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  1. Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
    Photo by MacroPolis

    Economy

    the pandemic, the global recession and the drop in tourism. Fitch expects a gradual recovery in the second half

    4%

  2. PMI crashed to 29.5 points in April during sharpest ever decline
    Image via www.titan.gr

    EconomyMacroeconomy

    figure down to a new series low was the sharpest contraction in output for just over two decades. Global

    4%

  3. Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
    Photo by MacroPolis

    PoliticsGreek Politics

    to make the Greek offering more competitive in the global market, a freeze on income tax pre-payments

    4%

  4. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    As Greece moves to reopen its tourism season, how the industry will respond and cope in the new global enviroment for travel has implications for Greece’s banking sector. Based on data from Bank of Greece's financial stability report, as of mid-2019 Greek banks had exposures to businesses of 122.5

    4%

  5. Trade deficit falls by 30.3 pct in April as Covid-19 restrictions hit trade
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    , which have heavily affected global trade. The deficit came to 1.13 billion euros for the month

    4%

  6. Parties jostle over economic data, public still backs ND approach on pandemic
    Photo by MacroPolis

    PoliticsGreek Politics

    between Greece and global supply chains. Either way, the Finance Ministry is braced for worse figures

    4%

  7. Officials order wider use of masks as upward trend for Covid-19 cases continues
    Photo by MacroPolis

    PoliticsGreek Politics

    from August 1. The announcement left many observers perplexed given that the global cruise industry

    4%

  8. Experts recommend extensive reforms to overhaul economy amid mixed reception
    Photo by MacroPolis

    PoliticsGreek Politics

    economy with global trends and develop its competitive advantages. The report issues a number

    4%

  9. High number of Covid-19 cases puts strain on government
    Athens Airport metro

    PoliticsGreek Politics

    as a proportion of the country’s population remain relatively low in global terms. For instance, a report

    4%

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

    EconomyMacroeconomy

    to be a slow and gradual process due to the pace of recovery in global conditions.

    4%