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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicstheir employees to continue working from home where possible. In terms of the timeline for the economy
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyin terms of fiscal measures, and 1.9 pct to improve liquidity for the private business sector
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Newsletter 249 -08/05/2020
percent of GDP in terms of fiscal measures, and 1.9 percent to improve liquidity for the private
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Covid-19 fears start to wane as concerns about economic impact grow
PoliticsGreek PoliticsMitsotakis and his centre-right grouping. In terms of the leaders’ popularity, Mitsotakis’s positive
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomythree months, revenues decreased by 3.9 percent YoY to 18.07 billion. In absolute terms, the greatest
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Building permits increase by 64.3 pct in February
EconomyMacroeconomyterms, the highest number of permits was issued in Attica (335). The smallest number of absolute
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ND mulls next stage of lockdown easing as support remains strong despite some grumbles
PoliticsGreek Politicsand 10 pct slower. Where trouble may be brewing for New Democracy is in terms of the economy
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsby the terms of support packages, while the furlough scheme for workers equates to subsidised
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingwas enjoying record years in arrivals and revenues. In nominal terms, accommodation sector loans
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Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politics, Mitsotakis is likely to present it as a success in political terms, justifying his decision to stand
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