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  1. R&D and innovation remain low in Greece, OECD finds
    Photo via http://www.oecd.org/

    EconomyFeatures

    and 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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  2. Govt offers pensioners 1.4 bln in backpay, opposition questions decision
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    than 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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  3. PMI drops to 46.8 points in July amid Covid-19 uncertainty
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    of decline was slower than April's record, it was nonetheless much faster than the series average

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  4. Industrial production down by 4.9 pct YoY in May but picks up from previous month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of decline was slower than April's record, it was nonetheless much faster than the series average

    1%

  5. Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates

    PoliticsGreek Politics

    and businesses when the deadly wildfire hit two years ago, resulting in more than 100 deaths... the current picture even stricter measures than the ones recently implemented by the government will have

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  6. SYRIZA goes on offensive over Covid-19 and economic reforms, but internal rifts persist

    PoliticsGreek Politics

    to 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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  7. Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    at 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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  8. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    much 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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  9. Retail sector struggles through pandemic
    Photo by MacroPolis

    EconomyFeatures

    than 45,000 euros reported a drop in sales versus six out of 10 companies with a turnover of over... of the sales were worse than expected, despite the fact that they had taken into account the effects

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  10. PMI edges up to 49.4 points in August, employment rises
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    , though the decline softened during August. Although quicker than the long-run series average, the pace of decline was much slower than April's record. Export orders also fell, but not as sharply

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