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  1. Budget primary deficit at 8.14 bln by end-May, almost 1 bln off target
    Photo by MacroPolis

    EconomyMacroeconomy

    for the first five months, lower than the target by 296 million euros. Tax refunds came to 1.64 billion

    3%
  2. Govt intent on making some relief measures permanent
    Photo by Pavlos Svoronos/Fosphotos

    PoliticsGreek Politics

    permanent relief measures, including lower income taxes and reduced VAT for certain competitive Greek

    3%
  3. Building permits jump by 124.5 pct in April, from year-earlier lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments

    3%
  4. PM opts for compulsory vaccinations in healthcare as Covid-19 cases continue to surge

    PoliticsGreek Politics

    unvaccinated customers under a lower-capacity scheme allowing the mixing of vaccinated and unvaccinated

    3%
  5. Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    forecast is revised up due to improved performance during the first quarter of the year and lower

    3%
  6. Government compromises on 2 pct rise for minimum wage
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    of tax breaks, including lower social security contributions. “It [the rise] could be called symbolic

    3%
  7. NBG increases profits in H1 as it progresses with NPE clean up
    Photo by MacroPolis

    EconomyBanking

    increased to 11.6 billion euros in H1 from 10.5 billion in the end of 2020. The significantly lower

    3%
  8. Building permits jump by 62.9 pct in May, from year-earlier lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    , but have not yet come close to this high. Total permits for 2020 came to roughly 80 percent lower than

    3%
  9. Data for total revenues in Q2 reflects recovery from end of lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    are lower by nearly 3 pct and 8 pct respectively.

    3%
  10. Alpha Bank posts net loss of 2.04 bln in Q2 after booking Galaxy Project securitization
    Photo by MacroPolis

    EconomyBanking

    to a lower retrospective TLTRO-III benefit and the derecognition of Galaxy. On an aggregate basis, NII

    3%