conditions, signalling a positive end to the third quarter of the year... confidence fell by 2.6 points month-on-month to stand at -18.1 points. Year-on-year, industry

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  9. New bid to curb Covid-19 raises demand for more economic support
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    PoliticsGreek Politics

    that will be spread over this fiscal year and next. A fourth round of tax advance refunds for businesses... economy is expected to reach 11 billion euros this year. Almost 8 billion euros has come through tax... measures adopted so far this year at 24.16 billion euros, 21.47 billion of which is allocated to 2020

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  10. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    effect next year, do not capture the impact of the latest developments on the pandemic and economic... year’s recovery have been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct... distancing. The most recent data available, from the second quarter of the year, reflected the strict

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