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  1. Moody's upgrades Greece to 'Ba3' on back of reforms, warns of tricky period ahead
    Photo by Pavlos Svoronos/Fosphotos

    Economy

    ’ from ‘B1’, while it kept the outlook stable. Moody’s, which has its own rating scale, had... the challenges in absorbing EU funding, given Greece has failed in delivering on public investment funds and private investment has been weak. Moody’s anticipates Greek debt exceeding 200 pct of GDP, before

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  2. Bridge scheme activated as banks look to avoid second-wave NPL increase
    Photo by MacroPolis

    EconomyBanking

    eligible individuals, has been activated as part of a number of mechanisms to relieve pressure... to extend payment moratoria has been put forward to the SSM, though reports in the Greek media have... since the start of the pandemic. Up to the end of October, doValue Greece has settled 43,000 loans

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  3. It's the hope that kills you
    Athens Airport metro

    Agora

    The ski resort of Ischgl in Austria has been linked with thousands of infections around Europe... and March due to winter skiing holidays and school half terms has been recognised as one..., and that the task of creating a full picture regarding the numbers has been taken up by a few individuals

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  4. Revised 2021 budget sees bigger contraction, slower recovery and support of 31.4 bln euros
    Photo by MacroPolis

    EconomyMacroeconomy

    rising by 1.7 pct. For next year, growth has been trimmed significantly, now coming short of 5 pct... On the fiscal front, the combined package to support the economy from the impact of pandemic has increased... million; and the subsidy of mortgage payments for the Bridge programme, which has a 280 million euros

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  5. Athens displeased with EU Council outcome, faces pressure for talks with Turkey

    PoliticsForeign Policy

    though President Recep Tayyip Erdogan has been responsible for Berlin’s inability to constructively mediate in the Greek-Turkish crisis, which aimed to de-escalate tensions in the East Med. This has... Customs Union even though the European Commission has a special report on this issue. In the case

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  6. Parties clash ahead of budget vote, govt looks to ease holiday lockdown for churches

    PoliticsGreek Politics

    , the government has tried to deflect criticism from SYRIZA by painting them as an irresponsible... in government – a position which has found some resonance among other opposition parties. In Tuesday’s debate... to a lesser degree compared to other groups. Church The government, meanwhile, has been forced to back

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  7. Budget passed as govt pins hopes on vaccine rollout to get economy on track
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    argued that although the EU has not adopted sanctions against Ankara, pressure on Greece’s neighbour...) and stressed that “a threat will linger” until 60 pct of the population has received the vaccine. Health... they can be stored in normal fridges for up to a few hours. The government has also been making it clear

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  8. Attention turns to economic activity, support measures as Covid-19 vaccine rollout begins
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    of more vulnerable groups, has generated some criticism, public figures have insisted... to continue being careful until the pandemic has subsided. Naturally, much of the public discussion... and “click and collect” purchases for the time being. It has been suggested that ministers will assess

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  9. Structural considerations for a prosperous Greece

    Agora

    Covid is a shock to the Greek economy. The economic impact of the coronavirus pandemic has... has higher fertility rates than other euro zone countries). Further afield, Africa is the world’s.... Further, Greece has good average working hours per person employed, but it is behind in labor market

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  10. Health service in spotlight as govt scrabbles for more measures to contain Covid

    PoliticsGreek Politics

    cases – the highest daily total so far this year. The number of intubated patients has shot up... of deaths rose by 23 to 6,557. As has been the case for the last few weeks, around half of the daily...-compliant public, New Democracy has also left itself open to repeated criticism, including its mixed

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