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

    EconomyMacroeconomy

    will skyrocket by more than 30 pct, exports will also rise impressively by 22.2 pct and imports... by more than 5 pct, leading to a lower unemployment rate of 16.5 pct, while price rises will resume

    2%

  2. Approaching Golden Dawn verdict shines spotlight on Greek politics, justice
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    politics, preferring to respect parliamentary protocol rather than overtly challenge the party’s... – rather than political – trial. Political appointment Golden Dawn’s adeptness at manipulating

    2%

  3. 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

    , to fall by more than 10 pct annually. Beyond that, Athens sees a moderate drop in the last quarter... even deeper than the second quarter drop. In the medium-term, the Fund expects Greece to return

    2%

  4. Growing concerns over second lockdown in food service sector, a key employer
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    looking more disruptive than the first, the more adverse scenario of a GDP contraction of up to 10... with more than 100,000 dependent members. The latest employment figures from Ergani as of September showed

    2%

  5. Concern over ICU capacity, support for business generate pressure for ND
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    into lockdown, this would have a direct impact on businesses responsible for more than half of Greece’s national... more than 160,000 applications have been submitted, will begin to flow. In December, 750 million euros

    2%

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

    EconomyMacroeconomy

    come close to this high. Total permits for 2019 came to roughly 82 percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects

    2%

  7. PM pledges handouts amid discontent and gripes over coronavirus strategy

    PoliticsGreek Politics

    financial website that the total available for the end of year gift is likely to be less than 100... than are satisfied with the strategy followed. According to Alco, 52 pct are unhappy

    2%

  8. Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
    Photo by MacroPolis

    PoliticsGreek Politics

    More than 100 Greeks who contracted Covid-19 died over Saturday and Sunday, making it the worst weekend since the pandemic began. As authorities struggle to cope with the public health challenged... March and September 1, Covid-19 claimed 207 lives in Greece. According to reports, more than 3,300

    2%

  9. Piraeus Bank posts pre-tax losses of 133 mln in 9M
    Image via www.piraeusbankgroup.com

    EconomyBanking

    balances. Additionally, more than 1.5 billion SME loans have received an interest rate subsidy...’s NPE derisking plan. “We remain more committed than ever to our aspiration for becoming a more lean

    2%

  10. Budget primary confirmed at deficit of 9.07 bln in October
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , as mentioned, 53 million euros or 0.1 percent higher than the target of 38.56 billion euros. State... to the pandemic which came to 1 billion euros. State budget expenditures for the aggregate period were higher than

    2%