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  1. Pandemic's growing economic impact warrants extra support measures, funded by cash buffer
    Photo by MacroPolis

    PoliticsGreek Politics

    200 pct of GDP, which is a tougher challenge than it may sound initially due to the rate at which... unemployment numbers show that unemployment has risen to 17 pct in May, from 14.5 pct in March

    2%

  2. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    starting from May 4, when citizens no longer needed to declare their reason for leaving home. Further... followed. On May 25 when these measures were put in place, Greece had 2,882 cases and 172 deaths

    2%

  3. Grim picture in labour market obliges govt to provide more job support schemes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    from ELSTAT showed that unemployment hit 17 percent in May. However, ELSTAT’s figures exclude... to 542,244 people for May suspensions, 129 million for 275,598 tourism workers, 109.4 million euros

    2%

  4. Retail turnover drops by 6.9 pct in June, volume drops by 7.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s retail sales index decreased by 6.9 percent in June following a revised drop of 4.6 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday. The latest month’s reading... seasonally adjusted (SA) retail sales index in June rose by 1.2 percent compared to May, while volumes

    2%

  5. Trouble from Turkey prompts plans for extra defence spending after years of cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of defence expenditure. While these concerns may be shared by some SYRIZA politicians, it may be more

    2%

  6. Newsletter 272 -06/11/2020

    Newsletters

    dependency on tourism. PMI edges down to 48.7 points in October Output declines at fastest rate since May.... The rate of decline was the fastest since May. The decline was spearheaded by a fall in new orders

    2%

  7. Greece maintaining investors' interest, EY survey finds

    EconomyFeatures

    between 16-30 October this year. It found that compared to the survey in May, the percentage... for investors. In May, almost half of respondents felt that Europe would become less attractive

    2%

  8. Industrial turnover drops by 14.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    deterioration in overall manufacturing sector performance since May. The rate of contraction was among the fastest since data collection began in May 1999. Finally, according to the European Commission’s

    2%

  9. Public sector staff trends survive MoU exit, change of government
    Photo by MacroPolis

    Society

    of 2,739 in May 2019. During the transition to ND in July 2019 the number dropped to 1,710... to a ballooning of contract staff numbers. While some of these may have plugged genuine staffing gaps

    2%

  10. Challenges piling up for govt as spokesperson departs
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the weekend. The Health Ministry plans to redirect another 70 ICUs for Covid purposes, while some cases may... commentators have called on the authorities to reassess their position is an indication that it may

    2%