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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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SYRIZA goes on offensive over Covid-19 and economic reforms, but internal rifts persist
PoliticsGreek Politicsto criticism than just a few weeks ago. Speaking to news website ieidiseis.gr last week, Tsipras... argued that the party’s policies should be determined by principled positions rather than electoral
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Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
EconomyMacroeconomyat a faster pace than exports. No notable change was seen in the primary and the secondary income accounts... of the balance of goods fell, as imports decreased at a faster pace than exports. The total balance
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Greece grapples with second Covid-19 wave as cases soar
Societymuch worse than the government had aimed for, with the added stress of the second wave manifesting much earlier than anyone could have predicted. As the summer season is quietly brought to a close
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