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  1. New data highlights pandemic impact on enterprises as turnover falls sharply

    EconomyFeatures

    , fell by 25.1 percent in the second quarter of the year, reaching just under 60 billion euros. The relevant turnover in the same period last year was 78.8 billion euros. The sharpest decline was noted

    1%

  2. Central government debt increases by 1.04 bln to 362.87 bln in Q2
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the year showed that T-bills made up 53.8 percent of all government borrowing, followed by fixed... year) and medium-term (1 to 5 years) debt accounted for 12.6 and 11 percent of the total figure

    1%

  3. Bank deposits rise by 3.32 bln in July

    EconomyMacroeconomy

    they stood at 160.29 billion. In July last year, net deposit movement was positive by 1.61 billion euros... figure for the same period last year showed inflows of 4.35 million. The latest aggregate balance

    1%

  4. PMI edges up to 49.4 points in August, employment rises
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    manufacturing sector was showing some signs of recovery after the sharp drop earlier in the year. The increase... of a rise in output over the coming year, firms discounted their selling prices further in an effort

    1%

  5. Property e-auctions resume after pandemic hiatus as banks focus on NPLs
    Photo by Vassilis Asvestopoulos/Fosphotos

    EconomyBanking

    . During March, 842 auctions were held compared to 1,302 in the same month last year. No auctions... of the year, over 8,000 auctions have been scheduled according to eauctions.gr. Banks had been

    1%

  6. Moria fire propels migration issue back to top of political agenda
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    compared to last year. He claimed that the increase in repatriations and transfers meant that Greece... from local communities last year when it announced plans to house refugees in disused army barracks

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  7. Greeks suspicious of Covid-19 origins but warming to vaccine, polls show

    Society

    vaccine. Only 32 percent of respondents said they had the flu vaccine last year, but 45.3 percent said that this year they would have the vaccine. Positive attitudes to vaccines were also expressed

    1%

  8. CPI falls by 1.9 pct YoY in August
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 1.9 percent year-on-year (YoY) in August compared to a decline of 1.8 percent seen in July, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday. The average CPI for the rolling 12 months fell by 0.5 percent. Month-on-month, the CPI

    1%

  9. ​Wages index up by 3.8 pct YoY in Q2 2020
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) Wages Index turned positive by 3.8 percent year-on-year (YoY) in the second quarter (Q2) of 2020, following a drop of 0.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Friday. The annual index showed the highest YoY increase since Q4

    1%

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

    EconomyMacroeconomy

    and the recession on the budget execution. The first seven months of the year have a primary deficit... period last year. PBO notes that 8 billion can be attributed to emergency fiscal measures to deal

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