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  1. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    loans dropped by 2 bps to 3.86 percent. The spread between existing loan and deposit rates fell

    3%

  2. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which

    3%

  3. R&D and innovation remain low in Greece, OECD finds
    Photo via http://www.oecd.org/

    EconomyFeatures

    scientists. Based on OECD research, Greece lost 2 percent of scientific authors in 2016 to outflows, which

    3%

  4. Greece on alert over Turkish maritime plans, senses EU backing
    Photo via www.primeminister.gr

    PoliticsForeign Policy

    Athens is on alert after Turkey announce plans, via a NAVTEX advisory on Tuesday, for a seismic survey south and east of the Greek island of Kastellorizo between July 21 and August 2. However, diplomatic contacts are being made behind the scenes in a bid to defuse the situation. Germany

    3%

  5. Athens hoping for de-escalation in Aegean as it seeks pension backpay solution

    PoliticsGreek Politics

    the necessary weight to have an impact on Erdogan’s decisions. The NAVTEX is valid until August 2, which means

    3%

  6. Banks step up securitisation drive following pandemic interruption

    EconomyBanking

    on the securitisation of the Phoenix portfolio worth 2 billion euros, with the senior notes in the region of 1

    3%

  7. New data highlights pandemic impact on enterprises as turnover falls sharply

    EconomyFeatures

    activities (-2 percent). Regarding the 205,984 enterprises that were under suspension of operation

    3%

  8. Grim picture in labour market obliges govt to provide more job support schemes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    of Labour has said that 1.5 billion euros in relief has been granted to almost 2 million workers. Broken

    3%

  9. Economic sentiment at 90.7 in Aug, construction and retail dip
    Photo by MacroPolis

    EconomyMacroeconomy

    worsened by 57.6 points. Retail trade fell by 2 points month-on-month to -20.3 points, and worsened

    3%

  10. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Compared to August 2019, consumer confidence has dropped by 26.8 points. Retail trade fell by 2 points

    3%