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Car sales drop by 80.6 pct in April
EconomyMacroeconomyRoad motor vehicles going into circulation for the first time plummeted by 80.6 percent in April, compared to a fall of 50.8 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. The latest figure represents a series low, beating the previous low of -66.1 percent seen
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Newsletter 250 -11/05/2020
, Hellenic Statistical Authority (ELSTAT) data showed this week. The latest figure represents a series low
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Square reveal puts ND on the spot
PoliticsGreek Politicsinitiative) passed by. This also drew ridicule from ND’s political opponents. Although the latest
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PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
EconomyMacroeconomyThe Greek Parliament Budget (PBO) issued its first quarterly report for 2020, which highlights the early signs of the pandemic, although the office notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic. The report notes that the signs of the crisis
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PM set to unveil support package, as ND cements poll lead
PoliticsGreek PoliticsKyriakos Mitsotakis is set to launch the government’s updated pandemic support package in a TV address this afternoon detailing measures for employment and the economy into the autumn, as well as an action plan on tourism. The latest poll figures show high approval ratings for the governing party
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Newsletter 251 -22/05/2020
notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic
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Retail sales down by 1.5 pct in March for first fall in seven months
EconomyMacroeconomyand supermarkets with 20. 5 percent. The latest business indicators for May, published by the European Commission
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsthis latest step and government pledges to support hoteliers and other businesses affected by lower
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Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingPiraeus Bank’s first quarter (Q1) results revealed a net loss of 232 million euros compared to a net profit of 189 million euros in Q4 2019. The latest results interrupt six consecutive quarters of profits. Pre-provision income (PPI) reached a 185 million in Q1 versus 193 in Q4. Net interest income
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Apartment prices rise by 6.9 pct in Q1
EconomyMacroeconomyrevised to reflect an increase of 5.5 percent in Q1, 7.6 percent in Q2 and 8.3 percent in Q3. The latest
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