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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicsa 2 pct discount on the total. Eurogroup Mitsotakis also referred to the Eurogroup decision a few
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ND tweaking stimulus measures as SYRIZA flounders in Novartis backwash
PoliticsGreek Politicsrelease 3.5 billion euros, or 2 pct of GDP, of liquidity as concern mounts regarding the damage
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Criticism of Athens "Great Walk" prompts debate on public spaces
PoliticsGreek Politicsundemocratic and ineffective”. Iliopoulos said that 2 million euros had been wasted on unsuitable fittings
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Overall loan interest rate drops to 4.23 pct in May
EconomyMacroeconomyloans dropped by 2 bps to 3.86 percent. The spread between existing loan and deposit rates fell
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OECD forecasts unemployment increase into 2021
EconomyFeatures. Scenario 2 sees GDP falling by 8 percent, leading to job losses of 153,000 while scenario 3, which
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Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek Politicsat 31 billion euros, replenished by 5 billion euros of two new bond issues and 2 billion from
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OECD releases new outlook calling for sustained reforms post Covid-19
EconomyThe latest OECD outlook for Greece, made public on Wednesday, has shown that Greece’s economy was growing at the steady pace of close to 2 percent in the three years before the coronavirus pandemic, which heralded a slowdown. The OECD noted that while Greece has been successful in containing
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R&D and innovation remain low in Greece, OECD finds
EconomyFeaturesscientists. Based on OECD research, Greece lost 2 percent of scientific authors in 2016 to outflows, which
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Greece on alert over Turkish maritime plans, senses EU backing
PoliticsForeign PolicyAthens is on alert after Turkey announce plans, via a NAVTEX advisory on Tuesday, for a seismic survey south and east of the Greek island of Kastellorizo between July 21 and August 2. However, diplomatic contacts are being made behind the scenes in a bid to defuse the situation. Germany
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Newsletter 259 -24/07/2020
and financial instruments totaling 1.58 billion euros, with approvals amounting to 743 million euros. 2
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