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  1. Newsletter 241 - 28/02/2020

    Newsletters

    NPL stock was now of utmost importance. 2 Economic sentiment at 113.2 in Feb Strong improvements... increased by 8.4 points month-on-month to 33.6 points. Retail trade rose by 6 points month-on-month

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  2. Regulatory and legal challenges from the increased penetration of LNG
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    Legal

    (2) and 8(6) of the REMIT Regulation, foresee the obligation of participants in the above market

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  3. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    . The equivalent figure for the same time last year was 182 million. A smaller fall of 2 million euros... entities dropped by 6 million euros month-on-month, while non-gg entities fell by 1 million. With bank

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  4. Forum showcases closer Greek-German trade relations, with diplomatic overtones
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    in Berlin. Opening the event, Chancellor Angela Merkel referred to the 6 billion euos worth of German exports to Greece in 2019, and the opportunities to build on the 2 billion euros of Greek imports

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  5. More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
    Photo by MacroPolis

    Economy

    that the danger of growth coming in below 2 pct this year as opposed to the 2.8 pct set out in the budget is now... the end of the year and reducing the VAT rate for accommodation to 6 from 13 pct. SETE suggests

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  6. IMF expects difficult year for public finances, PBO highlights impact on labour force
    Photo by MacroPolis

    EconomyMacroeconomy

    within 6 months, one of medium speed taking about a year and slow recovery of 2 years

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  7. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    environment, with the IMF seeing a global recession of 3 pct, a revision from the pre-crisis levels of 6... was accordingly raised by 5 billion euros on April 2, following the Eurogorup decision to waive the fiscal

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  8. ND hopes economy will pick up as second stage of lockdown easing begins
    Photo by MacroPolis

    PoliticsGreek Politics

    . It is estimated at 6 billion, 2.9 pct of GDP, for next year. Greece is below the euro area average... up to 2 pct of its GDP before the end of 2022, which for Greece means roughly 3.8 billion euros

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  9. Greece gears up to secure slice of smaller tourism pie this summer
    Photo by Yiannis Drakoulidis/Fosphotos

    PoliticsGreek Politics

    earning minimal revenues, the newspaper reported. VAT on hotel stays is expected to drop to 6 pct... to make use of up to 2 billion euros from the European Commission’s SURE programme to subsidise jobs

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  10. Opposition picks holes in latest measures to mitigate economic impact from pandemic
    Photo by MacroPolis

    PoliticsGreek Politics

    3.2 bln euros are guarantees and suspension of payments, while 2 bln euros will come from... to the lowest rate, 6 pct. Kathimerini reported that the Greek authorities are looking to set up

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