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  1. Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
    Photo by MacroPolis

    PoliticsGreek Politics

    will end up at 8 pct of GDP, although other estimates put it at around 10 pct. The GDP data from

    7%

  2. General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    governments (-14 million), state budget (-8 million) and hospitals (-3 million). Since the start

    7%

  3. Defence spending, economic support plans dominate PM's policy speech

    PoliticsGreek Politics

    to spend big on arms, even as the Greek economy faces a recession that is expected to reach at least 8

    7%

  4. PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    period last year. PBO notes that 8 billion can be attributed to emergency fiscal measures to deal

    7%

  5. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    , and just short of 8 pct in the last quarter of the year. Private consumption is seen dropping by 6

    7%

  6. Newsletter 268 -09/10/2020

    Newsletters

    to drop by circa 10 pct on an annual basis in the third quarter, and just short of 8 pct in the last

    7%

  7. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance Ministry has

    7%

  8. New bid to curb Covid-19 raises demand for more economic support
    Photo by MacroPolis

    PoliticsGreek Politics

    economy is expected to reach 11 billion euros this year. Almost 8 billion euros has come through tax

    7%

  9. Euroban​k net results show loss of 1.08 bln in 9M
    Photo by MacroPolis

    EconomyBanking

    at 8 billion, through the TLTRO III programme. Repos declined by 5.2 billion YoY around 700 million

    7%

  10. OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
    Photo by MacroPolis

    Economy

    outlook’s projection of a drop in GDP of between 8 to 9.8 percent. Private consumption is seen shrinking

    7%