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PM looking to build on RRF approval to augment profile as moderniser
Prime Minister Kyriakos Mitsotakis is beginning today a series of visits to various parts of the country to present the government’s Greece 2.0 recovery plan as he tries to build on the momentum of Thursday’s approval by the European Commission.
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Industrial turnover jumps by 52.5 pct in April on base effects
Greece’s industrial turnover rose 52.5 percent from a year earlier in April, compared with a revised increase of 18.5 percent in March.
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Current account shows deficit of 2.08 bln in April as trade continues overall rebound
Greece posted a current account (C/A) deficit of 2.08 billion euros in April compared to 1.46 billion euros in March, Bank of Greece (BoG) data showed on Friday.
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Primary cash balance deficit at 8.23 bln in May
Greece’s central government recorded a primary cash balance deficit of 8.23 billion euros in the first five months of the year, according to figures released by the Bank of Greece.
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Politics
Labour bill vote fans climate of polarisation
Significant changes to labour relations are on the way, after a landmark bill voted into law by Parliament on Wednesday amid protests by unions and the opposition.
Labour bill clash reaches climax as MPs prepare to vote on reforms
Government under fire for supporting controversial fertility conference
Economy
PBO ups growth estimate to 3.6-4.8 pct, warns of complacency and inequality risks
Following the positive developments in the first quarter of the year, when the economy only shrank by 2.3 pct on an annual basis, in its latest quarterly report the Parliamentary Budget Office shifted from its previous baseline scenario of annual growth of 2.7 pct, to the positive range of growth of 3.6 to 4.8 pct in 2021.
Loans under credit servicing firms increase 7.2 pct QoQ to 42.8 bln
Wages index up by 5.8 pct YoY in Q1 2021, rises by 1 pct QoQ
Society
Greece falls behind on gender equality due to drop in political empowerment
Greece has been singled out for its poor performance in the global rankings of the World Economic Forum (WEF) 2021 Global Gender Gap Report.
New development law chips away at Greece's Natura 2000 regime
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Public sector staff trends survive MoU exit, change of government
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Agora
Productivity developments in the Greek public and private sector
In Blog 5 for Macropolis, we demonstrated that in Greece the government employment trend, in relative terms, is outstripping the hiring trend in the private sector almost irrespective of the economic cycle.
The allocation of labor resources in Greece and the EU-27
Podcast - Greece's year of trying to shake off Covid-19