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  1. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    and put the economy on track for recovery in the autumn. The three pillars of the plan were described... catering not being serviced.. As pointed out in the report, the property market is also connected... 1.75 billion euros, of which 77 percent are considered fully serviced. The remaining 370 million

    10%

  2. Tech start-ups click into place to fight off Greek recession
    Photo by Harry van Versendaal

    Society

    closed down, while the 2012 accounts of almost 4,500 firms analyzed by the Icap Group found that 52

    10%

  3. China's Footprint in Southeast Europe: Constructing the "Balkan Silk Road"
    Photo by Andrea Bonetti/Fosphotos

    Agora

    This is the final of three articles in which the author analyzed China’s investment, lending and infrastructure initiatives in Southeast Europe for Macropolis. The first contribution focused on China’s ‘Gateway to Europe’ via the Port of Piraeus in Greece. The second part looked at China’s emerging

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  4. Where is Odysseus? Part 1 - Demographics

    Agora

    In 2019, one of us wrote a book[1] about the Greek economy called “The Macroeconomy of Greece. Odysseus’ Plan for the Long Journey Back to Debt Sustainability.” This book was published before the Covid Pandemic emerged. It was based on data through 2018. The book analyzed Greece’s economic trends

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  5. Slow pace of civil service evaluation, Hellenikon deal add to review agenda
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    Several areas of potential tension between the government and Greece’s lenders have emerged ahead of the third review. Athens is still struggling to find a way to conduct a performance evaluation in the public sector after civil servants’ unions instruc...

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  6. Athens struggles with civil service evaluation, reduction of arrears
    Photo by MacroPolis

    EconomyProgramme

    The Greek government has its hands full at the moment with the effort to complete as many prior actions as possible from the fourth review so there can be a staff-level agreement by the May 24 Eurogroup. Apart from the fact that many of the 88 key deliv...

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  7. Health service in spotlight as govt scrabbles for more measures to contain Covid

    PoliticsGreek Politics

    The government is set to admit defeat in its strategy for containing Covid-19 as health data continues to cause concern and new measures are set to be announced to rein in the virus. Although the coronavirus numbers have been worrying for several days, ...

    10%

  8. OECD proposes ways to improve competition, estimates positive economic impact at 414 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    recommends the current pricing rule that foresees a maximum price reduction for generics... in the analysed sectors. The bulk of the positive impact stems from wholesale trade (198 million

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  9. Newsletter 141

    Newsletters

    to appear in the Greek economy this year, though they are fragile. Tourism, one of the main pillars... by strong services balance growth as travel receipts continue to increase Travel receipts rose by 15.5... euros year-on-year and was driven by a 350 million rise in the services balance, and by the deficit

    9%

  10. Govt tables 2018-21 MTFS containing 4.5 bln in measures, sees growth rising from 1.8 pct this year
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    fiscal stability is based on two pillars: strict control and allocation of expenditure... reflecting higher purchases for goods and services, social benefits (mostly due to the introduction... is seen down by 1.8 percent on the back of lower purchases of goods and services as well as social

    9%