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  1. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    The European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession of historic proportions this year.” Euro area GDP is seen falling by 7.75 pct in 2020 and grow by 6.25 pct

    2%

  2. Turkey continues Aegean jostling as Athens sends envoy to Syria, renews backing for Western Balkans
    Photo by Finnish Presidency of EU

    PoliticsForeign Policy

    on Sunday, were conducting “routine flights” in the area. Greece responded via Foreign Ministry’s

    2%

  3. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    by the Commission. At least 17 nations in the Schengen area have imposed emergency border controls

    2%

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

    EconomyBanking

    ratio to 15 percent area in the first quarter of 2020.” In their latest statement, the bank said

    2%

  5. Refugee housing deadline puts spotlight back on migration policy
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    . This policy area is therefore likely to become increasingly critical in the coming months

    2%

  6. ECB boost for Greek debt as authorities ponder new market foray
    Photo by MacroPolis

    Economy

    billion euros of GGBs, from a total of 186.6 billion euros of purchases across the euro area

    2%

  7. OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    area’s GDP is expected to contract by 9.1 percent. Under a double-hit scenario, the contraction

    2%

  8. ESM report highlights programme weaknesses, outlines improvements for future bailouts
    Photo by MacroPolis

    EconomyProgramme

    that the “overall objective of the Greek programmes was to preserve the integrity of the euro area

    2%

  9. Release of refugees creates new difficulties for minister
    Photo by MacroPolis

    PoliticsGreek Politics

    the possibility of hundreds of migrants ending up on the streets, particularly in his area

    2%

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

    EconomyMacroeconomy

    . Overall, the Commission had to downward revise its estimates for the euro area and EU, with eurozone

    2%