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  1. PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19

    PoliticsGreek Politics

    of the civil protection authority and public health system as signs of hard work, rather than luck..., is nothing more than our collective self-understanding,” he said. Mitsotakis returned..., which saw Greece being held back by incompetent leadership and populist policies rather than any

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  2. Unemployment continued downward course in Feb, falling to 16.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    to coronavirus measures, showed that there were 41,903 more firings than hirings, Compared to the same month last year, there were 85,276 more people fired than hired. Ergani noted that the balance for March 2020... than hirings.The respective balance for the same period last year was positive by 48,880 meaning

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  3. April budget primary balance shows deficit of 1.52 bln as state revenues miss target by 7.5 pct

    EconomyMacroeconomy

    On a monthly basis, net revenues came to 3 billion euros, 1.19 billion euros lower than the monthly... lower than the monthly target. Broken down by category, the mpst significnant underperformance... the coronavirus pandemic. State budget total revenues stood at 15.43 billion euros, lower than the target

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  4. Covid-19 lockdown, slump suppress electricity demand and edge out lignite
    Photo via PPC https://flic.kr/p/9qi65R

    EconomyFeatures

    below the March average and less than half the average price of April 2019 which came in at 62.4... and onshore wind already provide electricity at lower costs than the cheapest new fossil fuel-fired... emissions, a reduction six time larger than what followed the 2008 financial crisis. There is not only

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  5. Exceptional conditions behind reduced unemployment rate of 14.4 pct in March
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    territory in April with 7,205 more hirings than firings. Compared to the same month last year, there were 103,690 more people fired than hired. Ergani noted that there were 233,626 fewer hirings in April.... In the aggregate period, the employment balance showed 27,149 more firings than hirings. This represents

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  6. Majority of Greeks report financial hardship due to Covid-19
    Photo by MacroPolis

    Society

    that their bills were rising higher than their income, the second highest percentage in the survey after... said that they have been saving significantly less money than before against an EU average of 39... on their spending and that they were spending less on everyday items, slightly higher than the EU average

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  7. Overdue social security contributions rise to 36.32 bln in Q1

    EconomyMacroeconomy

    . Until the end of 2016, KEAO was fed by overdue contributions of more than 5,000 euros from the four.... A breakdown of amounts owed showed that 80.3 percent of debtors owe less than 15,000 euros each... to 820.2 million in 2016. Revenue collection for 2017 came to 1.05 billion, higher than the amount

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  8. Athens waits for EU recovery fund outcome as new Mati fire claims emerge

    PoliticsGreek Politics

    ), if Mitsotakis returns with a smaller amount than the advertised 32 billion euros... more than 100 lives. An investigative report published in Sunday’s Kathimerini has revived... in connection with the fire. Possibly even more shocking than the apparent attempt to cover up the fire

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  9. Newsletter 259 -24/07/2020

    Newsletters

    more than a third of the country’s annual GDP. All member states will have to submit to the European... in output, job losses and budgetary costs are expected to be less severe than the crisis period... hotels expected a drop of 56.1 percent, and indicates that the summer season is looking weaker than

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  10. Budget primary balance confirmed at deficit of 6.10 bln in June
    Photo by MacroPolis

    EconomyMacroeconomy

    On a monthly basis, net revenues came to 2.67 billion euros which was 1.19 billion euros lower than... budget total revenues stood at 21.26 billion euros, lower than the target by 3.50 billion or 14.1... higher than the same period last year by 2.09 billion due to PIB which showed higher payments of 2.51

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