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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesthe risk of similar phenomena, however it will inevitably increase the bureaucratic burden and may... the decline in listings may have a seasonal element, it was preceded by a fall in listing prices... by Kathimerini newspaper. Stricter tax enforcement may have also contributed to the slow-down in short
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It's the hope that kills you
Agorawith other European countries at the beginning of May, affected the economy dearly with GDP dropping.... Initially, there were very bullish, albeit entirely disconnected from reality, estimates in May... adopted a wide testing policy to root out any signs of the virus in the community. During May
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Structural considerations for a prosperous Greece
Agora. As difficult as it may be for the country to pass through this episode, Greece will get... to record faster headline real GDP growth rates. This may affect political and economic competition..., so, again, it is important not to panic. More attention may also be spent on the possibility
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Running the wrong way: Rama's spat with the EU over vaccination underlines growing frustration
Agoraa larger say on the narrative around it. Criticizing the EU on its immunization scheme may be justified... of the campaign, Rama may stand to gain the most from publicly criticizing the EU. At best, it may result in more assistance and attention, and at worst, it may help shift the attention from his governments
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Govt lays out path to lockdown easing despite growing pressure on hospitals
PoliticsGreek Politics, and tourism in May. Reports on Tuesday suggested that the government is targeting Monday, March 22... hinted that Easter – which this year falls in early May - could be more open than last year, and that people may be allowed to travel between districts to allow for traditional celebrations
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Left pulls together against ND's labour reform bill
PoliticsGreek Politicsof restrictions on outdoor gatherings – will offer a stark contrast to the fractured May Day celebrations where... being derailed by a lack of public support. While the bill looks likely to pass, it may emerge... electoral contest is in sight, but it may well change the calculus over the longer term. Reservations have
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Newsletter 301 - 18/06/2021
showed significant improvement in May, as the economy re-opened and the vaccination programme accelerated... on budget transfers for a long period of time to withstand the effects of the pandemic and this may have... tensions. 2 Budget primary shows deficit of 8.17 bln in May Expenditure excluding interest payments
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The case of SYRIZA's fiscal performance
Agoraof this band, then corrective budget action may be called for, depending on whether the country is subject to a large shock (may not be able to fully adjust in the short term), or to more temporary... of 2015 may have been, Greece survived in the eurozone, accepted the conditions of a new (third
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Economic sentiment drops sharply in Apr, consumer confidence hits lowest since 2017
EconomyMacroeconomyMay last year, when the indicator stood at 108.6 points. The indicator hit its most recent low... at the start of last year, however this trend started reversing last May when it stood at -21.9 points... to 3.6. Since May last year, industry confidence is down by 2.2 points. The services index dropped
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Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
EconomyMacroeconomy-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released.... The net lending flow was positive by over 2 billion euros in June, from 577 million in May. The outstanding balance increased to 112.85 billion euros, from 110.75 billion euros in May. The corporate
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