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Newsletter 247 -10/04/2020
has set aside 1 billion euros. The firms that claim the money back will have to repay it to the tax
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Officials monitor new Covid-19 outbreak, extend school closures
PoliticsGreek Politicson March 10. Reports on Friday indicated that the Education Ministry is set to confirm that Greek
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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomy. The crisis is set to deal a major blow to the budget, leading a deficit of -9 pct of GDP this year
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Govt trails transition out of lockdown as training vouchers stir controversy
PoliticsGreek Politicsof the infection in the general population. Contact tracing is also set to continue, based on the extended
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Survey sheds light on sentiments in lockdown, as govt backpedals on voucher scheme
PoliticsGreek PoliticsA major survey highlights Greeks’ anxiety around the pandemic’s impact on their finances, while a government U-turn on support for professionals looks set to tarnish its reputation for competence. The government continues to reap the public’s approval for its handling of the coronavirus crisis
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economyof surpluses, following the relaxation of the Stability and Growth Pact across the eurozone and the target set
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agora-fuel related infrastructures and production). On paper, one could argue that the stage is set
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Economic diversification vital to Greece's post-coronavirus future
Agora, hotels falling silent, airports all but closed, and international trade set to fall anywhere between
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingthat a committee be set up by the BoG to evaluate the reduction in the amount of such documentation
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
EconomyThe European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession of historic proportions this year.” Euro area GDP is seen falling by 7.75 pct in 2020 and grow by 6.25 pct
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