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  1. Building permits rise by 17 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    . 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. The vast majority

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  2. PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    announced recently for Q2 2020 was deeper than its own estimate from April of -13.7 pct. Combined with the small recession of the first quarter, this signals that the impact on the economy is sharper than

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  3. ND clarifies plans for emergency health system capacity as public mood over Covid-19 sours
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    , with 67 patients intubated in ICUs and 3 more deaths bringing the total death toll to 316. More than... employees’ union POEDYN put the estimates lower than official figures, at 607 total ICU beds nationwide

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  4. Flooding, Covid-19 threat in Athens dominate ND's agenda
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    this early part of his first term in office much more challenging than he could have imagined... of indoor cinemas, the suspension of concerts and a ban on gatherings of more than nine people indoors

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  5. BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
    Photo via http://www.delphiforum.gr/

    Economy

    for the first six months of 2020 is better than the 9 pct drop observed in the rest of the eurozone... in place, Greek systemic banks are expected to shed more than 30 billion of NPE off their books via

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  6. Heading for talks with Turkey, Athens sets expectations low
    www.mfa.gr

    PoliticsGreek Politics

    with talks, rather than negotiations. Conducting talks means that we are trying to find rules... is better than us having our finger on the trigger for a long time.” But the source added that the aim

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  7. Covid-19 poses health and education challenges, damaging ND popularity
    Photo by MacroPolis

    PoliticsGreek Politics

    carried out more than 2,600 free tests in public squares in Athens, which is the epicentre... in Thessaloniki earlier in the month. Nevertheless, he remains far more popular than SYRIZA leader Alexis

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  8. Household expenditure rises by 2.5 pct in 2019

    Society

    surveyed spent more than 1,151 euro per month. In real terms, the average monthly expenditure increased... is 5.4 times higher than the share of the median equivalent consumption expenditure of the poorest

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  9. IMF sees GDP shrinking by 9.5 pct in 2020, warns about pace of fiscal consolidation
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    EconomyProgramme

    to collapse by 9.5 pct in 2020, marginally lower than the previous estimate of 10 pct. The rebound over... than the pre-Covid assumptions. The IMF notes that this broadly positive view on the ability

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  10. EU Council sidesteps sanctions, puts focus on constructive Greek-Turkish talks

    PoliticsGreek Politics

    for the reunification of Cyprus, rather than looking to punish Turkey through sanctions. Although the leaders’ statement... was perhaps more conciliatory towards Turkey than Athens would have liked. “The EU has a strategic

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