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  1. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    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

    2%
  2. More flights land at airports, but tourism expectations remain grounded
    Photo by MacroPolis

    PoliticsGreek Politics

    than 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

    2%
  3. Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
    Photo via www.primeminister.gr

    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

    2%
  4. Building permits fall by 22.4 pct in April
    Photo by MacroPolis

    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

    2%
  5. Court ruling on pension backpay creates dilemma for PM
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    more 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

    2%
  6. EU deal appears promising for Greece, but success rides on efficient use of funds

    PoliticsGreek Politics

    euros, of which Greece could receive more than 70 billion. “Europe has risen to the occasion, and we... states. The entire package for Greece comes to around 70 billion euros, which represents more than

    2%
  7. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to be less severe than the crisis period of 2009-2016. The OECD highlighted that in recent years, Greece... protection system was in a much better state to deal with the crisis than it would have been otherwise

    2%
  8. 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

    2%
  9. 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

    2%
  10. 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

    2%