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Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
PoliticsGreek Politics, which has not benefited as much from the opening of Greece’s borders after the lockdown... that Greece has a cash buffer of 34.7 billion euros at its disposal, down from 37.5 billion in March... national output, the denominator in the debt ratio, is shrinking. Staikouras has to balance this effort
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Economic sentiment at 90.7 in Aug, construction and retail dip
EconomyMacroeconomy, the EEI has worsened by 7.7 points. Additionally, compared to August 2019, the ESI has decreased... confidence has dropped by 26.8 points. Industry confidence fell by 2.2 points month-on-month to stand at -15.5 points. Year-on-year, industry confidence has fallen by 16.1 points. The services index improved
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politicsand public transport, has been cut back to the bare bones. During the last decade, Greece slashed defence..., as a percentage of GDP, spending on defence has remained at 2 pct of GDP or more throughout this period, well.... Reforms Mitsotakis also referred to his government’s reforms programme, although much of this has
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More Covid-19 measures on way for Athens as public concern grows
PoliticsGreek Politicsthe government has not done more over the last few months to bolster the system so it can deal with an upsurge... party stands at 39.1 pct, compared to 39.9 pct in the last survey. SYRIZA’s support has dropped from 24 to 22.1 pct over the last few months. There has been little change among the smaller parties
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Greece and Turkey prepare for exploratory talks brokered by Germany
PoliticsForeign Policythe work of the German government. Berlin has been involved in various initiatives since September 11... of Kastellorizo. With the support of Washington, Berlin has put all its diplomatic efforts... an issue for the Greek government, which has been left perplexed by the contradictory statements given
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Consumer confidence drops by 6 pts as economic sentiment declines in September
EconomyMacroeconomyto last year, the EEI has worsened by 3.2 points. Meanwhile, compared to September 2019, the ESI has... year, consumer confidence has dropped by 34.2 points. Consumer confidence is now at its lowest level... to stand at -18.1 points. Year-on-year, industry confidence has fallen by 19.1 points. The services
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Approaching Golden Dawn verdict shines spotlight on Greek politics, justice
PoliticsGreek Politicsto commit acts of violence. Michaloliakos has consistently argued that the case against him is politically motivated. Their conviction would be seen as the final blow to the party, which has already... approaches, the pressure has been mounting on the courts, with politicians across the spectrum calling
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Athens, Ankara dally over date for talks as Maas prepares fresh visit
PoliticsForeign Policyhas not been set yet despite the withdrawal of the Oruc Reis research vessel from maritime area... it will be the host country of this new round of talks that the European Union has been seeking... to begin. Athens and Nicosia do not regard it as a coincidence that Turkey has decided to withdraw both its
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Covid-19 inflicts minimal wear and tear for ND as opposition struggles to profit
PoliticsGreek Politicsremains low in comparison to many other European countries, has led to the authorities taking more... are not satisfied with the government’s approach to dealing with Covid-19 has gone up to 40 pct, from just... that the concern about the disease has eroded the public’s confidence in the government compared to a few
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Economic sentiment dips to 91 in November as consumer confidence continues to slide
EconomyMacroeconomy. Compared to last year, the EEI has fallen by 6.1 points. Meanwhile, compared to November 2019, the ESI has decreased by 17.1 points. The EU average ESI stood at 86.6 points for the month. Consumer... last year, consumer confidence has dropped by 41.5 points. Industry confidence deteriorated by 3.4
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