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  1. Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
    Photo by MacroPolis

    Economy

    the efforts to drop it by a quarter since the peak. Fitch also expects the pandemic to delay the plans

    2%
  2. Tourism numbers continue to worsen as worries grow over second Covid-19 wave
    Photo by MacroPolis

    EconomyFeatures

    hold, the bank said. According to the bulletin, the biggest drop in revenue was observed

    2%
  3. Unemployment rate jumps to 17 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    year-on-year. Broken down by age group, the largest annual drop in unemployment was seen in the 65-74

    2%
  4. PMI edges up to 49.4 points in August, employment rises
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    manufacturing sector was showing some signs of recovery after the sharp drop earlier in the year. The increase

    2%
  5. Industrial production drops by 0.2 percent in July
    Photo by MacroPolis

    EconomyMacroeconomy

    drop in the electricity supply index, followed by the mining and quarrying index (-4.4 percent

    2%
  6. Unemployment rises to 18.3 pct in June
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    percent, equal to a rise of 2.3 pps year-on-year. Broken down by age group, the largest annual drop

    2%
  7. ​Wages index up by 3.8 pct YoY in Q2 2020
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index turned positive by 3.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, following a drop of 0.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The annual index showed the highest YoY increase since Q4

    2%
  8. Turnover in services shows year-on-year deteriorations in Q2
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    are not seasonally adjusted. Over the last five years, the figures revealed that the largest drop since

    2%
  9. Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    proprietors and unincorporated partnerships came to 5.53 billion, representing a drop of 3.2 percent

    2%
  10. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    for the first six months of 2020 is better than the 9 pct drop observed in the rest of the eurozone

    2%