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  1. EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed

    EconomyMacroeconomy

    contraction now seen a full percentage point higher at 8.7 pct, from 7.7 pct in May. The EU recession

    8%
  2. OECD advocates closer look at health and capital quality of Greek banks
    Photo via http://www.oecd.org/

    EconomyBanking

    of new NPEs was substantial at 7.4 and 7.7 billion in 2019 and 2018, compared to 6.2 and 6.8 billion

    8%
  3. Economic sentiment at 90.7 in Aug, construction and retail dip
    Photo by MacroPolis

    EconomyMacroeconomy

    , the EEI has worsened by 7.7 points. Additionally, compared to August 2019, the ESI has decreased

    8%
  4. PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    of 7.7 billion euros, a sharp drop of 8.7 billion compared to the surplus of 1 billion in the same

    8%
  5. Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
    Photo by Andreas Simopoulos/Fosphotos

    EconomyMacroeconomy

    reading is the first positive reading since February 2020, when the increase came to 7.7 percent

    8%
  6. Apartment prices rise by 3.2 pct in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    . The prices of new apartments increased by 7.7 percent on average in 2019, against an increase of 2 percent

    8%
  7. Trade deficit falls by 30 pct in October as imports and exports remain slow
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    . Meanwhile, exports to EU countries fell by 7.7 percent, while those to non-EU countries dropped

    8%
  8. Newsletter 277 -11/12/2020

    Newsletters

    fell by 31.7 percent. Exports to EU countries fell by 7.7 percent, while those to non-EU countries

    8%
  9. PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
    Photo by MacroPolis

    Economy

    at 20 years in 2020, compared to an average of 7.7 years for peers like Italy, Spain, Portugal

    8%
  10. Retail turnover rises by 4.4 pct and volume by 4.7 pct in Octo​ber
    Photo by MacroPolis

    EconomyMacroeconomy

    (+20 percent), supermarkets (+7.7 percent) and clothing and footwear (+5 percent). A decline of 9.3

    8%