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Newsletter 266 -18/09/2020
unemployment rate in the EU and with a very large tourism sector, big shares of services and SMEs... a significant deterioration in the services balance, which was partly offset by the improved balance
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Microsoft deal welcomed as Greece vies for more foreign investments
EconomyFeaturesthat the rapid digitalisation of services which took place during the pandemic-related lockdown was a positive... businesses for more ICT services and specialists is growing. If Greece reached the levels of Slovenia, which
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EC forecasts 9 pct dip followed by 5 pct recovery but new lockdown not factored in
EconomyMacroeconomyon the services sector and tourism, which are heavily affected by travel restrictions and social... in services exports. The Commission notes that tourist arrivals will only partially recover in 2021
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Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches
PoliticsGreek Politicsof Greece. The measures announced last week permitted churches to open to the public for services..., the government had announced a number of amendments to the rules for retail and services, to allow
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Labour market developments in Greece during Covid-19
Agorais that it led to a “services-led recession” where services employment (e.g., in tourism, leisure
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Current account shows deficit of 436 mln in January
EconomyMacroeconomybalance of payments components, excluding the services balance. The deficit for the balance of goods came to 1.57 billion euros, declining by 21.2 percent year-on-year (YoY). The services balance came
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Govt in tight spot as opposition questions lockdown easing priorities
PoliticsGreek Politicsthe Holy Synod of the Church of Greece convened to examine the options for Easter services, which..., albeit with scaled-down outdoor services. Easter travel is perhaps the biggest political hurdle
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EC summer forecast sees growth edging up to 4.3 pct, driven by RRF
EconomyMacroeconomyimproved and a rise in foreign demand for goods helped exports. Exports of services rely heavily... by disinflation in the services sector and as such inflation will be -0.4 pct in 2021 and 0.5 pct
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Newsletter 306 - 23/07/2021
to a worsening in the balance of goods and, to a lesser extent, the services balance, which... for the balance of goods came to 1.82 billion euros, worsening by 50.6 percent YoY. The services balance came
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Economic sentiment rises above 111 pts in July but consumer confidence drops further
EconomyMacroeconomypoints. The services index dropped by nearly 2 points to 25.4, after a sharp improvement by 14.4 points in June. The services confidence indicator has improved substantially as at -46.8 in June last
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