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IMF maintains outlook for economy, Athens readies scheme for unpaid taxes and contributions
EconomyProgramme-March. The IMF sees the Greek economy growing by 2.4 percent in real terms this year, and marginally
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OECD sees Greek economy most at risk from Covid-19, with impact reaching up to 35 pct of GDP
Economyother parts of the economy will respond and the offsetting effects of fiscal and monetary support
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomythe global economy two years to recover to pre-Q4 2019 levels. Regarding Greece, the OECD expects
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Minister's clash with catering sector highlights pitfalls ahead as pandemic squeezes economy
PoliticsGreek Politicssector. Georgiadis Apart from being one of the Greek economy’s key employers, the catering sector has
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Parties turn focus on economy as PASOK struggles with election fallout
PoliticsGreek PoliticsAs a consensus emerges that the EP election results were shaped by voters’ concerns over the economy and the cost of living, New Democracy and SYRIZA have responded with initiatives to address some of the key issues that emerged from the exit polls. On Wednesday, Prime Minister Kyriakos Mitsotakis
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PASOK tries to chip away at New Democracy's record on economy
PoliticsGreek PoliticsHaving established themselves as the official opposition, social democrats PASOK are trying to build on their momentum in the polls by launching an attack on the government over its handling of the economy. PASOK leader Nikos Androulakis will meet on Wednesday with representatives of workers
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Government tries to steer agenda to defence and economy amid mixed messaging on Syria
PoliticsGreek PoliticsHaving survived a censure motion over Tempe on Friday, Prime Minister Kyriakos Mitsotakis is attempting to turn the focus back on areas where he believes New Democracy has the upper hand over its rivals, including the economy and defence. The subject of defence, which in the past could be depended
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Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
Economy, though, that the NPL formation more than halved to 111 million in Q2 from 264 million in Q1, while... the domestic economy is set to enter into recession as of Q3. Banks’ asset quality would be among the key
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Budget deficit of 6.38 bln in Aug confirmed; target beaten due to one offs
EconomyMacroeconomyThe budget primary balance was confirmed at a deficit of 6.38 billion euros in the first eight months of 2021, compared with a deficit of 5.48 billion in the same period last year, the final Finance Ministry (MoF) budget execution data showed on Monday....
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Budget starts new year on track, timing factors lead to 1.16 bln outperformance
EconomyMacroeconomyeuros. Greece has also received 159 million euros from the RRF, with 111 million allocated so far.
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