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  1. EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in

    EconomyMacroeconomy

    on the services sector and tourism, which are heavily affected by travel restrictions and social... in services exports. The Commission notes that tourist arrivals will only partially recover in 2021

    5%

  2. Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches

    PoliticsGreek Politics

    of Greece. The measures announced last week permitted churches to open to the public for services..., the government had announced a number of amendments to the rules for retail and services, to allow

    5%

  3. Newsletter 286 - 26/02/2021

    Newsletters

    . The deterioration for the whole of 2020 was due almost entirely to a decline in the services surplus... of 10.9 percent. The services surplus fell to 7.27 billion euros, a decline of 65.6 percent

    5%

  4. Labour market developments in Greece during Covid-19
    Photo by MacroPolis

    Agora

    is that it led to a “services-led recession” where services employment (e.g., in tourism, leisure

    5%

  5. Current account shows deficit of 436 mln in January
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    balance of payments components, excluding the services balance. The deficit for the balance of goods came to 1.57 billion euros, declining by 21.2 percent year-on-year (YoY). The services balance came

    5%

  6. Govt in tight spot as opposition questions lockdown easing priorities
    Photo by MacroPolis

    PoliticsGreek Politics

    the Holy Synod of the Church of Greece convened to examine the options for Easter services, which..., albeit with scaled-down outdoor services. Easter travel is perhaps the biggest political hurdle

    5%

  7. EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
    Photo by EC - Audiovisual Service

    EconomyMacroeconomy

    improved and a rise in foreign demand for goods helped exports. Exports of services rely heavily... by disinflation in the services sector and as such inflation will be -0.4 pct in 2021 and 0.5 pct

    5%

  8. Newsletter 306 - 23/07/2021

    Newsletters

    to a worsening in the balance of goods and, to a lesser extent, the services balance, which... for the balance of goods came to 1.82 billion euros, worsening by 50.6 percent YoY. The services balance came

    5%

  9. Economic sentiment rises above 111 pts in July but consumer confidence drops further
    Photo by MacroPolis

    EconomyMacroeconomy

    points. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4 points in June. The services confidence indicator has improved substantially as at -46.8 in June last

    5%

  10. Stock taking: Where is the Greek economy now?

    Agora

    in the private sector (tourism is a labor-intensive services sector, and therefore, structurally...) domestic economy with goods and services that are demanded, and have spare capacity for (net

    5%