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Newsletter 245 -27/03/2020
the first, positive scenario, the tourism industry will pick up from June onwards, possibly saving
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Covid-19 impact on tourism sector set to be extensive, report suggests
EconomyFeatures, allowing visitors to travel to Greece as early as September, possibly saving the final quarter. However
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Govt trails transition out of lockdown as training vouchers stir controversy
PoliticsGreek Politicsfrom EU Structural and Investment Funds (ESPA), but critics claim that it represents a false saving
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Disposable income edges up by 0.2 pct YoY in Q4, final consumption up by 2.7 pct
EconomyMacroeconomy. Gross savings remained negative in Q4 and dropped to -1.87 billion euros. The household saving rate
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Economic diversification vital to Greece's post-coronavirus future
Agorawill have significant microeconomic implications on wages, disposable incomes, saving rates
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NBG results show net profits of 409 mln euros on strong trading income in Q1
EconomyBanking. Domestic personnel costs fell by 8.2 percent, reflecting part of the saving from the voluntary exit scheme
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Majority of Greeks report financial hardship due to Covid-19
Societysaid that they have been saving significantly less money than before against an EU average of 39
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Disposable income falls by 0.4 pct YoY in Q1, final consumption down by 0.5 pct
EconomyMacroeconomyin Q1. Gross savings remained negative in Q1 and dropped to -2.03 billion euros. The household saving
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Disposable income falls by 11.8 pct YoY in Q2, final consumption down by 12.7 pct
EconomyMacroeconomyto 557 million euros. The household saving rate (defined as gross savings divided by gross disposable
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New Democracy's 2021 agenda focusses on reforms, social support
PoliticsGreek Politicsthe hierarchy, the latest in a line of such face-saving interventions which some commentators see
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