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EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed
EconomyMacroeconomycontraction now seen a full percentage point higher at 8.7 pct, from 7.7 pct in May. The EU recession
8% -
OECD advocates closer look at health and capital quality of Greek banks
EconomyBankingof new NPEs was substantial at 7.4 and 7.7 billion in 2019 and 2018, compared to 6.2 and 6.8 billion
8% -
Economic sentiment at 90.7 in Aug, construction and retail dip
EconomyMacroeconomy, the EEI has worsened by 7.7 points. Additionally, compared to August 2019, the ESI has decreased
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyof 7.7 billion euros, a sharp drop of 8.7 billion compared to the surplus of 1 billion in the same
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Car sales rise by 3 pct in September and drop by 26.7 pct in first 9 months
EconomyMacroeconomyreading is the first positive reading since February 2020, when the increase came to 7.7 percent
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Apartment prices rise by 3.2 pct in Q3
EconomyMacroeconomy. The prices of new apartments increased by 7.7 percent on average in 2019, against an increase of 2 percent
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Trade deficit falls by 30 pct in October as imports and exports remain slow
EconomyMacroeconomy. Meanwhile, exports to EU countries fell by 7.7 percent, while those to non-EU countries dropped
8% -
Newsletter 277 -11/12/2020
fell by 31.7 percent. Exports to EU countries fell by 7.7 percent, while those to non-EU countries
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PDMA highlights improving debt profile, targets 8-12 bln in new issues for 2021
Economyat 20 years in 2020, compared to an average of 7.7 years for peers like Italy, Spain, Portugal
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Retail turnover rises by 4.4 pct and volume by 4.7 pct in October
EconomyMacroeconomy(+20 percent), supermarkets (+7.7 percent) and clothing and footwear (+5 percent). A decline of 9.3
8%