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ESM report highlights programme weaknesses, outlines improvements for future bailouts
EconomyProgrammecorporatist interests”. In terms of the fiscal adjustment policies, it summarises as “not conducive
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Building permits increase by 10.2 pct in March
EconomyMacroeconomyfluctuations. In absolute terms, the highest number of permits was issued in Attica (281). The smallest
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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicsto remove loopholes and all other ambiguous terms from the draft legislation. The lenders also want
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Majority of Greeks report financial hardship due to Covid-19
Societypercent) compared to men (39 percent). In terms of long-term impact, nearly half of women (46 percent
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Visit to Cairo underlines Greek aims to reach maritime deal with Egypt
PoliticsForeign Policypolitically and in practical terms. Egypt, for instance, does not wish to have any discussion around
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Newsletter 255 -26/06/2020
it even clearer that the vital tourism industry is set to suffer a terrible summer in terms
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More flights land at airports, but tourism expectations remain grounded
PoliticsGreek Politicsfew weeks. The government is avoiding putting an exact figure on what it expects in terms
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General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
EconomyMacroeconomydecreased by 15.9 percent YoY to 26.65 billion. In absolute terms, the greatest annual decrease was noted
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OECD forecasts unemployment increase into 2021
EconomyFeaturesGDP falling by 9.3 percent before recovering by 2.2 percent in 2021. In terms of the depth
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Building permits fall by 22.4 pct in April
EconomyMacroeconomyof annual fluctuations. In absolute terms, the highest number of permits was issued in Attica (185
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