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  1. Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
    Photo by MacroPolis

    PoliticsGreek Politics

    other lines of attack include accusing the government of failing to use the time since the first wave

    5%

  2. In negative territory for 12 straight months, industrial production drops by 2.4 pct in Sept
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    by a fall in new orders in October. This was driven by the second wave of the virus appearing across

    5%

  3. Political friction surfaces in first days of second national lockdown

    PoliticsGreek Politics

    Following the imposition of the second national lockdown, opposition parties have gone on the offensive over what they describe as the government’s failure to act promptly to contain the second wave of the Covid pandemic. SYRIZA leader Alexis Tsipras has been visiting some of the worst-hit regions

    5%

  4. Industrial turnover drops by 10.7 pct in September on decline in petroleum products
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    orders in October. This was driven by the second wave of the virus appearing across Europe which

    5%

  5. Euroban​k net results show loss of 1.08 bln in 9M
    Photo by MacroPolis

    EconomyBanking

    the appearance of the virus, the world was dealing with its second, more deadly wave. The bank was continuing

    5%

  6. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    and the ferocity of the second wave is reflected both on the macro and fiscal data for this year

    5%

  7. OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
    Photo by MacroPolis

    Economy

    The OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also sees a contraction go 10 percent in GDP this year. Recovery in 2021

    5%

  8. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . This is due to the second wave of the virus manifesting with a much harsher profile than the first, along

    5%

  9. BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
    Photo by MacroPolis

    Economy

    The Bank of Greece tabled its interim monetary policy report for 2020 on Monday, shedding light on how it expects the Greek economy and banking system to develop next year. The new report includes the updated forecasts of Greece’s central bank, which reflect the second wave of the pandemic

    5%

  10. Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    with the second wave of the health crisis was not as front-loaded as it had been estimated. State budget total

    5%