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  1. EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed

    EconomyMacroeconomy

    GDP contracted by 1.6 pct quarter-on-quarter, reflecting some of the containment measures that were

    11%
  2. NBG results show net profits of 465 mln euros on strong income
    Photo by MacroPolis

    EconomyBanking

    percent QoQ) cost containment. On an annual reported basis, operating expenses dropped by 1.4 percent

    11%
  3. Seventh post-bailout review completed, lenders flag up state arrears and unpaid pensions

    EconomyProgramme

    commitments. The Commission gives credit to the authorities for the containment of the pandemic in the early

    11%
  4. Growing concerns over second lockdown in food service sector, a key employer
    Photo by Natasha Pantazopoulou/Fosphotos

    EconomyFeatures

    Greece’s catering sector is bracing for the impact of new measures to contain the virus and sounding the alarm that the industry cannot survive a second lockdown. The catering industry has been in decline across the year due to reduced demand. A wave of new containment measures were announced

    11%
  5. Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that securing liquidity came first, followed by cost containment (56 percent). This has led over

    11%
  6. Govt faces fresh pressure over Covid-19 decisions amid slow start to vaccination scheme
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of accusations that it got its Covid-19 containment strategy wrong over the autumn even though there have been

    11%
  7. EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021

    EconomyMacroeconomy

    the containment measures that are expected to weigh on Greece’s recovery and were not anticipated

    11%
  8. Newsletter 284 - 12/02/2021

    Newsletters

    revision of the growth estimates for 2021 reflect the containment measures that are expected to weigh

    11%
  9. In 9th post-bailout review, EC sees reforms slowing due to pandemic

    EconomyProgramme

    this year more subdued at 3.5 pct, noting that it took place before the recent containment measures

    11%
  10. Measures set for a comeback as Covid cases climb
    Photo by Natasha Pantazopoulou/Fosphotos

    PoliticsGreek Politics

    As the date approaches for the reopening of indoor dining and entertainment, the continuing surge in Covid-19 cases is widely expected to lead the government’s advisory committee to call for the reintroduction of some containment measures over the coming days. On Wednesday, Greece’s National Public

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