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  1. PM in search of recovery fund boost as parties clash over latest Novartis episode

    PoliticsGreek Politics

    , has been charged with abuse of power and breach of duty, among other things. The government argues... already spent or pledged around 20 billion euros in fiscal measures to support struggling local

    2%

  2. Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
    Photo by MacroPolis

    Economy

    is confirmation of the new reality for Greece, which has thrown it completely off course that was set..., the total deficit is seen at 7.8 pct of GDP, on the back of 6 pct of GDP fiscal measures to prop up

    2%

  3. Alpha Bank posts net profits of 98 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    sales including some granular sales. In Cyprus and south east Europe, the bank has entered into sale... borrowing allowance. Collateral easing measures implemented by the ECB enabled the bank to reduce

    2%

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

    EconomyMacroeconomy

    last year, construction confidence has increased by 11.4 points.... in Greece was heavily impacted by lockdown measures implemented from March to contain the coronavirus

    2%

  5. Tourism boosted GDP by up to 33 pct in 2019, but low arrivals in 2020 could see economy shrink by 10 pct

    EconomyFeatures

    to the coronavirus pandemic, tourism in Greece has suffered a heavy blow with reduced revenues and reluctance... percent in GDP in 2020. Some of this decline is expected to be mitigated by the host of measures

    2%

  6. Newsletter 268 -09/10/2020

    Newsletters

    by an expert committee following recommendations from the Council of Europe, and that ND has already made... front, which was formed due to the various support measures that the authorities had to undertake

    2%

  7. Revised GDP data shows 1.9 pct growth in 2019, taking 2017-2019 upward streak to nearly 5 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    and the first half of the year is already shy of 8 pct. Although in the draft budget the Finance Ministry has... of the various restrictive measures either general in spring or local since the second wave hit

    2%

  8. Exporters focus on new markets to weather pandemic
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    for Greek exports has experienced a shake up during the first nine months of the year, while exporters..., is causing concern among exports. Exporters are facing barriers to trade due to lockdown measures

    2%

  9. Greeks see corruption as rife, going unpunished in new survey

    Society

    A survey by polling company Public Issue has delved into the attitudes of Greeks towards corruption and found a pessimistic outlook. The poll was carried out between 19 to 21 November this year... severe than necessary (79 percent). When asked about effective measures to combat corruption, 93

    2%

  10. Pandemic drove 28.4 bln of bank loans into moratorium last year
    By Panayotis Tzamaros/Fosphotos

    Economy

    – the deadline – with approval granted to 74,420 by the end of December. The government has also... to suspend operations due to the lockdown measures in place. The picture is little changed from

    2%