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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politicsrelease 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
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OECD releases new outlook calling for sustained reforms post Covid-19
EconomyThe 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
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Athens hoping for de-escalation in Aegean as it seeks pension backpay solution
PoliticsGreek Politicsthe 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.
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Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
EconomyMacroeconomyrose by 1 percent. The latest business indicators for August published by the European Commission.... Compared to August 2019, consumer confidence has dropped by 26.8 points. Retail trade fell by 2 points
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Heading for talks with Turkey, Athens sets expectations low
PoliticsGreek PoliticsEuropean Council summit, which is due to take place on October 1 and 2, following a postponement. Dendias’s
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IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
EconomyProgramme-term potential rate of 1 pct. On the fiscal front, the IMF sees the deficit at 6.75 pct of GDP... a primary deficit of minimum 2 pct of GDP, with front loaded fiscal accommodation in the first half of next
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CPI falls by 2.1 pct YoY in November
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 2.1 percent year-on-year (YoY) in November compared to a decline of 2 percent seen in October, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday. The average CPI for the rolling 12 months fell by 1 percent. Month-on-month, the CPI
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Athens wary as exploratory talks with Turkey approach
PoliticsForeign Policywishes and advice, may 2021 be the year of the three As for Turkey.” He added: “1. Abandon its threats... century. 2. Aspire to become more European. Less Neo-Ottoman. This will best serve the Turkish people. 3
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Some sad lessons the Western Balkans can learn from Bulgaria's EU Journey
Agorashowed that in 2007 FDI was 28% of the country’s GDP while in 2017 — only 2%. Unsurprisingly, Bulgaria... Paris (France), a Master’s Degree in Law from Université Paris 1 Panthéon-Sorbonne (France
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CPI falls by 1.3 pct YoY in February; increases 0.2 pct MoM
EconomyMacroeconomyGreece’s Consumer Price Index (CPI) fell by 1.3 percent year-on-year (YoY) in February compared to a decline of 2 percent seen in January, Hellenic Statistical Authority (ELSTAT) figures showed... of -2.2 percent seen in July 2015. The data showed that the core index fell by 1 percent in February, less
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