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  1. Newsletter 244 -20/03/2020

    Newsletters

    euros for economic support, the government will add another 3 billion euros from the budget... hotels and 24,819 for seasonal hotels. 2 Confirmed cases rise to 464 Deaths increase to six as PM

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  2. PM joins forces with some eurozone partners to lobby for "corona-bond"

    PoliticsGreek Politics

    , including an expanded role for the European Stability Mechanism and the use of EU budget resources... which could allow member-states to borrow the equivalent of 2 percent GDP to cover needs arising from

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  3. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    that there will be a budget shortfall of 5-6 billion euros by the end of April. State revenues.... On the spending side, the measures announced will cost 1.4 billion euros and could ultimately reach 2

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  4. Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The government has announced a fourth wave of measures aimed at supporting struggling businesses and workers amid the Covid-19 crisis as this year’s budget comes under further strain. Finance... last week, came to 2 pct last week,” said Staikouras, who has been criticised by the opposition

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

    Economy

    guarantees and the actual fiscal cost comes to 6.5 pct of GDP. The budget of the Finance Ministry was accordingly raised by 5 billion euros on April 2, following the Eurogorup decision to waive the fiscal

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  6. PM wants no strings attached to EU funds as ND juggles with public finances
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    of 3.5 billion euros, with a direct fiscal impact of 2 billion, taking the total to date to 14-15... on this year’s budget as the fiscal restrictions have been removed by the EU authorities

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  7. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The latest OECD outlook for Greece, made public on Wednesday, has shown that Greece’s economy was growing at the steady pace of close to 2 percent in the three years before the coronavirus pandemic... point by 2030. “Higher growth and a sustained primary budget surplus of 2.2 percent of GDP would

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  8. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance Ministry has... at estimated 5.5 billion in the second half of the year, are seen adding 2 percentage points of growth

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  9. New bid to curb Covid-19 raises demand for more economic support
    Photo by MacroPolis

    PoliticsGreek Politics

    and TEPIX II. In the draft budget, the Finance Ministry puts the total fiscal impact of the support... billion euros expected next year. The Bank of Greece believes these funds could add around 2

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  10. Growing concerns over second lockdown in food service sector, a key employer
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    is threatening to overwhelm the country’s healthcare resources. As of November 2, intensive care cases had... to it, the prospect of a second lockdown is leading the government to rethink its 2021 budget, along

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