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  1. GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
    Photo by Manolis Tsafos/Fosphotos

    EconomyMacroeconomy

    is preparing a new draft budget based on the adverse scenario for this year of 8-9 percent recession

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  2. PM prepares for low key policy speech as poll suggests support for govt still high

    PoliticsGreek Politics

    submitted a multi-bill to Parliament that paves the way for the spending in this year’s budget

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  3. Mitsotakis seeks to reassure on foreign policy, spending plans

    PoliticsGreek Politics

    clearly wants to be seen as a frugal fiscal manager, however the decision to increase the defence budget

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  4. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance Ministry has

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  5. Newsletter 270 -23/10/2020

    Newsletters

    and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance

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  6. New bid to curb Covid-19 raises demand for more economic support
    Photo by MacroPolis

    PoliticsGreek Politics

    and TEPIX II. In the draft budget, the Finance Ministry puts the total fiscal impact of the support

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

    EconomyFeatures

    to it, the prospect of a second lockdown is leading the government to rethink its 2021 budget, along

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  8. Lenders acknowledge reforms, flag up tricky fiscal path ahead

    EconomyProgramme

    to a primary deficit of 1.1 pct of GDP in 2021. The report adopts the measures included in the draft budget

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  9. OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
    Photo by MacroPolis

    Economy

    The 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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  10. PM identifies pending pensions as key problem, while row brews over media law
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    months. A recent report by the Parliamentary Budget Office (PBO), suggested that the numbers are even

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