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  1. Newsletter 241 - 28/02/2020

    Newsletters

    , that would translate to the loss of 1 percentage point of growth, or 1.8 billion euros. The shipping sector... increased by 8.4 points month-on-month to 33.6 points. Retail trade rose by 6 points month-on-month

    16%

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

    EconomyMacroeconomy

    entities dropped by 6 million euros month-on-month, while non-gg entities fell by 1 million. With bank

    16%

  3. NBG results show net profits of 18 mln in Q4 and 484 mln in 2019
    Image via www.nbg.gr

    EconomyBanking

    of around 6 billion euros set to launch when market conditions allow. Since 2015, NPEs have been reduced... lending fees, as disbursements towards Greek corporates accelerated to 1 billion in the quarter

    16%

  4. Newsletter 246 -03/04/2020

    Newsletters

    if the companies concerned are prompt payers. Additionally, the government will put up 1 billion euros... fell by 6 percentage points to 4.30 percent in February from 4.36 percent in January, data from

    16%

  5. More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
    Photo by MacroPolis

    PoliticsGreek Politics

    they pre-paid, a measure for which the government has set aside 1 billion euros as it tries to boost... in order to prevent the coronavirus spreading is costing the budget 6 billion euros a month. Spending has

    16%

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

    EconomyMacroeconomy

    contributions at 1.01 billion and the return of the tax pre-payment at 1 billion euros, all expected to last... within 6 months, one of medium speed taking about a year and slow recovery of 2 years

    16%

  7. Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
    Photo by MacroPolis

    PoliticsGreek Politics

    round cost around 6 billion euros. Finance Minister Christos Staikouras told Parliament that Greece... of the pandemic could cost as much as 1 billion euros. Speaking to Skai TV on Sunday morning, the minister did

    16%

  8. 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... by 1 pct on the back of supportive spending measures. Investments will contract by 4.6 pct

    16%

  9. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    next year. The EU economy is expected contract by 7.5 pct and grow by 6 pct in 2021. For Greece... recovering by 5.1 pct in 2021. Private consumption is seen falling by 4.1 pct, public spending to grow by 1

    16%

  10. 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... the ESM is ready to grant loans from June 1, the chances of Greece tapping the credit line at this stage

    16%