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  1. Newsletter 262 -04/09/2020

    Newsletters

    dropping by 9 percent while gross fixed capital formation dropped by 10.3 percent YoY. Exports of goods

    6%

  2. Industrial production drops by 0.2 percent in July
    Photo by MacroPolis

    EconomyMacroeconomy

    , the IPI fell by 3.8 percent compared to the same period in 2019. The aggregate was driven by a 9 percent

    6%

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

    EconomyMacroeconomy

    in the 15-19 age group, where the unemployment rate fell by 9 pps YoY to 32.5 percent

    6%

  4. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    for the first six months of 2020 is better than the 9 pct drop observed in the rest of the eurozone

    6%

  5. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    of October. On the macro front, the Commission maintains its latest estimates for 9 pct recession this year

    6%

  6. Employment balance positive by 38,529 in September
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    -time work and 9 percent for shift work. In September, hirings were split by 45.6 percent for men

    6%

  7. 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

    6%

  8. Govt scurries for effective Covid-19 response as opposition finds more holes to pick
    Photo by MacroPolis

    PoliticsGreek Politics

    The government announced on Monday a full two-week lockdown for the northern cities of Thessaloniki and Serres as part of the latest drive to stifle the coronavirus and prevent even graver healthcare and political problems. Monday’s announcement, which means that a 9 p.m. to 5 a.m. curfew

    6%

  9. Concern over ICU capacity, support for business generate pressure for ND
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , for instance, now sees 2020 at -9 pct, from -7.5 pct in September and does not expect next year’s

    6%

  10. Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
    Photo by Pavlos Svoronos/Fosphotos

    Economy

    , with the economy contracting by 9 pct, however the agency anticipates a strong recovery in 2021 and even

    6%