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  1. Company closures dropped sharply during the pandemic
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyFeatures

    The number of enterprises in Greece that closed last year fell by more than a fifth, while the number of new start-ups was virtually unchanged from the year before, according to data from... hiring and firing during the current crisis. There were 37,345 closures of enterprises last year

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  2. Apartment prices rise by 2.6 pct in Q4, increase 4.2 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece came to 2.6 percent year-on-year (YoY) in the fourth quarter (Q4) of 2020 from an increase of 3.5 percent in Q3 2020, Bank of Greece (BoG) data... of 75 million euros in December. Building permits fell by 12.4 percent year-on-year in November after

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  3. Clashes add to political tension over division, police violence
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Greece revealed its worst Covid-19 data so far this year on Tuesday but that was overshadowed... last year. However, the government’s critics point out that at no stage has the prime minister... its activities since last year because there was no response to its initial report on the force’s

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  4. Turnover in tourism drops by 57.6 pct in Q4
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover index in accommodation and food services fell by 57.6 percent year-on-year (YoY... to an increase of 4.8 percent. In 2020, the annual average drop came to 62.7 percent for the year, compared..., Greece’s travel balance came to 778,000 euros in December from 28.6 million a year ago. This is equal

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  5. Alpha Bank posts net profit of 103.7 mln in 2020
    Photo by MacroPolis

    EconomyBanking

    to a net profit of 44.3 million euros in Q3. For the full year, net profit came to 103.7 million... quarter-on-quarter (QoQ) to 203.2 million. For the full year, core PPI rose by 3.4 percent to 859.4... came to 388 million in Q4, up by 1.6 percent QoQ. On a full-year basis, NII fell by 0.4 percent to 1.54

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  6. Montenegro's vaccination adventure: Lord, bless us with good health
    Photo via https://flic.kr/p/2ixuThi

    Agora

    of coronavirus cases. Corona - free, corona everybody In the middle of last year, the previous government... focusing on politics for more than half a year. At the end of August, for the first time in 30 years..., and last year's tourist revenues were down by an incredible 90 percent, while in the region

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  7. NBG posts net loss of 423 mln in Q4; profit of 38 mln in 2020
    Image via www.nbg.gr

    EconomyBanking

    . For 2020, core PPI came to 610 million euros, a rise of 2 percent year-on-year (YoY). The bank also... of domestic NPEs down to 4.3 billion euros following the Frontier securitization. For the full year.... During the year, net fee and commission income amounted to 244 million euros, up by 1 percent YoY

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  8. Has external competitiveness been fixed in Greece?
    Photo by MacroPolis

    Agora

    issue of the year 1992. When we want to know if a country is truly competitive and performs at a high... a compelling story about Greece. 1992 was not an easy year, neither for Greece nor for many of its peers... in 1992. This is the base year for comparison of what comes next. Seen from this vantage point in 1992

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  9. Mitsotakis defends pandemic handling, denies snap election plans
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    four-year term. Whether this kills off speculation about snap polls later this year remains to be seen... to the first injections from the recovery package expected by the end of the year. He also expressed... of the social solidarity top-up tax. Having just launched the six-year national recovery plan, dubbed

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  10. Deposits rose by 1.66 bln in March to highest since 2012
    Image via www.nbg.gr

    EconomyMacroeconomy

    recovered the deposits lost in the bank run that started at the end of that year. The level is now at its highest since April 2012. In March last year, net deposit movement was positive by 2.85 billion... deposit movement took the aggregate balance for the year so far to an increase of 1.21 billion euros

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