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  1. Updated privatisation plan seeks to make up for ground lost in 2020

    Economy

    of Greek privatisations was introduced, the progamme has collected roughly 6.8 billion euros... that the AIA is one of the projects that has been affected most as it is directly linked to the recovery

    2%

  2. SYRIZA lays out alternative vision to counter government's RRF plan
    Photo via www.syriza.gr

    PoliticsGreek Politics

    this summer. The plan has been met with criticism from opposition leader Alexis Tsipras, who presented... The government, meanwhile, has indicated that it is aiming to receive up to 7.9 billion euros

    2%

  3. Amid promising signs for tourism, govt hedges its bets with targeted support

    PoliticsGreek Politics

    million shots delivered as of Monday. Currently 34.5 pct of the adult population has received at least one..., where a universal vaccination programme dubbed “Blue Freedom” has been in progress. In the past week

    2%

  4. Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
    Photo by MacroPolis

    Economy

    of the PEPP scheme, the Public Debt Management Agency (PDMA) has taken advantage of the positive... the full debt strategy has been executed.

    2%

  5. Piraeus and Alpha forge ahead with share capital raises and securitisations
    Photo by MacroPolis

    EconomyBanking

    pct of the share capital has declared its intention to participate in the share offering... of the gross book value. Piraeus also said that it has already applied for the state backing

    2%

  6. Athens broadly satisfied with EU Council approach on Turkey

    PoliticsForeign Policy

    that the tension [in the East Med] has decreased and delaying taking concrete decisions to implement... islands while their asylum request has been rejected. Pandemic dominates Turkey, however, was not on top

    2%

  7. Q1 unemployment at 17.1 pct amid drop in employed, rise in inactives
    Photo by MacroPolis

    EconomyMacroeconomy

    ) representing 58.4 percent of the total unemployed. Alarmingly, the largest portion, 178,100 has not worked... with temporary jobs is 6.1 percent. Part-time employment has decreased by 6.3 percent compared to Q4 2020

    2%

  8. Industrial production up by 14 pct YoY in May
    Image via www.viohalco.com

    EconomyMacroeconomy

    the first five months of the year, the IPI has increased by 9.8 percent YoY. The aggregate was driven..., after rising sharply by 12.9 points in May. Year-on-year, industry confidence has jumped by 21.1

    2%

  9. Fitch maintains Greek 'BB' rating with stable outlook amid some lack of visibility
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    As anticipated, Fitch kept its credit rating for Greece steady at ‘BB’ with a stable outlook. Fitch last upgraded Greece by two notches in January 2020, just weeks before the pandemic hit and has... prospects are hampered. On the other hand, Fitch has not factored in its forecasts the impact of the 12.7

    2%

  10. Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    treatment of employees as inactive if unavailable for work due to furlough schemes has caused... month of Greece exiting its first lockdown - the employment balance has more than doubled, from 35,934

    2%