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  1. Loans under credit servicing firms edges down by 0.4 pct QoQ to 30.90 bln in Q2
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyBanking

    The Bank of Greece’s (BoG) released statistics for the second quarter (Q2) of 2020 regarding the operations of Credit Servicing Firms (CSFs) in Greece. BoG said that the data was being provided as part of ongoing efforts to further enhance the information disseminated to the public and to analysts

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  2. Unemployment edges up to 16.7 pct in Q2 as tourism jobs dry up
    Photo by MacroPolis

    EconomyMacroeconomy

    unemployed constitute 66.2 percent. The latest quarter’s figure for long-term unemployed has remained

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  3. Travel balance falls by 85.1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to 516.4 million euros in July from 3.47 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 85.1 percent year-on-year (YoY). Receipts came to 577 million euros for the month, falling by 84.4 percent YoY. Travel payments also

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  4. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    At the end of 2019, the Greek property market was showing signs of a gradual recovery from the battering it received in the country’s decade-long financial crisis, and 2020 looked set to continue the trend. The Covid-19 pandemic has had a chilling effect on the sector, as it has on most areas

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  5. Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct

    EconomyFeatures

    of creating jobs and attracting investment. INSETE noted that through Greece’s economic crisis

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  6. Apartment prices rise by 4.1 pct in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in 2019 compared to an average increase of 1.8 percent in 2018. . The latest quarter’s

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  7. Consumer confidence drops by 6 pts as economic sentiment declines in September
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) dropped by 1.2 points month-on-month in September to reach 89.5 points, European Commission (EC) figures showed on Tuesday. In September, the Employment Expectations Indicator (EEI) for Greece came to 105.3 points compared to 105.6 points in August. Compared

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  8. Trade deficit falls by 27.1 pct in August
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s trade deficit fell by 27.1 percent year-on-year (YoY) in August compared to a drop of 17.1 percent in July, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed. The deficit came to 1.27 billion euros for the month. Imports totalled 3.33 billion euros, showing

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  9. CPI falls by 2 pct YoY in September
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 2 percent year-on-year (YoY) in September compared to a decline of 1.9 percent seen in August, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The average CPI for the rolling 12 months fell by 0.7 percent. Month-on-month, the CPI

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  10. Govt holds off on new Covid-19 measures as public reacts to GD ruling
    Photo by Pavlos Svoronos/Fosphotos

    PoliticsGreek Politics

    , with an average age of 78. Attica remains a hot spot for the virus, claiming 219 of Thursday’s cases. Petsas

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