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  1. Contribution made by privatisations to GDP since 2010 underlined in new study
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyFeatures

    euros of investment was added to the overall economy. The research showed that privatisations grew... multiplier effect on the economy. In 2019, the total impact of the concession on the annual GDP... to the pandemic and its effects on the economy.

    3%

  2. R&D and innovation remain low in Greece, OECD finds
    Photo via http://www.oecd.org/

    EconomyFeatures

    The OECD 2020 report on Greece highlights a persisiting lack of R&D and innovation in the economy... of productivity growth. Greece’s economy is characterised by low productivity growth due to its economy being concentrated on low innovation sectors such as trade, food and beverages. In other sectors

    3%

  3. Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
    Photo by MacroPolis

    Economy

    visibility and more data available, Fitch sees the Greek economy contracting by 7.9 pct in 2020... the economy. The deficit is seen sliding to 5.1 pct and 3.4 pct of GDP over the next two years. Fiscal... hand, adverse developments on the health front that will place public finances and the economy under

    3%

  4. IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    , with the economy dropping by 7.9 pct in the first half of the year and unemployment rising significantly since March despite the various support measures. The IMF expects the Greek economy... to implement further measures to support the economy that might require additional support from

    3%

  5. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    materialise, then the pandemic will only have left a temporary impact on the Greek economy this year and most... that the government expects from mid-2021. The Greek economy is forecast to grow by 7.5 pct, in a complete... account of the 59 interventions this year to protect the economy from the effects of the virus

    3%

  6. Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Research by the ICAP group has looked into which areas of the economy have been hardest hit.... The research, titled "Impact of the Covid-19 pandemic on business and sectors of the Greek Economy... the pandemic to have a worse effect on the economy.

    3%

  7. Finance Ministry grapples with escalating cost of pandemic

    Economy

    for the economy in the first quarter alone will come to 5.9 billion euros – close to 80 percent... the economy. With the government having initially estimated that support measures for the whole year would... reported. The most recent measures will push the total support that will have been given to the economy

    3%

  8. Greece's EU journey: Solidarity hard to come by, but two-way approach also lacking
    Photo by MacroPolis

    Agora

    decades later, Greece - still with a flawed economy– managed to also join the Eurozone. Fourteen... for the Greek society is the impact of COVID-19 on the real economy. After a long period of sacrifices, a new... that the most significant problem is the coronavirus pandemic, listing the economy as second by 32

    3%

  9. Starkly different solutions presented as govt nears lockdown decision point
    Photo by MacroPolis

    PoliticsGreek Politics

    for “one more push, especially these two weeks”, in order to allow a reopening of the economy... of the serious toll they are taking on the economy and the public finances. On Monday, government spokesperson Aristotelia Peloni confirmed that the government’s target was to reopen the economy on March 16

    3%

  10. Govt on alert for possible fallout from tapering of pandemic relief measures
    Photo by MacroPolis

    PoliticsGreek Politics

    euros of Greece’s own resources as well as European Union funds have been pumped into the economy... if there are signs that the economy is running into significant trouble, making mass closures and layoffs... its way into the economy in the coming months as Greeks gradually return to normality, providing

    3%