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GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
EconomyMacroeconomy. This is due to the second wave of the virus manifesting with a much harsher profile than the first, along with a poor tourism season in Q3 which generated much lower revenues than the government had
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Covid-19 data prolongs wait for re-opening amid new clash over policing
PoliticsGreek Politicsfor the disease even though the lockdown has been in place for week longer there than the rest... detained and prevented from approaching the spot where Grigoropoulos was killed more than a decade
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PM identifies pending pensions as key problem, while row brews over media law
PoliticsGreek Politicsretirees receive their payments in less time than in the past. The premier told his party’s MPs... more worrying. It put the number of pending pensions at the end of Q3 this year at more than
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Turnover in tourism drops by 62.6 pct in Q3
EconomyMacroeconomypercent. In 2019, the annual increase came to 1.3 percent for the year, lower than the average... decreased by 37.9 percent on the back of lower than expected demand. According to the Bank of Greece, Greece
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Building permits increase 29 pct in September
EconomyMacroeconomyto 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 of building projects are also
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Budget passed as govt pins hopes on vaccine rollout to get economy on track
PoliticsGreek Politicsas much as 5.5 billion euros this year, which would represent an increase of more than a third... their vaccination at one of the centres. The authorities are aiming to vaccinate more than 2 million Greeks
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Unemployment at 16.2 pct in Q3
EconomyMacroeconomyto be employed, if the suspension period is less than three months or if they receive more than 50
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Newsletter 278 -14/12/2020
are aiming to vaccinate more than 2 million Greeks next year, but recent opinion polls indicate... part of the regulatory capital, more than half of it, consists of Deferred Tax Credits (DTCs
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Govt gears up for arrival of Covid-19 vaccine amid virus flare-up in some areas
PoliticsGreek Politicsthe public’s trust in the process, which will see more than 1,000 vaccination centres set up around... encouraging than other recent surveys regarding the proportion of Greeks who might get inoculated
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PM mulling reshuffle to get political project back on track in 2021
PoliticsGreek Politicsof deputy minister rather than minister. New Democracy’s opinion poll ratings have been slipping since... than technocrats, into the cabinet as a way of strengthening the link between ministers
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