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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
Economyon the economy. Stournaras also outlined the potential benefits from the EU’s response to the crisis through... of the economy, although Stournaras notes that the medium-term sustainability is assured under basic nominal
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Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
PoliticsGreek Politics. Staikouras revealed that a total of 3.3 billion euros would be pumped into the economy over the next few... to this liquidity going straight back into the economy through immediate spending and to soften
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Govt focusses on post-lockdown management amid persistently high Covid numbers
PoliticsGreek Politicsare not lifted soon the result would be a disaster for the economy, with retail sales falling... focus on reopening the economy in time for Christmas is in stark contrast to the alarming picture
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Updated IMF DSA sees Greek debt as sustainable in medium-term, risks over long-term
EconomyMacroeconomyin March 2019. The IMF also issues in its regular annual cycle on the Greek economy the Article IV... on the macro front see the economy contracting by 9.5 pct this year and growing by 5.7 pct in 2021 and 5.6
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Podcast - What is Greece going to do with the EU's Covid-19 recovery funds?
Agorathe economy in the wake of the Covid-19 pandemic. But the Greek government also sees this money as vital to transforming the economy and the country's infrastructure. Investment in the green
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BoG warns pandemic will leave trail of bad loans, hastening need for new tools
EconomyBankingbank notes that, according to its baseline scenario, the economy will shrink by 10 pct in 2020... to resume their role of financing the Greek economy. Combined with the funds that are expected to flow from
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Fitch keeps Greece at 'BB' rating as risks remain on horizon
Economythe confidence in the sustainability of public finances, despite the hit from the pandemic both on the economy and public coffers, and the associated risks to the economic outlook. With the economy having
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Newsletter 283 -05/02/2021
, claiming inadequate economic assistance. Apart from being one of the Greek economy’s key employers... average. In its baseline scenario, the economy shrank by 10 pct in 2020, and will resume a growth path
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Govt counts fiscal cost as Greece heads for lockdown extension
PoliticsGreek Politicsbillion, the primary balance deteriorates by 0.7 pct of GDP, and the economy slows down by 0.8 pct... that the economy would be operating normally, but the continued lockdown means that the actual number
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Govt prepares new round of economic relief as Covid remains a threat
PoliticsGreek Politicsto be winding down its economic relief now and focussing on the reopening of the economy and the tourism sector... programme holds the key to restrictions being lifted soon and the economy being able to flourish
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