Search
-
More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
Economyin impacted areas that had to close for more than 10 days. The government has also offered to subsidise... revenue has dropped significantly even if they were not subject to enforced closure. The government has... case in the Eurogroup. The General Accounting Office also has in place a monitoring mechanism of market
2% -
Mitsotakis puts Greece on war footing as plans progress to boost hospital capacity
PoliticsGreek Politicsnight, taking an even more serious tone and warning that Greece has a long battle ahead... by an anonymous user on Reddit. Its accuracy has not been confirmed. It should also be pointed out... in the effort to provide care for sufferers. Hospital capacity The national health service has
2% -
ECB makes Greece eligible for up to 12 bln in bond purchases amid market frenzy
Economyinvestment grade. However, the ECB has decided to end Greece’s exclusion. “A waiver of the eligibility... weeks has been felt across the yield curve, with the 5-year benchmark going from testing the zero... with a yield of 3.75 pct. Greece does not have any urgency to tap markets any time soon. The PDMA has
2% -
Turkey closes borders, Greece keeps up pressure
PoliticsForeign Policyas the continuous rise of cases in Greece’s neighboring country has left Turkey’s president without much... has not been defused. The last incident took place early on Wednesday, when around 500 migrants... ahead Athens is trying to build on the effort it has made to prevent migrants from crossing its
2% -
PM increases coronavirus support package to 10 bln, while sounding dire warning to public
PoliticsGreek Politicsto what has become a familiar cautionary tale in the government’s public messaging. Noting that “the government’s arsenal of measures has been almost exhausted,” the prime minister entreated... Strategic Reference Framework (ESPA) investment and structural funds. The 800-euro income support has
2% -
PM orders lockdown as opposition focusses on health system's capacity
PoliticsGreek Politicsrose by 128 over the weekend, has heightened fears about whether Greece’s public health system can cope... of the areas where his government could, in due course, face criticism. SYRIZA has already highlighted... hirings, including 8,500 permanent staff. It has contrasted this with the cuts made by New
2% -
ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politicsthat are eligible for emergency benefits. The crisis has created a new volatile labour market... and 6 pct VAT on hotels. However, all this has to be balanced against the available public finances. The Finance Ministry has a difficult balancing act as it must also take into account the economic
2% -
Medics highlight weaknesses in frontline care as parties debate emergency measures
PoliticsGreek PoliticsThe government has announced it will step up checks on highways and at ports and airports ahead of Greek Orthodox Easter next Sunday to ensure it keeps a lid on the coronavirus outbreak, which has... in Greece has not dampened the calls for an improvement in the country’s capability to deal with cases
2% -
Snap election scenarios circulate as ND's pandemic response fuels surge in polls
PoliticsGreek Politicswith the inevitable political cost. This has led observers to speculate that Kyriakos Mitsotakis will seek re... and accusations of vote suppression. A public which has sacrificed its Easter celebrations along... that his responsible handling of the pandemic has earned him and his government a great deal of trust
2% -
Govt examines how to ease out of lockdown as PM rules out snap elections
PoliticsGreek Politicsto welcome visitors by July at the latest. However, this has to be balanced against concerns about.... “The government has a strong mandate and the prime minister has very strong political influence and control over the country. He has all the power and authority he needs to face the situation that lies ahead
2%