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  1. Amid virus gloom, govt lines up support for catering and targets swift upturn
    Photo by MacroPolis

    PoliticsGreek Politics

    in working capital in the form of grants. The main eligibility condition is a 30% drop in revenues

    2%
  2. IMF expects modest recovery, lingering debt but primary surplus to return swiftly
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyMacroeconomy

    broadly stable at 16.6 pct this year, from 16.4 pct in 2020. A modest drop is expected in 2022

    2%
  3. Industrial production up by 4.4% in February

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Friday. Month-on-month (MoM), the index increased by 2.5 percent after a drop of 2.9 percent

    2%
  4. Building permits increase by 6.4 pct in January
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Building permits increased by 6.4 percent year-on-year (YoY) in January after a drop of 0.7 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Monday showed. The total number of permits came to 1,453. The corresponding surface area increased by 4.9 percent while

    2%
  5. Newsletter 293 - 16/04/2021

    Newsletters

    increased by 6.4 percent year-on-year (YoY) in January after a drop of 0.7 percent seen in December

    2%
  6. Covid recession bumped pension spending to 18 pct of GDP in 2020
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    . Following the pandemic-induced bump, pension spending is expected to drop to 13.8 percent of GDP

    2%
  7. Trade deficit rises by 27.1 pct in March as imports surge
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit rose by 27.1 percent year-on-year (YoY) in March compared to a drop of 33.2 percent in February, data from the Hellenic Statistical Authority (ELSTAT) released on Monday showed. The deficit came to 2.09 billion euros for the month. Imports totalled 5.43 billion euros, showing

    2%
  8. New tax debt at 2.31 bln March, rising by 685 mln month-on-month

    EconomyMacroeconomy

    , this represents a drop of 178 million euros. An additional 7.46 billion euros stemmed from bankrupt companies

    2%
  9. CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    for the last 13 months, with December’s 2.3 percent drop surpassing the previous lowest reading of -2.2

    2%
  10. Industrial turnover jumps 18.6 pct in March vs last year's lockdown
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece’s industrial turnover increased 18.6 percent from a year earlier in March, compared with a revised drop of 2.6 percent in February. The reading ends a run of 13 straight declines, and marks a rebound from the depressed levels of the first lockdown in March 2020, according to the latest

    2%