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  1. ND to unveil more economic support as coronavirus restrictions are extended
    Photo by MacroPolis

    PoliticsGreek Politics

    losses of revenue between 1 and 12 billion euros, equally split between large corporations and SMEs.... On the spending side, the measures announced will cost 1.4 billion euros and could ultimately reach 2

    12%

  2. Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
    Photo by MacroPolis

    PoliticsGreek Politics

    as this amounts to the 2 pct of GDP envelope that has been agreed by the eurozone. However, the government... or refugees who have arrived in Greece since March 1 will be housed in different facilities

    12%

  3. IMF expects difficult year for public finances, PBO highlights impact on labour force
    Photo by MacroPolis

    EconomyMacroeconomy

    contributions at 1.01 billion and the return of the tax pre-payment at 1 billion euros, all expected to last... within 6 months, one of medium speed taking about a year and slow recovery of 2 years

    12%

  4. Parliament re-opens for business amid calls for greater scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    for Change (KINAL) have put forward their proposal for employment subsidies for around 1 million... of six months, conditional on businesses not shedding jobs. The proposal is costed at 2 million euros

    12%

  5. Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
    Photo by MacroPolis

    Economy

    by 1 pct on the back of supportive spending measures. Investments will contract by 4.6 pct... was accordingly raised by 5 billion euros on April 2, following the Eurogorup decision to waive the fiscal

    12%

  6. Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation

    PoliticsGreek Politics

    will be in place. Establishments will only be allowed 1 customer per 2 square metres. Tables will have

    12%

  7. Greece gears up to secure slice of smaller tourism pie this summer
    Photo by Yiannis Drakoulidis/Fosphotos

    PoliticsGreek Politics

    to take tests. City hotels are due to open on June 1, while seasonal hotels are expected to open... to make use of up to 2 billion euros from the European Commission’s SURE programme to subsidise jobs

    12%

  8. ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
    Photo by MacroPolis

    PoliticsGreek Politics

    release 3.5 billion euros, or 2 pct of GDP, of liquidity as concern mounts regarding the damage...-ERGASIA is estimated at 1 billion and the reduced tax-advance this year is another 500 million. Tax

    12%

  9. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    The latest OECD outlook for Greece, made public on Wednesday, has shown that Greece’s economy was growing at the steady pace of close to 2 percent in the three years before the coronavirus pandemic.... If these measures are implemented, the OECD anticipates that they would increase Greece’s GDP growth by 1 percentage

    12%

  10. Athens hoping for de-escalation in Aegean as it seeks pension backpay solution

    PoliticsGreek Politics

    the necessary weight to have an impact on Erdogan’s decisions. The NAVTEX is valid until August 2, which means... it will be about 1 billion euros lower.

    12%