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  1. Lenders acknowledge reforms, flag up tricky fiscal path ahead

    EconomyProgramme

    to a primary deficit of 1.1 pct of GDP in 2021. The report adopts the measures included in the draft budget

    3%

  2. OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
    Photo by MacroPolis

    Economy

    The OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also sees a contraction go 10 percent in GDP this year. Recovery in 2021

    3%

  3. Newsletter 276 -04/12/2020

    Newsletters

    to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also

    3%

  4. PM identifies pending pensions as key problem, while row brews over media law
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    months. A recent report by the Parliamentary Budget Office (PBO), suggested that the numbers are even

    3%

  5. BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
    Photo by MacroPolis

    Economy

    in the budget of 2021. The recovery will resume next year with growth of 4.2 pct in 2021 and 4.8 pct

    3%

  6. Govt's campus police proposals face further pushback as protests against education bill go ahead
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to be allocated to universities from the state budget. According to the KINAL bill, heads of campus

    3%

  7. Minister's clash with catering sector highlights pitfalls ahead as pandemic squeezes economy
    Photo by MacroPolis

    PoliticsGreek Politics

    The Finance Ministry is desperately searching for ways to fund more relief measures for businesses as the coronavirus has knocked the 2021 budget off track after just the first month of the year. There is also political blowback for the government from the ongoing economic effects of the pandemic

    3%

  8. University bill a source of friction but govt unlikely to be ruffled
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to be allocated to universities from the state budget. Another aspect of the proposals that has stirred a reaction

    3%

  9. Public sector staff trends survive MoU exit, change of government
    Photo by MacroPolis

    Society

    is already having to revise spending and budget expectations in the short term, and is staking a lot

    3%

  10. Impending lockdown decision highlights cabinet tensions, casts unflattering spotlight on experts
    Photo by MacroPolis

    PoliticsGreek Politics

    on by business closures. Realising that the budget will need to be revised to accommodate even the milder

    3%