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Economic sentiment edges up in March, consumer confidence deteriorates for third straight month
EconomyMacroeconomyGreece’s economic sentiment (ESI) improved by 0.5 points in March following a drop by 2.2 points in the previous month, European Commission (EC) figures revealed on Thursday. The ESI stood at 93.4..., albeit at a slower pace by 1.1 points in March following a decrease of 5.5 points in February. Following
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Economic sentiment and consumer confidence improve in April
EconomyMacroeconomyGreece’s economic sentiment (ESI) increased at an accelerating pace of 1.5 points in April after a rise of 0.5 points in March, European Commission (EC) figures showed on Thursday. The ESI stood... by 2.2 points in April after falling by 1.1 points in the previous month and stood at -72.2. This marked
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Greek digital economy lagging due to weak demand, lack of skills
SocietyGreece’s digital economy is being held back by a weak demand for internet services, low levels of digital skills as well as suspicion about doing business online, a new EU-wide survey published... Economy and Society Index (DESI). Developed by the European Commission, the index assesses countries
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OECD sees potential for recovery in Greek economy, stresses benefits from reforms
EconomyMacroeconomyIn its latest economic survey on Greece published on Thursday, the OECD stressed the domestic economy is gradually recovering but that high social costs persist. In addition, the organisation says... outlook on November 9. For 2017, the domestic economy is expected to recover by 1.9 percent. The marginal
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Greek economy braced for impact from Brexit, hopes effect will be limited
Economywhat effect this could have on the Greek economy in the months to come. According to the central bank, capital controls provide a shield for the domestic economy, at least in the short-term. The same
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Tourism could give economy annual 5 bln boost, NBG report finds
EconomyFeaturesTourism could generate an additional 5 billion euros for the Greek economy annually, according to new research by the National Bank of Greece (NBG). The report highlighted that the tourism industry, a pillar of the national economy, had managed to remain fairly stable through the economic crisis
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
EconomyThe Bank of Greece’s (BoG) annual report has outlined a number of challenges and proposals for the Greek economy, and included a downward revised forecast for growth. BoG governor, Yannis Stournaras... challenges for the Greek economy according to the BoG was an immediate and permanent return of Greece
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgrammethat Covid-19 is having on the country’s economy means that the post-programme targets are no longer... will reveal more “significant” support measures for the local economy in the coming days. Reports suggest
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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politicsof the crisis has been that the centre-right party is not doing enough to support the economy and workers... the economy, if it kept people in their positions or if it allowed mass dismissals, if it supported
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VIDEO - The Greek economy after Covid-19
AgoraGreece has earned plaudits for tackling the Covid-19 threat to publich health but now faces a challenge in containing the impact on the country's fragile economy. Even in the best-case scenario... will have dissipated. The Greek economy will have to find a way to bounce back from this new setback
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