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Alarming Covid-19 numbers fuel opposition's criticism of ND's approach
PoliticsGreek Politicswith the way the rate of death is increasing. Last weekend saw roughly as many deaths from... returned positive results, while the Rt transmission rate is seen at 1.3. The biggest immediate worry for the government is the rate at which ICU beds are being taken up, forcing officials to consider
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Covid-19 leaves Greece facing 200 pct debt-to-GDP ratio in 2021, long road to sustainability
EconomyProgrammeamongst member states. Inflation was assumed at 2 pct by 2030, the interest rate assumptions average 3... in which the refinancing rate will reach 4.1 pct over the forecast period and a combined scenario of lower nominal growth of 3 pct and higher risk premium reflected in Greece’s refinancing rate. Even
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PMI drops to 42.3 points in November as second lockdown hits
EconomyMacroeconomydeterioration in overall manufacturing sector performance since May. The rate of contraction was among... inflows. New business fell at the steepest rate since April due to pandemic restrictions and muted... at the fastest rate since May. Goods producers reported a sharp rise in cost burdens during
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Industrial production drops by 3.7 percent in Oct
EconomyMacroeconomy, output declined once more across the sector, as demand stagnated. The rate of decline... deterioration in overall manufacturing sector performance since May. The rate of contraction was among... order inflows. New business fell at the steepest rate since April due to pandemic restrictions and muted
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PM hopes for return to normality by summer, but vaccine progress remains slow
PoliticsGreek Politicsof 70 pct vaccination rate by summer as “difficult”, while Health Commissioner Stella Kyriakides called... a slow start, the daily inoculation rate has more than doubled and is approaching 20,000 doses a day...”. Vaccinations would have to be administered five times faster than the present rate to hit the target
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Mitsotakis attempts to clarify plans for post-Easter reopening
PoliticsGreek Politicsin the positivity rate of Covid tests. He noted, however, that the rate of infection in Athens and other major... healthcare infrastructure. Recent readings from wastewater analysis have showed the infection rate
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FinMin sees favourable macro environment from next year, boosted by RRF
EconomyMacroeconomy, which include the lower introductory income tax rate from 22 pct to 9 pct and the recently introduced reduction of the corporate tax rate to 22 pct, from 28 pct when the government took over. Temporary... macro environment will push the unemployment rate down from 16.3 pct this year to 11.9 pct by 2024.
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Covid recession bumped pension spending to 18 pct of GDP in 2020
Economywithin the next decade and to 11.9 pct by the end of 2070. However, the report assumes the growth rate... the country will use EU recovery funds. Between 1974 and 2019, the average annual growth rate in total... is currently dealing with a rate of 12,000 new applications per month, Naftemporiki reported
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Newsletter 295 - 07/05/2021
. However, there continue to be concerns about the relatively low rate of vaccination among elderly... highlighted the low vaccination rate among health professionals, which stands at 62.5%, which is almost... export sales continuing to decrease. However, the rate of decline was the slowest since September.
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Industrial production up by 5.5 pct in March
EconomyMacroeconomycontinuing to decrease. However, the rate of decline was the slowest since September. Firms increased their workforce numbers at a solid rate in April, Markit said. It also noted that while the backlogs of work fell further, the rate of decline was the slowest for over a year as incoming work increased.
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