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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatures” took off during the economic crisis, partly motivated by the increase in the cost of property... during the pandemic, the very least that can be expected is a major shake-up of the “sharing... availability of long-term rentals. According to one estimate published by rental platform
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Draft budget sets ambitious growth target of 2.8 pct in 2020, plugs fiscal gaps
Economyby half a percentage, from 2.3 percent in the previous official Greek estimate in the Stability Programme to 2.8 percent. At the same time, the estimate for this year’s growth is revised down to 2... in December. The growth estimate of 2.8 percent for next year is a substantial revision from
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Greek banks on cusp of improved liquidity conditions
Agoraand the interest rate is the same as that for the ECB’s deposit facility, i.e. -0.4 percent. During the conference... to Greece’s ECB eligibility for the QE programme. During a press conference last September, ECB president... stressed that “during reviews in the context of financial assistance programmes for a euro area Member
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Newsletter 233 - 20/12/2019
legislation next month that will ensure public services do not come to a standstill during strikes... shift declared themselves on strike. As he made clear earlier in the year, during protests against... of the shadow economy in Europe and estimate its size. It found that the shadow economy mostly declined
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How the Croatian government helped spread of 'plandemic'
Agorato imperceptibly rule over the planet. However, it is not that simple. Their estimate was flawed, not counting... that media workers encountered misinformation during the pandemic much more often than before, most... of it on their backs. Although the media in Croatia in general did their job responsibly during
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December retail sales seen down 2.5 pct amid tax onrush
EconomyMacroeconomyin the next two months, during the winter sales period. However, this would still represent a 40 percent nosedive from the 2008 level. According to ESEE data, turnover during the winter sales in 2008 reached... percent respectively in private consumption. The OECD estimate is less optimistic as it forecasts
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Lenders fret over reform delays as Brussels revises 2019 growth forecast upwards to 2.2 pct
EconomyProgrammeis estimated to reach 2.2 percent in 2019 and 2.3 percent in 2020, compared to an estimate of 2 percent... as a result of strong external demand that led to net exports being the main driver of growth during... during the year. Although investment remained subdued, there are encouraging signals in the real
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Newsletter 209 -07/06/2019
also adopted a package of permanent fiscal measures which the European institutions estimate will have... suffered the most during the crisis and who are at higher risk of poverty. Combined with the decision.... During March, employment increased by 8,961 people compared to February. Year-on-year, the figure
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Newsletter 435 - 04/10/2024
party together as it marks 50 years since it was founded – five decades during which it has been... of GDP in 2028. During the news conference held by Finance Minister Kostis Hatzidakis to present... once again to revise down its growth estimate for this year to 2.2 pct, when in the final 2024 budget
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Erdogan's Hagia Sophia move adds to complexity, uncertainty of Greek-Turkish relations
PoliticsForeign Policy, bilateral cooperation between EU-Turkey on the refugee/migrant issue and developments related to Libya... violation of the arms embargo in Libya, according to a high-ranking EU official. There is a growing... by Turkey and the Turkey-Libya memorandum, Dendias said that “Greece has capable armed forces
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