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Building permits fall by 22.4 pct in April
EconomyMacroeconomy. Total permits for 2019 came to roughly 82 percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast majority
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomyand regional airports is down by more than 70 percent compared to last year. The seats offered... in July, 196 cases related to travel were recorded out of 326 in total. This was more than 60 percent
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Court ruling on pension backpay creates dilemma for PM
PoliticsGreek Politicsmore than the latest round of support measures announced by the PM for the flagging Greek economy... mostly been on generating greater revenues for the state rather than increasing expenditure
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PM in search of recovery fund boost as parties clash over latest Novartis episode
PoliticsGreek Politicsthan 15 pct of annual Greek GDP and, if used wisely, the funds could go a long way to helping..., rather than loans, to member states remains intact. Some EU countries have raised objections
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EU deal appears promising for Greece, but success rides on efficient use of funds
PoliticsGreek Politicseuros, of which Greece could receive more than 70 billion. “Europe has risen to the occasion, and we... states. The entire package for Greece comes to around 70 billion euros, which represents more than
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OECD releases new outlook calling for sustained reforms post Covid-19
Economyto be less severe than the crisis period of 2009-2016. The OECD highlighted that in recent years, Greece... protection system was in a much better state to deal with the crisis than it would have been otherwise
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R&D and innovation remain low in Greece, OECD finds
EconomyFeaturesand improvements in financing for firms. Although R&D spending has increased, it is still lower than most OECD... than scientific activities. Regarding barriers to innovation, firms most often report that they have
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Govt offers pensioners 1.4 bln in backpay, opposition questions decision
PoliticsGreek Politicsthan the 3.9 billion euros estimated originally. The government has made the savings by limiting... than 800 euros a month. Government sources sought to justify the limited scope of the payment
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PMI drops to 46.8 points in July amid Covid-19 uncertainty
EconomyMacroeconomyof decline was slower than April's record, it was nonetheless much faster than the series average
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Industrial production down by 4.9 pct YoY in May but picks up from previous month
EconomyMacroeconomyof decline was slower than April's record, it was nonetheless much faster than the series average
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