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  1. Greek hotel industry reports COVID-19 related losses of half a billion to date
    Photo by MacroPolis

    EconomyFeatures

    services. Under the hypothetical scenario of an 8 percent drop in tourism revenues, which the CPER said... that the estimation of an 8 percent drop in revenues was based on global tourism revenue declines due to the 2003

    4%

  2. Greece braces for recession, hopes to bounce back from summer onwards
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    for the Greek economy and now see it contracting by 1 to 8 pct this year. Capital Economics sees economic... expects a recover over the next two quarters of around 6.5 pct, leading to a total 8 pct recession

    4%

  3. A sudden turnaround that could lead to sharp shock
    Photo by MacroPolis

    Agora

    . This was preceded by a drop of close to 9 pct in Q4 2010 and followed by a nearly 8 pct drop in Q2.... A sharp drop in Q2 and a more modest fall in Q3 could see imports drop by 8 billion euros. When all

    4%

  4. Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
    Photo by MacroPolis

    PoliticsGreek Politics

    , residents have been banned from leaving their homes between 8 p.m. and 8 a.m. after two women

    4%

  5. Greece braces for deeper Covid-19 impact on economy, budget and public debt
    Photo by MacroPolis

    Economy

    pandemic emergency purchases. Greece had an initial debt strategy of 4 to 8 billion euros, depending... around 12 billion to 8 billion, but this could also be revised as the Finance Ministry explores

    4%

  6. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    in the first half of 2019 stood at around 8 billion euros and catering came to around 1 billion euros... the tourism sector, or roughly 480 million euros. Another 8 percent, or 256 million euros in loans

    4%

  7. Newsletter 259 -24/07/2020

    Newsletters

    Essential EU funds secured Greece to get around 70 bln, OECD sees 8 to 9.6 pct contraction this year After days of difficult negotiations in Brussels, the Greek government found out late on Monday... and employment. It repeated its previous estimates that GDP is set to shrink by between 8 to 9.8 percent

    4%

  8. Euroban​k net results show profit of 176 mln in H1
    Photo by MacroPolis

    EconomyBanking

    ) to 223.8 million euros from 211.5 million in Q1 2020. Year-on-year (YoY), PPI rose by 8 percent... funding totalled 8 billion euros during Q2 from 2.7 billion in Q1. This is entirely due to the TLTRO

    4%

  9. Latest market foray for 15-yr bond attracts strong investor interest with record low yield

    EconomyBanking

    and insurance and pension funds with 8 pct. Hedge funds had 9 pct of the allocation. The same issue... by fund managers at 59 pct and hedge funds at 8 pct. Greek participation came to 7 pct. Including

    4%

  10. Newsletter 270 -23/10/2020

    Newsletters

    and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance... share with 61 pct, followed by banks with 17 pct and insurance and pension funds with 8 pct. Hedge

    4%