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  1. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
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    Economy

    by 1 pct on the back of supportive spending measures. Investments will contract by 4.6 pct

    5%

  2. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    pct, gross fixed capital formation to decline by 4.6 pct and exports of goods and services to drop

    5%

  3. PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
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    EconomyMacroeconomy

    at -2.4 pct of GDP, -4.5 pct and -4.6 pct with the corresponding debt levels at 188.3 pct of GDP

    5%

  4. Apartment prices rise by 6.9 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in Thessaloniki, 4 percent in other cities and 4.6 percent in other areas of Greece. Apartment prices in Greece

    5%

  5. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    YoY to stand at 386.3 million euros in April. The travel balance showed a very slight surplus of 4.6

    5%

  6. Travel balance falls by 97.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance fell to 4.6 million euros in April from 31.6 million a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 97.8 percent year-on-year (YoY). Receipts came to 7.3 million euros for the month, falling by 89.7 percent YoY. Travel payments also

    5%

  7. Most businesses think two years needed to overcome Covid-19, expect more govt assistance
    Photo by MacroPolis

    EconomyFeatures

    that they had not, while 4.6 percent declined to comment. A strong majority, 66.3 percent, said

    5%

  8. Newsletter 258 -07/17/2020

    Newsletters

    operations due to the restrictions and 46 percent said that they had not, while 4.6 percent declined

    5%

  9. Budget deficit balloons to 8.2 bln euros in July amid measures linked to pandemic
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    EconomyMacroeconomy

    the first seven months of the year, total expenditure came to 34.76 billion, overshooting the target by 4.6

    5%

  10. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 6.9 percent in June following a revised drop of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s reading is the second lowest drop in the year so far after the series low of -24.5 percent in April

    5%