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  1. EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022

    EconomyMacroeconomy

    , but also gains in exports of goods whose growth was interrupted by the pandemic. The Commission’s

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  2. Apartment prices rise 3.2 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    percent in 2020, compared with an average increase of 7.2 percent in 2019. The latest quarter’s

    1%

  3. Employment balance positive by 33,210 in April; catering starts hiring ahead of reopening
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyMacroeconomy

    The employment balance was positive with 33,210 more hirings than people leaving their jobs in April, data from the Labour Ministry’s Ergani information system showed. Compared to the same month last year, the employment balance improved by 26,005. But despite that pick up from last year, which

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  4. Primary cash balance deficit at 6.14 bln in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s central government recorded a primary cash balance deficit of 6.14 billion euros in the first four months of the year, according to figures released by the Bank of Greece. The cash balance for the same period last year, excluding bond issuance and the financing of the cash buffer, came

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  5. Travel balance falls by 71.7 pct in March
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance came to a surplus of 9.2 million euros in March from 32.5 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 71.7 percent year-on-year (YoY). Receipts came to 33.9 million euros for the month, falling by 63 percent YoY. Travel payments

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  6. Piraeus announces Q1 loss of 407 mln as provisions mount
    Photo by MacroPolis

    EconomyBanking

    quarter. This full amount corresponded to the full utilization of ECB’s targeted long-term refinancing

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  7. Economic sentiment rises to 108.6 pts in May; industry hits 2007 high
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) rose sharply in May by 10.7 points to 108.6 points, following a 1 point month-on-month rise in April, European Commission figures showed on Friday. The Employment Expectations Indicator (EEI) came to 110.9, rising by 5 points, after dropping by 3.4 points in April

    1%

  8. OECD ups 2021 growth estimate by nearly 3 points, underlines RRF impact
    Photo via http://www.oecd.org/

    EconomyMacroeconomy

    subsidies that have contributed to a significant rise in bank lending towards enterprises. Next year’s

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  9. Deposits rose by 2.96 bln in April; biggest increase in four months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    deposits of 55.4 billion euros. April’s inflow is the biggest increase since December, and takes

    1%

  10. PMI jumps to 58 points in May, strongest upturn in 20 years
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    Greece’s manufacturing PMI rose to 58 points in May from 54.4 points in April, signalling that the sector is poised for a strong rebound, according to the latest data from Markit. According to Markit, readings over 50 indicate overall improvement. The latest figure signaled the strongest

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