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Newsletter 251 -22/05/2020
to restart businesses, salvage the tourist season and put the economy on track for recovery
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingand put the economy on track for recovery in the autumn. The three pillars of the plan were described
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomyvisitors fell by 62.1 percent to 6.1 million. BoG noted that due to travel suspensions put in place
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Haftar defeats prompt Athens to take fresh look at Libya crisis
PoliticsForeign Policy, Aguilla Saleh Issa, last Thursday. Late last month, the head of Libya’s eastern-based Parliament put
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Govt pushes tourism message, digests EU stimulus proposal
PoliticsGreek Politicsgains, but also the opportunity to put Greece in the international spotlight for positive reasons
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Refugee housing deadline puts spotlight back on migration policy
PoliticsGreek Politicscosted at 4.5 million euros was awarded to a private contractor without being put to tender
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Lockdown reduced spread of Covid-19 by 80 pct, research indicates
Societythat at the point before any measures were put in place, Greece’s basic reproduction number, or R0 number
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Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
PoliticsForeign Policyalready put together a plan of gradual diplomatic actions that can be taken by Greece. The Greek side
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First challenges for tourism plan, as public relaxes approach to virus
PoliticsGreek Politicsand at some of the more remote tourist destinations, and to put in place quick response plans
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyand firms’ liquidity put in place this year should be continued as needed. The ECB’s decision to include
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