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  1. PM joins forces with some eurozone partners to lobby for "corona-bond"

    PoliticsGreek Politics

    to 3 percent of GDP in 2020. He noted that if the impact of the virus is felt beyond the summer... which could allow member-states to borrow the equivalent of 2 percent GDP to cover needs arising from

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  2. Newsletter 247 -10/04/2020

    Newsletters

    and 3 in 4 self-employed and freelancers. Already 80,000 applications have been submitted to the platform that opened last week. 2 Unemployment at 16.4 pct in Jan Headline figure remains unchanged from

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  3. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    environment, with the IMF seeing a global recession of 3 pct, a revision from the pre-crisis levels of 6... was accordingly raised by 5 billion euros on April 2, following the Eurogorup decision to waive the fiscal

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  4. Leaders clash over economy as PM looks on bright side of Eurogroup assessment
    Photo by MacroPolis

    PoliticsGreek Politics

    economy was on course to expand by close to 3 percent, but ended up contracting in the final quarter... a 2 pct discount on the total. Eurogroup Mitsotakis also referred to the Eurogroup decision a few

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  5. Newsletter 254 -19/06/2020

    Newsletters

    (+38.7 percent) and postal and courier activities (+15.4 percent). 2 Unemployment drops to 16.2 pct.... The jobless rate has declined by 3 percentage points (pps) from the Q1 2019 figure of 19.2 percent

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  6. Overall loan interest rate drops to 4.23 pct in May

    EconomyMacroeconomy

    loans dropped by 2 bps to 3.86 percent. The spread between existing loan and deposit rates fell... proprietors fell by 3 bps to 6.81 percent. Corporate loans with a defined maturity at a floating rate

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  7. OECD forecasts unemployment increase into 2021
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    . Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which

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

    EconomyMacroeconomy

    of 7.3 percent to 2 billion euros. For euro-denominated countries, receipts showed a drop of 77.4.... In total, arrivals showed a drop of 80.1 percent in the first seven months of the year and came to 3

    17%

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

    EconomyFeatures

    a downward trend, shrinking by -3 percent in 2017 and -2.8 percent in 2018). In addition, as a lasting.... It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment

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  10. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    to 9 pct of GDP this year and recover to 3 pct in 2021, towards a more stable path in the 2022..., and aim towards a 2 pct of GDP primary deficit, instead of a balanced like the authorities aim.

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