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  1. Disposable income edges up by 0.2 pct YoY in Q4, final consumption up by 2.7 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek household disposable income grew by 0.2 percent year-on-year (YoY) in the fourth quarter (Q4) of 2019, decreasing from the rise of 3.5 percent noted in the previous quarter, according... at 30.31 billion euros compared to 30.26 billion euros a year ago. An increase of 6.7 percent was noted

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  2. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    is projected to decline by 9 pct this year, and to rebound in 2021. The uncertainty around the impact... by the post-programme surveillance. Gross debt is seen rising to 197 pct of GDP this year, before... loans on the books, bad loans are expected to rise again this year. That said, the SSM has provided

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  3. PMI crashed to 29.5 points in April during sharpest ever decline
    Image via www.titan.gr

    EconomyMacroeconomy

    of the year was wiped out as factories shut and workforces numbers dropped. Contrasting with preceding... to decline over the year. Fears of a slow recovery, longer lockdowns and concerns over access to credit were... deterioration in manufacturing fully reversed the series highs noted towards the start of the year

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  4. New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    , lower than the figure for the same period last year by 22 percent. In January, the increase in new... to 1.08 billion. For the first two months of the year, the VAT collectability rate came to 80.8... of the year, another 834 million in taxes went unpaid, according to the latest data from the IAPR

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  5. Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation

    PoliticsGreek Politics

    and achieving the goals that were set out last year, which have already been compromised to some... an early trip to the polls later this year in a bid to capitalise on New Democracy’s large lead... that roughly eight in 10 Greeks are against the idea of snap polls later this year. Nevertheless

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  6. PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
    Photo by MacroPolis

    EconomyMacroeconomy

    quarter show a shortfall of 1.3 billion euros compared to last year, although fiscal developments this year need to be looked at through the prism of the fiscal targets which were abolished following... within six months, a medium speed that will take about a year and a slow pace of two years. GDP

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  7. Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review

    EconomyProgramme

    to the second quarter, however travel restrictions moving into the second half of the year... a deficit this year before returning to a surplus in 2021, as published in the Spring forecast... actions on previous ones, will be the basis for assessment in the second half of the year.

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  8. Gloomy preliminary results for Aegean as state support talk gathers pace

    EconomyFeatures

    percent year-on-year (YoY) to 146.6 million euros. In January, revenues had risen by 15 percent YoY... percent, while domestic traffic fell by 97.9 percent. In the year to date, passenger traffic has

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  9. Newsletter 253 -05/06/2020

    Newsletters

    and services increased slightly by 0.2 percent YoY. Compared to the corresponding quarter last year... year-on-year (YoY) in the first quarter (Q1) of 2020 from a revised increase of 7.6 percent in Q4 2019

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  10. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    publication of GDP data for the first quarter of he year, Tsipras argued that New Democracy is the main... of 2019, as well as in the first quarter of this year, which was only slightly affected... the European support package (recovery fund) a significant share that will bolster the economy next year

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