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

    Economy

    percentage points and a deep euro area contraction of 7.5 pct, downward revised by 9 percentage points

    2%

  2. Economic diversification vital to Greece's post-coronavirus future
    Photo via https://flic.kr/p/2dqKrWG

    Agora

    and cumulative basis. One area where Greece has not escaped though, is the economic contraction

    2%

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

    Economy

    The European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession of historic proportions this year.” Euro area GDP is seen falling by 7.75 pct in 2020 and grow by 6.25 pct

    2%

  4. Turkey continues Aegean jostling as Athens sends envoy to Syria, renews backing for Western Balkans
    Photo by Finnish Presidency of EU

    PoliticsForeign Policy

    on Sunday, were conducting “routine flights” in the area. Greece responded via Foreign Ministry’s

    2%

  5. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    by the Commission. At least 17 nations in the Schengen area have imposed emergency border controls

    2%

  6. Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    ratio to 15 percent area in the first quarter of 2020.” In their latest statement, the bank said

    2%

  7. Refugee housing deadline puts spotlight back on migration policy
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    . This policy area is therefore likely to become increasingly critical in the coming months

    2%

  8. ECB boost for Greek debt as authorities ponder new market foray
    Photo by MacroPolis

    Economy

    billion euros of GGBs, from a total of 186.6 billion euros of purchases across the euro area

    2%

  9. Greek-Italian sea borders, EEZ pact ties up loose end but also carries wider significance
    Photo via https://flic.kr/p/2jag5de

    PoliticsForeign Policy

    fishing activity of Italian fishermen in the area remains between 6-12 nautical miles, which today

    2%

  10. OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    area’s GDP is expected to contract by 9.1 percent. Under a double-hit scenario, the contraction

    2%