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Conflict in Middle East puts fresh pressure on economy
EconomyMacroeconomyThe relative stability and calm that the Greek economy profited from over the last couple of years... and will affect the growth outlook for Greece. The side-effects of the crisis can affect the Greek economy... issues and low competition in certain sectors, prices in the Greek economy are usually quick to respond
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Moody's raises Greece two notches to 'B1' but highlights challenges for further upgrades
Economycuts. At ‘B1,’ Moody’s now is on par with S&P at the ‘B+’ equivalent, both a notch behind Fitch at ‘BB... appears firmly anchored with the reforms starting to bear fruit. The economy is gaining strength... and creditors backing. The ongoing reform effort is slowly starting to bear fruit in the economy that has become
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Is Greece on track to decouple from fossil gas?
Agorathat Russia was trying to impose. By 2021, when the crisis started, Greece was on par with the European... sectors of the economy. Moreover, it is important to note that the radical decline of gas use... of reducing emissions from all sectors of the economy by 54% in 2030 compared to 1990 levels. Moreover
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The Parable of the Populists and the Contemplatives
AgoraA play with four actors about hidden liabilities and the green economy The corporate sector Let us... in this development. The Populists proclaim that something needs to be done for the sustainability of the economy... to pay for it at all. This is the new “Green economy.”[1] The kids and the Contemplatives are a bit
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New government aims for extensive changes to education system
Societymarket they graduate into. The study said that Greek society and economy should have already begun... data, cloud computing, 3D printing and platform economy. The Greek education system also scored poorly in the first European Skills Index (ESI) released by the European Centre for the Development
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Increase of 11 pct in minimum wage to have knock-on effect in economy
Economythat will suit the capacity and characteristics of the Greek economy, is supposed to be fully owned... creditors to give labour cost competitiveness to the economy. The minimum wage at the time was reduced... it, pushing lower the overall labour cost in the economy. The government estimates that about 600,000
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek PoliticsAs it has been for the past few weeks, the economy proved to be the main political battleground... economy was on course to expand by close to 3 percent, but ended up contracting in the final quarter... the European support package (recovery fund) a significant share that will bolster the economy next year
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PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
EconomyMacroeconomyof the state of the economy and the impact the pandemic, as well as the lockdown measures had on economic... with the small recession of the first quarter, this signals that the impact on the economy is sharper than..., the fiscal picture has been affected by the need of various support measures to protect the economy
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Impact of uncertainty on economy starting to emerge in hard data
EconomyFeatures, the Greek economy had been recovering from the impact of the Covid pandemic. Most indicators grew... in June. Construction is now roughly 30 points down from August last year. With the rest of the economy... fund will reach the real economy. A recent study by the Bank of America said that despite the best
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PBO sees economy making soft landing, but facing challenges ahead
EconomyMacroeconomyfront this year. Fiscally, Greece had a sounds year, thanks to the growing economy and the effects... the course of the economy in 2023 as the government pins its hopes on investments growing... particular attention to be paid to the external sector of the economy, so imbalances do not persist
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