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  1. Newsletter 259 -24/07/2020

    Newsletters

    staring at big drop in turnover as liquidity calls grow Greece’s travel balance fell to 9.1 million..., receipts showed a drop of 99.7 percent to around 1.9 million euros. Receipts from travellers within... of the year, travel receipts fell by 78.5 percent to 613.7 million euros. Payments also recorded a drop

    4%

  2. IMF insists fiscal targets unrealistic, cites historical evidence to support case
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    the high surplus period they had strong real GDP growth (2.7 percent) and high inflation (4 percent... to the Fund suggest that sustained periods of high primary surpluses require strong economic growth... primary surpluses that are achieved through strong fiscal adjustment are often reversed following

    4%

  3. Greece’s 14–29s: Ambitious, anxious and lacking trust
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    strong desires to emigrate; about 29.3% declare a “strong” or “very strong” desire to live abroad... and values. The youngest cohort (14–18) shows particularly strong nationalist tendencies, combining... towards parties and institutions paired with a strong desire to be heard. Trust in politicised

    4%

  4. Newsletter 268 -09/10/2020

    Newsletters

    adverse scenario in the same estimates of the Stability Programme of 2020. Following the sharp drop... to drop by circa 10 pct on an annual basis in the third quarter, and just short of 8 pct in the last..., exports will drop by 24.8 pct and imports will also drop by 15.1 pct. Only government spending

    4%

  5. A third of young Greeks would consider emigrating to escape economic problems
    Photo by Harry van Versendaal

    Society

    , Slovakia at 40 percent and Italy at 37 percent. However, 35 percent of Hungarians, 31 percent of Greeks

    4%

  6. Consumer scorecard finds Greeks struggling most in EU with cost of living crisis
    Photo by EC - Audiovisual Service

    Economy

    by Hungarians and by some distance the Portuguese.

    4%

  7. Industrial turnover drops by 9.3 pct in March
    Image via www.titan.gr

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 9.3 percent year-on-year (YoY) in March compared to a drop... percent decrease in the mining and quarrying index, along with a drop of 9.3 percent... in the non-domestic market fell by 10 percent. The drop in the domestic market was driven by a fall

    4%

  8. Industrial turnover drops 3.5% in December as overseas markets hit
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    from a year earlier, compared with a revised drop of 2.5 percent in November, according to data... before. The index’s performance in December was led by a 12.1 percent drop in the mining... market dropped by 2.2 percent. In the non-domestic market, December’s drop in industrial turnover

    4%

  9. Coca Cola-HBC revenues rise by 5 pct in Q3
    Image via www.coca-colahellenic.com

    EconomyCorporates

    million (+9.1 percent). Sales were particularly strong in Hungary and the Czech Republic... increased by 5.6 percent on a reported basis, rising from 741.7 million to 783 million. Strong growth... 677.3 million). Good weather in southern Europe and a strong tourism season were cited as the main

    4%

  10. Mitsotakis pushes for broad consensus after surprise announcement on postal vote

    PoliticsGreek Politics

    was unexpected, New Democracy has strong motives to move in this direction. One is the party’s strong ties with the Greek diaspora, and the other is its strong base among the older demographics. The party has... to increase democratic participation and provide a strong response to voter apathy. The proposal

    4%