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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomydata was released. Particularly, response in urban areas had been lower than usual due
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Industrial production drops by 7.5 percent in May
EconomyMacroeconomymanufacturers did report the acquisition of new clients, but this was at drastically lower rates than
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Building permits fall by 22.4 pct in April
EconomyMacroeconomy. Total permits for 2019 came to roughly 82 percent lower than the 2005 peak. Much of the current
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomy. International passengers in those airports are lower by 84 percent. At Athens International Airport
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Survey shows investor interest remains solid
EconomyFeaturesyear, although lower than the previous survey (47 percent). A notable number, 62 percent, believe
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Newsletter 258 -07/17/2020
, although lower than the previous survey (47 percent). A notable number, 62 percent, believe
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Athens hoping for de-escalation in Aegean as it seeks pension backpay solution
PoliticsGreek Politicsit will be about 1 billion euros lower.
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
Economyto lower tourist demand could lead to a negative rating action. Fitch’s latest rating activity
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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek Politicsis much lower than many other European countries. Nevertheless, officials are concerned
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New tax debt up by 222 mln MoM in April, total for year at 2.44 bln
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 222 million euros in April, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 2.44 billion, lower than the figure for the same period last year by 16.1 percent. In March, the increase in new tax
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