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GDP rises by 0.6 pct QoQ in Q3, increases by 2.3 pct YoY
EconomyMacroeconomyrepresents the majority of GDP, making up around 87 percent of the total figure in Q3, with private... around 20 percent of the total. In the final budget for 2020 submitted to Parliament, the Ministry of Finance (MoF) has set a target for private consumption to rise by 0.6 percent in 2019 and by 1.8
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economypct of total, or 40 pct of GDP. Debt servicing costs come to just 1.5 pct, which is the lowest from... of surpluses, following the relaxation of the Stability and Growth Pact across the eurozone and the target set... 157 pct in 2019. S&P estimates the total liquidity reserve at roughly 20 pct of GDP, a factor
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Newsletter 249 -08/05/2020
. In a letter to the prime minister, tourism confederation SETE and its 13 member organisations set out... by the coronavirus pandemic. Total hirings came to 48,555 versus 41,350 departures. In the aggregate period..., the figure for those employed increased by 14,451 which is equal to a rise of 0.4 percent. Total employment
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek PoliticsDemocracy’s claim that the total package of measures it will implement to mitigate the economic impact... totalling 8 bln euros, which means this amount cannot be included in the total. He added that another... to the lowest rate, 6 pct. Kathimerini reported that the Greek authorities are looking to set up
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Economic relief eyed as Greece launches fourth round of lockdown easing
PoliticsGreek Politicsthat mean there can only be one customer for every 2 square metres and no more than six people in total... is also set to re-open primary and nursery schools from June 1, although there will be restrictions... applications since May 20, taking the total for both rounds to more than 7 billion euros so far. Also
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Newsletter 252 -29/05/2020
said that the package meets the four requirements set by Greece: To be large, flexible,mostly based... total revenues stood at 15.43 billion euros, lower than the target by 1.25 billion or 7.5 percent. During the first four months of the year, total expenditure came to 18.17 billion, overshooting
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New study shows Greek population more than halving by 2100
SocietyA study by the Lancet has shown that Greece’s population is set to shrink to levels as low as 4.7... countries,” the Lancet study notes. By 2050, 151 countries were forecast to have a total fertility rate lower than the replacement level of 2.1 and over, and 183 were forecast to have a total
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Hoteliers staring at big drop in turnover as liquidity calls grow
EconomyFeatureslittle sign of recovery as the summer begins. A total of 1,941 hotels were surveyed, representing 19.4... expected. Liquidity Adding to the difficulties of the hotels, a total of 394.5 million euros... of the current market conditions, the financial needs of hotels are set at 1.66 billion euros. Applications
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Flooding, Covid-19 threat in Athens dominate ND's agenda
PoliticsGreek Politicspeople lost their lives during the storm and a total of around 5,000 buildings were damaged. Parts... the weekend, but this number is set to rise substantially on Monday as Petsas revealed that 243 migrants.... This number rose from 65 to 78 over the weekend, while another 11 deaths were reported, taking the total
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Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
PoliticsGreek Politics. Staikouras revealed that a total of 3.3 billion euros would be pumped into the economy over the next few weeks, having adjusted the set of measures he announced only a few days earlier. The package.... Staikouras said that the total fiscal support offered since the start of the pandemic now amounts
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