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More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
EconomyThe government is lining up more fiscal measures to prop up the economy as forecasters becoming... tried to assess the potential overall impact on the Greek economy from the negative effect... of the biggest concerns centres on the tourism industry, which is the backbone of the Greek economy
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Study proposes higher public spending to counter expected rise in NPLs
EconomyFeaturesin government spending to support the real economy. For Greece, this may mean a reduction in the required primary surpluses of the state budget for as long as necessary in order to support the economy... in incentives to credit institutions to boost credit expansion to the economy will have a short-term
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economynext year. The EU economy is expected contract by 7.5 pct and grow by 6 pct in 2021. For Greece, the Commission expects the economy to be hit badly by the pandemic, leading to a severe drop of 9.7 pct... that will take a heavy toll on the economy. Although the main effects of the quarantine will be limited
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Newsletter 254 -19/06/2020
the economy has fully reopened after the lockdown and “at a time of the PM’s choosing”. Asked about... investments, focusing on the green economy, pharmaceuticals, technology, high-end tourism and the “silver economy.” Speaking on Monday at the annual conference of the Hellenic Federation of Enterprises (SEV
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Newsletter 307 - 10/09/2021
continuous quarters. As Greece opened up its economy gradually from April and vaccination programmes across... were frontloaded in the first half of the year, when the economy was not functioning in full... economy grew by 6 pct YoY in the first half of the year and it seems reasonable to assume
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Newsletter 308 - 17/09/2021
his speech by revealing that following the latest GDP data, the government now expects the economy... end to the escape clause, uncertainty over the longer-term prospects for the economy, and the ever... had realised the economy was about to hit the rock. Over the next decade, Greece was either
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Newsletter 350 - 09/09/2022
that the Greek economy managed to hold its own during the first full quarter of global uncertainty... crisis and the increased global risk is filtering through the Greek economy, potentially with near term... quarter of 2021, the Greek economy has rebounded, as in the same period last year it was gradually
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Reflections on Greece's balance of payments
Agoraof payments.[1] We can also say that Y - C = S: income minus consumption equals “savings” in the economy... is happening in the economy, including how the government handles economic policy (as we will see). In fact, the balance of payments is so important in what it can tell us about the economy and policy
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Newsletter 405 - 08/12/2023
suffered by the Greek economy because of the debt crisis and the adjustment programmes... gruelling period for its economy. We used employment data from the quarterly labour force survey... quarterly data for Q2 2023, since the 2023 low the Greek economy has put close to 757,000 people back
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How Greece reduced its unemployment rate to less than 10 pct
AgoraOne of several indicators that captured the pain suffered by the Greek economy because of the debt... indication that Greece is gradually leaving behind the most gruelling period for its economy. We used... the Greek economy has put close to 757,000 people back into jobs. The employment figure is at 4.24 million
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