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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBanking. From the total, 14.7 billion euros were considered performing, of which 2.2 billion euros were
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomypercent in 2020 compared to the previous forecast of 2.2 percent growth, which is the largest among
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CPI falls by 1.1 pct YoY in May
EconomyMacroeconomypercent) and communication (-2.2 percent). Increases were noted in clothing and footwear (+3.4 percent
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Newsletter 253 -12/06/2020
percent in transport. This was followed by housing (-3.9 percent) and communication (-2.2 percent). Car
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OECD forecasts unemployment increase into 2021
EconomyFeaturesGDP falling by 9.3 percent before recovering by 2.2 percent in 2021. In terms of the depth
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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomy45-54, where unemployment fell by 2.2 pps. The employment rate for this age group stands at 12.3
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Newsletter 257 -07/07/2020
percent before recovering by 2.2 percent in 2021. Also during the week, it was revealed that the stock
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OECD releases new outlook calling for sustained reforms post Covid-19
Economypoint by 2030. “Higher growth and a sustained primary budget surplus of 2.2 percent of GDP would
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Industrial turnover drops by 3.8 pct in June, slowing from previous months
EconomyMacroeconomyin the domestic market fell by 2.2 percent. The drop in the domestic market was driven by a fall
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Receipt losses near 5 bln in first six months as June tourism figures disappoint
EconomyMacroeconomyin the first six months of the year and came to 2.2 million visitors. The aggregate breakdown
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