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  1. Travel balance falls by 97.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    8,000. Those from France were down by 100 percent with no arrivals registered in April. Visitors

    2%

  2. Wages index up by 0.8 pct in Q1 2020

    EconomyMacroeconomy

    in Q1 2019 came to a YoY increase of 1.8 percent. On a quarterly basis, the index edged down by 0.8

    2%

  3. ND braces for deeper economic impact from Covid-19, mulls more assistance
    Photo via www.government.gov.gr

    PoliticsGreek Politics

    With New Democracy and SYRIZA locked in an intense verbal battle over alleged scandals, the impact of the coronavirus on the Greek economy has moved down the political agenda for now. Nevertheless, there was a reminder on Wednesday about the seriousness of the situation Greece faces as the toll

    2%

  4. Budget primary deficit of 4.80 bln confirmed for May as Covid-19 measures hit
    Photo by MacroPolis

    EconomyMacroeconomy

    of transfers by 216 million euros, or 15.8 percent. Broken down by category, taxes on goods and services were

    2%

  5. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    Greece’s manufacturing PMI increased to 49.4 points in June from 41.1 points in May, according to the latest data from Markit PMI. The latest reading indicates a slowing down of the deterioration seen across the sector and a notable improvement from April’s historically low reading

    2%

  6. New tax debt at 2.21 bln to Mar, up by 545 mln month-on-month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    unpaid, according to the latest data from the IAPR. Total debtors now stand at 3.95 million, down

    2%

  7. More flights land at airports, but tourism expectations remain grounded
    Photo by MacroPolis

    PoliticsGreek Politics

    for reduced takings or having to shut down temporarily to avoid making big losses. Opinion poll

    2%

  8. Alpha seals bad loans sale deal, lenders brace for NPE management in Covid-19 era
    Bank of Greece

    EconomyBanking

    to provisional data up to March 2020, NPEs came to 60.9 billion, down by 7.6 billion or 11.1 percent

    2%

  9. General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    entities went down by 27 million month-on-month, while non-gg entities fell further by 171 million

    2%

  10. Employment balance positive by 37,568 in June, reflecting uptick in seasonal hires
    Photo by MacroPolis

    EconomyMacroeconomy

    with 637 more firings than hirings. Broken down by employment activity in each sector, the three

    2%