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  1. Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer

    EconomyMacroeconomy

    than 13 pct. Supermarket sales came just short of 15 billion euros and sales of pharma products were... retail sectors that saw drops going as high as 46.8 pct for the jewelry. Restrictions in mobility... down almost 40 pct, while cosmetic sales dropped by more than 39 pct and clothing also fell by 36.6

    9%

  2. Summer optimism undermined by uptick in Covid-19 indicators and subdued expectations for tourism
    Photo by MacroPolis

    PoliticsGreek Politics

    of 4 pct. Wednesday also saw a rise in the number of patients intubated in ICUs from 639 to 642, with occupancy rates in Covid ICU units remaining at more than 70 pct. Meanwhile, wastewater monitoring... to the fact that Greece will have more scheduled direct flights from the US this summer than ever before

    9%

  3. Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
    Photo by MacroPolis

    EconomyBanking

    on the increase -- the news of which saw its stock price fall by more than 27 percent on Friday... as the leading bank partner in this transformation.” The bank’s Q1 net loss was wider than the 30

    9%

  4. Vaccination politics intensify as Greece races to plug immunity gap

    PoliticsGreek Politics

    to the streets. Wednesday saw the first mass anti-vax rallies in Greece, with police estimating that 4,000 marchers gathered in central Athens, and others putting the estimate at more than 5,000... city Thessaloniki. While the size of the crowds is smaller than those seen habitually in Greece

    9%

  5. Retail index rises another 15 pct in May from 2020 lows

    EconomyMacroeconomy

    and supermarket sales were up by 3.3 percent. No retail category saw any decreases, while the main... also up by more than 19 percent. The annual volume increase was led by the same categories..., less than the equivalent turnover. The monthly seasonally adjusted retail sales index in May was up

    9%

  6. Govt grabs opportunity offered by escape clause to entice voters with support package
    Photo via www.primeminister.gr

    Economy

    of competence, the government saw an opportunity to announce a sizeable support package... lead over SYRIZA. In the meantime, Greece is enjoying for the first time in more than a decade... down slightly in the budget as it seems that the recovery came sooner than expected. The impressive

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  7. After travels, domestic issues and party scepticism await Mitsotakis
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    interventions in the coming months. The claim that if GDP increases by even more than 5.9 pct..., which saw some more figures from outside of ND’s ranks brought into the cabinet (much... are in danger of driving away more people than you attract.” Samaras appears adamant that New Democracy’s

    9%

  8. Newsletter 311 - 08/10/2021

    Newsletters

    of 186.5 billion euros will be higher than the level of 2019 that stood at 183.41 billion euros, fully...-emergenceFor the first time since New Democracy swept to power more than two years ago, the centre-right party saw its majority in Parliament shrink slightly this week. Although the dismissal of one

    9%

  9. Greek fiscal deficits and debt since 2000
    Photo by MacroPolis

    Agora

    deficits were accumulated during the period 2000-2010 of some €176 billion; the decade thereafter saw... than the sum of the deficits. How did this happen? The short answer is that the rest of the world... write-off in history to date. Further, Greece was allowed to pay less interest than it would have

    9%

  10. Govt stands firm on 'no lockdown' message, pins hopes on vaccination surge
    Photo by MacroPolis

    PoliticsGreek Politics

    the current vaccination rates and the already congested state of the hospital system. Monday saw... that SYRIZA could be faced with a centre-left leader who is both younger than Alexis Tsipras and untainted by MoU-era government, and therefore more likely to attract wavering voters rather than push

    9%