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GDP falls by 0.7 pct QoQ in Q4 and increases by 1.9 pct in 2019
EconomyMacroeconomypercent, lower than the forecast of 4.1 percent. The figures showed that nominal GDP grew by 1.5.... Government expenditure increased by 2.1 percent, also higher than the government’s forecast of 1.6... percent in 2019, lower than the MoF’s forecast of 8.8 percent. Exports As noted, exports of goods
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Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interest
Economyoffers reached 5.9 billion euros, which is less than 1/3 of almost 19 billion euros that were... attracted more than 5 billion euros, before closing at 13:45 UK time with total offers of 6 billion euros. In the equivalent time in January, the 15-year had attracted more than 17 billion euros. In terms
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Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown
PoliticsGreek Politicsthan “letting off steam” after the lockdown and to discourage any attempt at exploiting them... to a hastening, rather than a slowing down of lockdown relaxation. During a regular briefing... earlier than the scheduled date of June 1, in order give an outlet to the crowds congregating in public
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... applications since May 20, taking the total for both rounds to more than 7 billion euros so far. Also, reports suggest that more than half a million people could be in flexible working arrangements from
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Newsletter 253 -12/06/2020
and similar levels to the one achieved in January. The issue attracted more than 215 accounts led... and budgetary costs are expected to be less severe than the crisis period of 2009-2016. Specifically... rather than reducing, and reaching as high as 20.4 percent under a double-hit scenario. Private
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Controversy over media campaign rumbles on as further details emerge
PoliticsGreek Politicsa table of the 1,232 outlets that had received funds, along with the corresponding amounts. Rather than... readership received larger sums than independent or opposition-friendly media with a bigger audience reach. The analysis claimed that less than 1 percent of the 20 million euros spent across print
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OECD forecasts unemployment increase into 2021
EconomyFeaturesare lower than the OECD average, which sees an average drop in GDP of 7.5 percent under the single hit... scenario, the EU average shows a decline in GDP of 11.5 percent, deeper than Greece, but recovery of 3.5 percent in 2021 which is stronger than Greece’s projection. Regarding jobs at risk due to the crisis
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Greece's post-lockdown hubris
Agorabecome fairly prevalent among the public at large: More than half of respondents to a survey conducted..., social media is twice as popular among younger age groups than are conventional news websites... themselves set the first example. No sooner were movement restrictions lifted, than politicians
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Govt scurries for effective Covid-19 response as opposition finds more holes to pick
PoliticsGreek Politicsless than 48 hours after Prime Minister Kyriakos Mitsotakis informed Greeks that a month-long set... staff and of not ensuring that Covid-19 tests are available on prescription rather than forcing... businesses that employ 300,000 staff with more than 100,000 dependent members. There is no doubt
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Greece prepares to relax lockdown amid concerns about toll on economy
PoliticsGreek Politicsof intubated patients has fallen substantially since the peak of more than 600 in the autumn. On Thursday... stood at 328. The latest data confirms that Attica, rather than Thessaloniki, is the current epicentre... be seen as a potential ally for ND or SYRIZA, rather than an independent political party. The difficulty
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