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  1. EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021

    EconomyMacroeconomy

    to push the first quarter deeper into recession. The region of Attica is home to more than half of Greece... more than 67 pct of the retail turnover. The recovery will be led by private consumption as retail

    4%

  2. Building permits drop by 12.4 pct in Nov amid second lockdown
    Photo by MacroPolis

    EconomyMacroeconomy

    percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast majority of building projects are also related to private

    4%

  3. Snow melts in Athens, political row over storm response heats up
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    that this was the heaviest snowfall in Athens for more than 15 years. Most of the problems caused... in 2018, which resulted in the deaths of more than 100 people. At the time, New Democracy was able

    4%

  4. MPs urge govt to focus on vaccines, relief as it gets entangled in #MeToo claims

    PoliticsGreek Politics

    of 8.2 pct, while tourism dropped by more than half to 6.07 billion. It is no surprise, therefore... would make a better job of handling the pandemic and the economic crisis than a SYRIZA administration

    4%

  5. Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer

    EconomyMacroeconomy

    than 13 pct. Supermarket sales came just short of 15 billion euros and sales of pharma products were... down almost 40 pct, while cosmetic sales dropped by more than 39 pct and clothing also fell by 36.6

    4%

  6. PMI dips to 49.4 points in February as cost burdens pile up

    EconomyMacroeconomy

    was softer than in January, though still stronger than the long-run series average. Markit analysts

    4%

  7. Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
    Photo by MacroPolis

    EconomyMacroeconomy

    to this high. Total permits for 2020 came to roughly 80 percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast

    4%

  8. Newsletter 288 - 12/03/2021

    Newsletters

    The core index fell by 1 percent, less than the decrease in January Greece’s Consumer Price Index (CPI... that the core index fell by 1 percent in February, less than the decrease of 1.3 percent in January

    4%

  9. Budget primary shows deficit of 1.5 bln in Feb, above target by 1.23 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    total revenues stood at 9.13 billion euros, higher than the target by 190 million euros or 2.1 percent... two months of the year stood at 11.8 billion euros, lower than the target by 959 million euros

    4%

  10. Greek 30-year bond attracts strong demand at attractive yield

    Economy

    . The 30-year was also crowned by success, oversubscribed more than ten times and Greece secured a reoffer... points. More than 250 investors participated, with nearly half of them coming from asset managers

    4%