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

    EconomyMacroeconomy

    Greece’s Parliamentary Budget Office (PBO) issued its Q2 2020 report in which it takes stock of the state of the economy and the impact the pandemic, as well as the lockdown measures had on economic activity between April and June. The PBO notes that the annual drop of 15.2 pct that ELSTAT

    2%

  2. Industrial turnover drops by 16.2 pct in July as manufacturing slows
    Photo via Flickr https://flic.kr/p/3pyqsB

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 16.2 percent year-on-year (YoY) in July compared to a drop of 3.8 percent in June, Hellenic Statistical Authority (ELSTAT) data published on Friday showed. The latest reading is the sixth consecutive decline in seven months. The monthly performance was led

    2%

  3. Current account shows deficit of 874.5 mln in July as travel receipts disappoint
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account (C/A) balance posted a deficit of 874.5 million euros in July compared to a deficit of 1.42 billion euros in June, Bank of Greece (BoG) data showed on Monday. In the same period last year, the balance showed a surplus of 1.35 billion euros, meaning that the deficit has

    2%

  4. Travel balance falls by 85.1 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    methodology. For the period 16 March-30 June, extrapolation factors were estimated for main traveller

    2%

  5. Greek housing market at new juncture as Covid-19 shakes foundations
    Photo by MacroPolis

    EconomyFeatures

    . Over the period June 2018-May 2019, a study by the tourism industry association INSETE estimated

    2%

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

    Economy

    includes large volumes of Deferred Tax Credits. In mid-June, NPEs stood at 60 billion euros

    2%

  7. PMI rises to 50 points in September, signalling stabilisation
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    since June. Delivery times lengthened to the greatest extent in three months amid reports

    2%

  8. Public's disenchantment grows as ND struggles with Covid-19 challenge
    Photo by MacroPolis

    PoliticsGreek Politics

    of SYRIZA – 37.5 vs 20 pct. In the firm’s last survey, in June, the gap was slightly wider. Since

    2%

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

    PoliticsGreek Politics

    handled relations with Turkey, while 42 pct have a negative view. This is unchanged from June

    2%

  10. Landmark Golden Dawn verdict welcomed by parties, obscuring underlying divisions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    it had 18 MPs after gaining almost 7 percent of the vote in the June 2012 elections. From

    2%