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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economyto cover medical costs, but should come with conditions if they are used for economic support. It has... loans to EU member states so that they can protect jobs and provide income support. Again... of the Eurosystem, which will support credit to the economy by easing the conditions for the use
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economyconditionality as long as they “commit to use this credit line to support domestic financing of direct... Bank create a pan-European guarantee fund of EUR 25 billion, which could support EUR 200 billion... Management Agency (PDMA) are already considering adjustments to their debt strategy to finance the support
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Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesin government spending to support the real economy. For Greece, this may mean a reduction in the required primary surpluses of the state budget for as long as necessary in order to support the economy... to plan more interventionist policies to support businesses and households, KEPE said. It also advised
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Economyto support the economy, the fiscal deficit this year will reach 4.7 pct of GDP, before it recovers to near... to the general lockdown on March 22 and the overall policy interventions to support the economy following the closures. The overall support package is 10 pct of GDP, including the various state
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Covid-19 fears start to wane as concerns about economic impact grow
PoliticsGreek Politicsand employees, with café and restaurant owners staging protests this week to demand more support and greater... for a slight decline in support for New Democracy, which still maintains a big lead over SYRIZA. Support for ND has dropped from 45 pct last month to 42.5 pct this month. Backing for SYRIZA has remained
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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politicsavailable to support struggling businesses and families. The European Commission estimates... resources and will not be in a position to support all businesses and can only provide stipends for a brief... of the crisis has been that the centre-right party is not doing enough to support the economy and workers
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Newsletter 252 -29/05/2020
EU recovery plan seen as boost PM pleased with Brussels plan as SYRIZA says ND support measures... so far to support struggling Greek businesses and households. European Commission president Ursula... than apply for the government’s SURE-backed employment support scheme. In his response to SYRIZA
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Parties jostle over economic data, public still backs ND approach on pandemic
PoliticsGreek Politicsto enjoy support for its handling of the Covid-19 crisis. The Q1 GDP data published on Thursday... enough in its support policies. Centre-left KINAL also argued that the government should take little... continues to enjoy strong support for the way it tackled Covid-19. According to Pulse, 75 pct of Greeks
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Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions
EconomyProgrammestages and the response in terms of support measures needed to cushion its impact on the economy... had to top up the support measures because the impact on the economy was worsening. The Commission... of pensions. The report estimates that the support measures to date are broken down by 3.1 billion
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IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
EconomyProgrammesignificantly since March despite the various support measures. The IMF expects the Greek economy... to implement further measures to support the economy that might require additional support from the European partners. Although banks enjoy at this stage support measures from the supervisory and Greek
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