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As easing of lockdown begins, government looks to salvage economy
PoliticsGreek Politicsfrom a year when the Finance Ministry expects GDP to contract by up to 7.9 pct. The centre-right
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Travel balance falls by 53.6 pct in March
EconomyMacroeconomypercent to 421,400. Arrivals from outside the EU showed a decrease of 7.9 percent to 926,900. In total
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GDP falls by 1.6 pct QoQ in Q1 and by 0.9 pct YoY
EconomyMacroeconomyany country in the forecast. The EC does, however, expect a strong rebound of 7.9 percent in 2021.
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Apartment prices rise by 6.9 pct in Q1
EconomyMacroeconomypercent in Q4. New properties, classified as up to five years old saw price increases of 7.9 percent
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Newsletter 253 -05/06/2020
increases of 7.9 percent.
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Trade deficit falls by 30.3 pct in April as Covid-19 restrictions hit trade
EconomyMacroeconomyGreeceās trade deficit fell by 30.3 percent year-on-year (YoY) in April compared to a drop of 7.9 percent in March, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The sharp decline in the deficit reflects the impact of coronavirus-related lockdowns and restrictions
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General govt primary cash deficit of 1.85 bln in Apr as revenues decline
EconomyMacroeconomy, revenues decreased by 7.9 percent YoY to 22.88 billion. In absolute terms, the greatest annual decrease
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EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed
EconomyMacroeconomywas also revised downward by a substantial 1.9 percentage points, from 7.9 pct to 6 percent
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Newsletter 257 -07/07/2020
. The recovery was also revised downward by a substantial 1.9 percentage points, from 7.9 pct to 6 percent
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Newsletter 260 -31/07/2020
and more data available, Fitch sees the Greek economy contracting by 7.9 pct in 2020, essentially
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