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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyare expected to be less severe than the crisis period of 2009-2016. Specifically, the organisation noted... scenarios, unemployment is forecast as increasing further in 2021 rather than reducing, and reaching
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Building permits increase by 10.2 pct in March
EconomyMacroeconomythe coronavirus take hold. 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
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EU report sees Greek population shrinking, ageing over next decades
Societyof demographic change in Europe is that Europeans are living longer than ever before and are spending more years.... At the same time, Europeans are having fewer children than before. A fertility rate of 2.1 children per
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Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
EconomyMacroeconomyto be employed if the furlough period is less than three months or if they receive more than 50
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ND feeling fiscal pressure as row over media handouts rumbles on
PoliticsGreek Politicsthese interventions. It will have to agree a primary surplus target of less than 2 pct of GDP next year... Macedonia was publicised, it was done transparently and via public services rather than a private
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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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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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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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