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  1. Current account shows deficit of 1.10 bln in March as Covid-19 hits trade & travel
    Image via www.moh.gr

    EconomyMacroeconomy

    of 160.1 million euros in March, up from a deficit of 64.2 million euros in the same period last year

    3%
  2. Govt lays out recovery plan to October, launches tourism roadmap
    Photo by MacroPolis

    PoliticsGreek Politics

    . The government also announced a series of incentives to boost start-ups, speed up development on strategic

    3%
  3. Govt pushes tourism message, digests EU stimulus proposal
    Photo by MacroPolis

    PoliticsGreek Politics

    The Greek government, which stands to gain up to 32 billion euros in grants and loans from the Recovery Fund proposed by the European Commission, continues to keep the re-opening of the tourism sector at the top of the its agenda. Ahead of the announcements from Brussels, Prime Minister Kyriakos

    3%
  4. Economic sentiment at 88.5 in May, consumer confidence begins to stabilise
    Photo by MacroPolis

    EconomyMacroeconomy

    confidence indicator edged up by 0.2 points to -76.1 points. This is the second worst reading

    3%
  5. Return to school marked by protests over education bill
    Photo by MacroPolis

    PoliticsGreek Politics

    where necessary. Classes will run for three weeks before breaking up for the summer holidays

    3%
  6. Overall loan interest at 4.05 pct in April, hitting new series low
    Photo by MacroPolis

    EconomyMacroeconomy

    on deposits from households with an agreed maturity of up to one year was almost static at 0.28 percent.

    3%
  7. Tsipras struggles to revive and repackage SYRIZA
    Photo via https://flic.kr/s/aHsmCvcg47

    PoliticsGreek Politics

    up in controversies, due to the actions of certain personalities, such as outspoken former deputy

    3%
  8. CPI falls by 1.1 pct YoY in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    . The data showed that the core index edged up by 0.4 percent in May compared to a decrease of 0.1

    3%
  9. OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    that GDP will fall by up to 8 percent in 2020 under a single-hit scenario, with a recovery of 4.5

    3%
  10. Employment balance positive by 32,975 in May, aggregate figure shows 259,233 fewer jobs
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that were for full-time work came to 55.5 percent. During the month, part-time and shift work made up

    3%