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Golden Dawn sentencing excites political controversy
PoliticsGreek Politicsthe conviction of Golden Dawn as a victory for ND, saying that his government “did nothing more than [its... that sentences are served in more cases than under the previous laws, while those convicted could also
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Conclusion of Golden Dawn trial unlikely to usher in greater political unity
PoliticsGreek Politicsvoting tendencies were shown to be more in line with New Democracy than SYRIZA. According to research... than create greater unity in Greek politics, the conviction of far-right extremists will only fuel
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomy, to fall by more than 10 pct annually. Beyond that, Athens sees a moderate drop in the last quarter... even deeper than the second quarter drop. In the medium-term, the Fund expects Greece to return
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Pandemic takes heavy toll on Greek workers, study finds
EconomyFeatures, receiving less than 50 percent of their salary and exposing them to a particularly high risk... an increase in the number of persons receiving less than 200 euros per month. In Q2 2019, only 1
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Growing concerns over second lockdown in food service sector, a key employer
EconomyFeatureslooking more disruptive than the first, the more adverse scenario of a GDP contraction of up to 10... with more than 100,000 dependent members. The latest employment figures from Ergani as of September showed
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Concern over ICU capacity, support for business generate pressure for ND
PoliticsGreek Politicsinto lockdown, this would have a direct impact on businesses responsible for more than half of Greece’s national... more than 160,000 applications have been submitted, will begin to flow. In December, 750 million euros
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Building permits drops by 3.3 pct in Aug, up by 13.7 pct in 8-month period
EconomyMacroeconomycome close to this high. 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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PM pledges handouts amid discontent and gripes over coronavirus strategy
PoliticsGreek Politicsfinancial website that the total available for the end of year gift is likely to be less than 100... than are satisfied with the strategy followed. According to Alco, 52 pct are unhappy
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek PoliticsMore than 100 Greeks who contracted Covid-19 died over Saturday and Sunday, making it the worst weekend since the pandemic began. As authorities struggle to cope with the public health challenged... March and September 1, Covid-19 claimed 207 lives in Greece. According to reports, more than 3,300
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Piraeus Bank posts pre-tax losses of 133 mln in 9M
EconomyBankingbalances. Additionally, more than 1.5 billion SME loans have received an interest rate subsidy...’s NPE derisking plan. “We remain more committed than ever to our aspiration for becoming a more lean
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