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PMI rises to 49.4 points in June as manufacturing resumes
EconomyMacroeconomy, but this was at drastically lower rates than that seen at the start of the year. New export orders also fell marginally... charges to attract customers. "Despite being much weaker than earlier in 2020, business confidence
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More flights land at airports, but tourism expectations remain grounded
PoliticsGreek Politicsthan 200 flights from abroad were due to land at Greek airports on Wednesday, boosting businesses... of the public administration and health care, where more than 60 pct of respondents have a positive
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsas a publicity stunt, noting that just five of the 900 buildings are being demolished one year, rather than one... that saw a decline of more than 35 pct in their revenues will not have to pre-pay any tax, while those
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Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
PoliticsGreek Politics. This was more than 60 pct of the total. The equivalent percentage in the last 10 days of June was just... visitors from abroad. If the number of cases rises to, and remains at, more than 50 per day
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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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