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  1. Erdogan's Hagia Sophia move adds to complexity, uncertainty of Greek-Turkish relations
    Photo via https://flic.kr/p/4nRWya

    PoliticsForeign Policy

    Christodoulides, he will hold talks with Josep Borrell, the EU’s head diplomat. The EU, however, has... by Turkey and the Turkey-Libya memorandum, Dendias said that “Greece has capable armed forces... Union to prepare a list of very powerful measures against Turkey, in case it infringes on Greek

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  2. Athens hoping EU diplomatic drive will defuse latest Aegean crisis
    Photo via https://flic.kr/p/2jtDXp5

    PoliticsForeign Policy

    Greece and Egypt. Significantly, the Oruc Reis has not incurred into areas above Egypt’s... by the agreement Ankara made with Libya last year, and which Athens has described as null and void... a list of potential measures. “This request comes at a time of clear threat on the part of Turkey

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

    EconomyFeatures

    of Labour has said that 1.5 billion euros in relief has been granted to almost 2 million workers. Broken...The government is taking measures to mitigate the impact of the coronavirus pandemic on unemployment, particularly in sectors directly or indirectly connected to the tourism industry. The latest data

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  4. Unemployment rises to 18.3 pct in June
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    , unemployment has declined by 38 percent. The overall labour force came to 4.58 million in June, rising... percent. A rise of 4.9 pps was seen in those aged 15-24 years. This age group also has the highest overall... had caused disruptions in their data collection measures, and therefore monthly data was subject

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  5. Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
    Photo by MacroPolis

    EconomyMacroeconomy

    the solidarity levy for incomes in the private sector has a cost of 767 million. The programme... programme of mortgage subsidies has an impact of 280 million. Despite these, the primary deficit... was formed due to the various support measures that the authorities had to undertake to cushion

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  6. Building permits rise by 12 pct in July as construction picks up

    EconomyMacroeconomy

    a major downturn during lockdown measures implemented in Greece to contain the coronavirus pandemic, building activity has been resuming in recent months. The latest confidence indicator... points to -52.1 points. Compared to the same month last year, construction confidence has increased

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  7. IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    The International Monetary Fund has issued its updated macroeconomic forecasts for Greece within... not anticipate the third quarter, which has traditionally been Greece’s strongest thanks to tourism... of GDP, expenditure jumped this year to 57.3 pct of GDP, due to the various support measures adopted

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  8. Building permits drops by 3.3 pct in Aug, up by 13.7 pct in 8-month period
    Photo by MacroPolis

    EconomyMacroeconomy

    suffering a major downturn during lockdown measures implemented in Greece to contain the coronavirus pandemic, building activity has been resuming in recent months, although it is likely that the second... points. Compared to the same month last year, construction confidence has increased by 3.8 points.

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  9. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    throughout Europe regarding travel restrictions and quarantine measures has faced criticism from...The European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68

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  10. Building permits increase 29 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    related to private building projects. After suffering a major downturn during lockdown measures implemented in Greece to contain the coronavirus pandemic, building activity has been resuming in recent... confidence has strengthened by 20.7 points.

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