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

    Economy

    payers. Additionally, the government will put up 1 billion euros in guarantees for loans, hoping... annual GDP. “This is higher than the European average which, according to the European Commission

    6%

  2. Newsletter 246 -03/04/2020

    Newsletters

    if the companies concerned are prompt payers. Additionally, the government will put up 1 billion euros... from more than 50 percent of the supporters of all opposition parties, apart from the Communist Party

    6%

  3. Despite satisfaction with Covid-19 numbers, govt not eyeing let-up in restrictions
    Photo by MacroPolis

    PoliticsGreek Politics

    , and we want to get past being labelled as the black sheep of Europe." However, this has put... on tackling the impact of the pandemic “than to beat Alexis Tsipras one more time and end his

    6%

  4. Renewed concern over East Med as Turkey aims to resume drilling
    Photo via https://flic.kr/p/2iH1sVj

    PoliticsForeign Policy

    than the usual statements condemning Turkey’s actions. They may even consider the matter of less... put on hold its drilling program in Block 10 until September 2021, while Eni and Total are expected

    6%

  5. Economic diversification vital to Greece's post-coronavirus future
    Photo via https://flic.kr/p/2dqKrWG

    Agora

    economic austerity endured, Greece has put the USA, France and the UK to shame on both a per capita... as a reliable supplier than emerging markets, themselves coping with virus. Elsewhere, the collapse in oil

    6%

  6. Eurobank submits final Cairo portfolio to Hercules while BoG mulls bad bank creation
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    to submit portfolios to Hercules but those plans now look likely to be put on hold, and so far Eurobank... calculations, the loss of capital per one unit of NPE reduction is lower via the bad bank than via

    6%

  7. Govt lays out recovery plan to October, launches tourism roadmap
    Photo by MacroPolis

    PoliticsGreek Politics

    the tourist season and put the economy on track for recovery in the autumn. The three pillars of the plan... degrees, and a third were undecided. More than 9 in 10 respondents were in favour of strict health

    6%

  8. Govt pushes tourism message, digests EU stimulus proposal
    Photo by MacroPolis

    PoliticsGreek Politics

    gains, but also the opportunity to put Greece in the international spotlight for positive reasons... billion euros in grants (more than 10 pct of annual Greek GDP) and 9.4 billion euros in loans

    6%

  9. Current account shows deficit of 1.13 bln in April, travel receipts crash as arrivals dry up
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    , as imports decreased faster than exports. The deficit for the balance of goods came to 1.27 billion euros... restrictions put in place in Greece and elsewhere to contain the coronavirus pandemic. Total exports

    6%

  10. EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed

    EconomyMacroeconomy

    put in place at the end of March. The first quarter movement was driven by lower investments... if sentiment improves more quickly than expects, with a positive effect on domestic demand.

    6%