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OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
EconomyThe OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also sees a contraction go 10 percent in GDP this year. Recovery in 2021
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Newsletter 276 -04/12/2020
to the second wave of the virus. In line with the Ministry of FInance’s latest budget, the OECD also
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PM identifies pending pensions as key problem, while row brews over media law
PoliticsGreek Politicsmonths. A recent report by the Parliamentary Budget Office (PBO), suggested that the numbers are even
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BoG insists on need for bad bank, sees EU funds boosting recovery from 2021
Economyin the budget of 2021. The recovery will resume next year with growth of 4.2 pct in 2021 and 4.8 pct
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Govt's campus police proposals face further pushback as protests against education bill go ahead
PoliticsGreek Politicsto be allocated to universities from the state budget. According to the KINAL bill, heads of campus
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University bill a source of friction but govt unlikely to be ruffled
PoliticsGreek Politicsto be allocated to universities from the state budget. Another aspect of the proposals that has stirred a reaction
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Public sector staff trends survive MoU exit, change of government
Societyis already having to revise spending and budget expectations in the short term, and is staking a lot
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Impending lockdown decision highlights cabinet tensions, casts unflattering spotlight on experts
PoliticsGreek Politicson by business closures. Realising that the budget will need to be revised to accommodate even the milder
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Primary cash deficit at €1.6 bln in January
EconomyMacroeconomyInvestment Budget recorded a deficit of 780 million euros compared with a deficit of 190 million
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Govt counts fiscal cost as Greece heads for lockdown extension
PoliticsGreek Politics. He outlined the various factors that are impacted by the lockdowns, for instance the budget
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