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  1. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    The European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68 percent compared to 2019. The hardest hit countries were Cyprus with tourism down by 85 percent

    2%

  2. Current account shows deficit of 498.8 mln in September on declining services and oil receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    ). The services balance came to a surplus of 1.07 billion, down by 66.2 percent YoY. The travel balance showed... for the month according to these figures. Travel payments came to 49 million, also down 77.1 percent. Total

    2%

  3. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    , investments were seen down by 10.9 pct and exports lower by 24.8 pct. Public spending was seen... in 2020 is expected at 18.2 billion euros, broken down into 11.63 billion in fiscal impact, 1.57

    2%

  4. Many obstacles to clear in Greece's digital leap
    Photo via https://flic.kr/p/4YVJXw

    EconomyFeatures

    of opportunity, the pressure of dealing with the crisis is further drawing down on the limited... period of stagnation, however the vision needs to be widely shared rather than imposed from the top down

    2%

  5. Covid-19 data controversy rumbles on, as opposition probes on transparency

    PoliticsGreek Politics

    the weekly average down to 1,757 compared to 2,337 the previous week. However, 600 patients remain intubated in ICUs, only slightly down from the all-time high of 608, and a further 85 deaths were

    2%

  6. CPI falls by 2.1 pct YoY in November
    Photo by MacroPolis

    EconomyMacroeconomy

    for November edged down by 0.9 percent compared to October. The CPI has remained consistently negative... in November. Compared to September, the HICP edged down by 0.8 percent. In November, the movement

    2%

  7. Budget primary shows deficit of 13.75 bln in November
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    came to 5.07 billion euros, above target by 110 million euros. Broken down by category, other... was under the target by 73 million euros or 5.3 percent, and other taxes on production were down

    2%

  8. PMI edges up to 46.9 points in December
    Photo by MacroPolis

    EconomyMacroeconomy

    restrictions hampered operations at goods-producing firms. The rate of contraction slowed down... was only fractional and remained the slowest for four months. Job losses slowed down in December

    2%

  9. Current account shows deficit of 1.26 bln in November
    Photo by MacroPolis

    EconomyMacroeconomy

    of 425.6 million, down by 24 percent YoY. The travel balance showed a surplus of 40.4 million... to these figures. Travel payments came to 20.3 million, also down 90.2 percent. Total imports came

    2%

  10. Fitch keeps Greece at 'BB' rating as risks remain on horizon
    Photo by MacroPolis

    Economy

    and 2.6 pct in 2022. Debt is seen skyrocketing to 210.5 pct of GDP in 2020, marginally edging down... progress in bringing the NPE ratio down by additional securitisations assisted by the Hercules APS

    2%