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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economy. Impacted by the drop in services revenues, notably tourism which corresponds to 22 pct of current account
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Budget primary surplus at 494 mln in Mar amid first signs of Covid-19 impact on revenues
EconomyMacroeconomyon other goods and services (-235 million) and excise tax on fuel by 51 million euros. The breakdown
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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicsspecial mention of church services, which will resume as normal on May 18, although churches
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Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline
Economyand services. Imports will also drop by 14.2 pct as demand is subdued. For 2021, the economy is seen
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Poverty declined in 2018, births continued to lag behind deaths
Societyconnection. In 2019, 41.5 percent of the population had bought or ordered goods or services online
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Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politicsthe industry proposals are reduced VAT rates across the range of hospitality and catering services
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CPI drops by 1.4 pct in April
EconomyMacroeconomyby 2.5 percent while the services index showed no change year-on-year. The harmonised index
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General govt primary cash surplus down to 774 mln in March, arrears up by 195 mln
EconomyMacroeconomyincreased by 32 million euros to 2.02 billion euros. Purchases of goods and services rose by 10
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Greece plans tourism reopening while waiting for EU guidelines
EconomyFeaturesof the tourism services.” Greece proposed a negative coronavirus test 72 hours before travel
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Govt lays out recovery plan to October, launches tourism roadmap
PoliticsGreek Politicsculture. Tax measures will include VAT reductions on a range of products and services, including
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