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  1. Newsletter 261 -07/08/2020

    Newsletters

    ) and SSFs (+1 million). Drops were seen in tax refunds (-91 million) and state budget (-3 million

    7%

  2. Industrial production down by 4.9 pct YoY in May but picks up from previous month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    largely by a 17.6 percent decrease in the mining and quarrying index, followed by a drop of 1 percent

    7%

  3. Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
    Photo by MacroPolis

    PoliticsGreek Politics

    to issue its decision before the payout is made. Around 1 million pensioners are due to receive

    7%

  4. Receipt losses near 5 bln in first six months as June tourism figures disappoint
    Photo by MacroPolis

    EconomyMacroeconomy

    the EU showed a decrease of 74.7 percent to 1 million. In total, arrivals showed a drop of 76.9 percent

    7%

  5. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    and nurseries opened on June 1, a point at which the pandemic was still more or less under control. However

    7%

  6. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Ratio (LCR) stood at 112.5 percent at the end of H1. At the end of June, the Common Equity Tier 1

    7%

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

    EconomyMacroeconomy

    rose by 1 percent. The latest business indicators for August published by the European Commission

    7%

  8. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    reports in the local media, the government is aiming to spend 1 to 1.5 billion euros on arms

    7%

  9. H1 results for Greek corporates show signs of pandemic biting
    Image via www.gekterna.com

    EconomyCorporates

    million euros compared to losses of 1 million in H1 2019. Sales across the group came to 159.5

    7%

  10. General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    euros and Bank of Greece funding rose by 1 million to 1.44 billion. Guarantees The stock of gg

    7%