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Newsletter 271 -30/10/2020
months now.
7% -
Retail turnover drops by 1.4 pct in August for sixth continuous decline, volume drops by 1 pct
EconomyMacroeconomydropped by 37.1 points. Consumer confidence has declined for four consecutive months now. Retail trade
7% -
Growing concerns over second lockdown in food service sector, a key employer
EconomyFeaturesis affected by high seasonality during normal years, with a pandemic now having badly dented the high summer
7% -
Unemployment at 16.8 pct in Aug as inactives rise by 2.9 pct YoY
EconomyMacroeconomyinactive population now stands at 3.30 million. The unemployment rate among women fell by 0.8 percentage
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Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
PoliticsGreek Politics. Staikouras said that the total fiscal support offered since the start of the pandemic now amounts
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Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
Economy’ in January this year. Moody’s rating upgrade brings it now in line with S&P at the equivalent rating
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New tax debt at 3.90 bln to September, up by 695 mln month-on-month
EconomyMacroeconomydata from the IAPR. Total debtors now stand at 3.87 million, down by 131,196 month-on-month
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Eurobank net results show loss of 1.08 bln in 9M
EconomyBankingmuted in Q3. The NPE ratio now stands at 14.9 percent in Q3 compared to 15.3 percent in Q2 2020. In 9M
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeof 157.1 pct of GDP in 2021, which is now revised to just short of 200 pct of GDP. Again
7% -
Govt tries to fend off claims of disarray in Covid-19 reporting, coordination
PoliticsGreek Politicscharging as much as 100 euros until now. The ceiling on rapid tests was set at 10 euros. These tests were
7%