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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyof the virus, this has come at a high cost for the economy, which has to contend with a very volatile
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Newsletter 249 -08/05/2020
cost comes to 6.5 percent of GDP. The budget of the Finance Ministry was accordingly raised by 5
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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politicsthat in Greece’s case, the fiscal cost of the pandemic this will reach 12.6 billion euros, or 6.9 pct of GDP
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European Commission's travel guidance brings some optimism for Greek tourism sector
PoliticsGreek Politicspart of the loss of income up to 60 percent, with the intention of reducing the cost of employment
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Newsletter 250 -11/05/2020
of income up to 60 percent, with the intention of reducing the cost of employment by up to 75 percent
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PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
EconomyMacroeconomyand skilled labour.” Cost of response The PBO draws attention to the costs that were incurred
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Govt and opposition stake out positions on pandemic impact measures
PoliticsGreek Politicsas “helicopter money”, would cost the budget 3.5 billion euros over four months. Finally, the programme
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Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politicson the cost, and risk, of being operational over the next few months. The government’s strategy
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBankingwhich was completed in February. Loan impairments came to 486 million in Q1 with a cost of risk
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Covid-19 lockdown, slump suppress electricity demand and edge out lignite
EconomyFeaturesstudy commissioned by PPC found that Greek lignite generation cost around 60 euros per MWh, a figure
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