Search
-
Unemployment continues decrease in Nov, falling to 16.5 pct
EconomyMacroeconomythan hirings. Compared to the same month last year, there were 9,636 fewer people hired than fired... balance showed 127,644 more hirings than departures. The respective balance for the same period last
1% -
Government braces for reaction to pension bill
PoliticsGreek Politicsto the pension system since the crisis began more than a decade ago that would lead to retirement pay rising (at least in some cases) rather than being reduced. This message has fizzled out over the past few... would also have to pay up to 20 percent more than under the Katrougalos law, which linked the level
1% -
PM faces complex challenge as Turkey threatens free passage for refugees
PoliticsGreek Politicsasylum seekers to reach Greece. If this turns out to be more than a publicity stunt aimed at putting... leader Antonis Samaras has a much more hardline approach to the migration issue than the prime minister... and repeatedly issuing public messages than anyone who is not a genuine asylum seeker will not be allowed
1% -
Gathering signs of coronavirus impact on growth expectations
Economyby 2.54 percent this year under the baseline scenario, lower than the government’s projection of 2.8... by 2.2 percent this year against a baseline of 2.5 percent, which as mentioned is already lower than... to 1.9 percent in 2020, almost a full percentage point lower than the government’s estimate. This could
1% -
Newsletter 242 -06/03/2020
that it expects Greece’s economy to grow by 2.54 percent this year under the baseline scenario, lower than... as mentioned is already lower than the government’s forecast of 2.8 percent. Under the second adverse scenario, GDP growth could come to 1.9 percent in 2020, almost a full percentage point lower than
1% -
Overdue social security contributions edge down to 35.38 bln in Q4
EconomyMacroeconomy) revealed. Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros... of debtors owe less than 15,000 euros each for an aggregate amount of 4.54 billion euros (12.8... to 1.05 billion, higher than the amount for 2016 by 28.4 percent. For 2018, total revenue collection
1% -
More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
Economyin impacted areas that had to close for more than 10 days. The government has also offered to subsidise... to the coronavirus and the migration crisis. Although Alpha notes that Greece is somewhat more protected than other countries because the virus will impact demand more than the supply side, it adds
1% -
Newsletter 244 -20/03/2020
for a one-off, emergency scheme rather than a regular ECB QE programme. Also, the fact that New Democracy has a cash buffer of more than 30 billion euros at its disposal, which it inherited from... measures were taken earlier in Greece than in some other countries and that the number of cases
1% -
ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politics, with more than 115,000 layoffs recorded in the first three weeks of March, whereas 250,000 companies have... than 30 billion euros, although that remains the mots straightforward option in the short-term... to developments rather than putting together a major package that would protect jobs and ease economic
1% -
Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
PoliticsGreek Politicsthe number of deaths reached 73, which translates into 7 per million. The death rate is higher than some countries in the Balkans, but lower than most in Western Europe. The death rate remaining... percent. This has translated into support for New Democracy reaching more than 40 percent in the opinion
1%