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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomyof the second Covid-19 wave and the overall performance of the tourism sector. The IMF anticipates a decline... coronavirus wave, which manifested over the summer. A recovery of 2.3 percent of GDP is seen in 2021 based on the second wave scenario. Ratings agency Fitch said that it expects GDP to contract by 7.9 pct
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Growing concerns over second lockdown in food service sector, a key employer
EconomyFeaturesin decline across the year due to reduced demand. A wave of new containment measures were announced by the government at the end of October in a bid to rein in the second coronavirus wave, which... of restaurants, cafes and bars in the most populous areas. Support measures With the second wave
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ICU shortages provide opposition with fodder in political battle over Covid-19 strategy
PoliticsGreek Politicsin Thessaloniki, which is currently at the epicentre of the latest wave. Health Minister Vassilis Kikilias took... to the seemingly incessant wave of coronavirus cases in Greece. Authorities announce 2,384 new cases... had underestimated the seriousness of the second wave. “The scenario we believed, including myself
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Opposition parties attack government narrative on pandemic handling
PoliticsGreek Politicsof the urgent challenges emerging with the second wave. The government’s narrative of careful..., Mitsotakis denied that the decision to open the borders to tourism was the cause of the second wave... the government’s “criminal complacency” following the suppression of the first wave. He criticised the PM
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsposed by the second coronavirus wave, the Finance Ministry is busy re-writing the budget to account... of the underlying conditions generated by the second Covid-19 wave. According to reports, the recession forecast... subsidy programme, to avoid a new wave of bad loans. Furthermore, the government is expected
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Greece among hardest hit in Covid-related drop for European arrivals
EconomyFeaturescoronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68... and that this continues to be a problem as the second wave hits. “The disparity of approaches adopted.... The ETC predicted that due to the rise of the second wave across the continent, the slightly improving
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Newsletter 274 -20/11/2020
to climb as the country grapples with the second wave of the pandemic. On Thursday, the total death... Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found... to be a problem as the second wave hits. “The disparity of approaches adopted throughout Europe
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Govt tries to fend off claims of disarray in Covid-19 reporting, coordination
PoliticsGreek Politicsof respondents think the government acted too late to suppress the second Covid-19 wave. It also suggests that when given two choices for identifying the factors that fuelled the second wave, the opening... not prepare the national health system for the second wave. According to the poll, 94 pct of respondents
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Exporters focus on new markets to weather pandemic
EconomyMacroeconomywave by looking at how to change their export profile and tap into new export markets. Data from.... At the same time, the severity of the second wave in Europe, which is Greece’s main export market... imposed to contain the second wave, with small and medium-sized businesses particularly feeling at risk
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SYRIZA seeks to exploit ND's faltering handling of coronavirus crisis
PoliticsGreek Politicsto save money, following the first wave. He also suggested that the virus was brought... of the first wave and not bolstering the health service and EODY so the second wave could be managed
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