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  1. More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
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    Economy

    scenario, the epidemic is contained within the second quarter of the year and economic growth slows... that the danger of growth coming in below 2 pct this year as opposed to the 2.8 pct set out in the budget is now... the end of the year and reducing the VAT rate for accommodation to 6 from 13 pct. SETE suggests

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  2. Government readies up to 2 bln in assistance for shuttered firms and employees
    Photo via www.government.gov.gr

    Economy

    restrictions will not apply for any eurozone member state this year. The finance minister would not be drawn on where the primary surplus will end up this year when questioned on Mega TV. It is still... that growth, which the government expected to reach 2.8 pct this year (higher than the European

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  3. More restrictions on way as Athens revels in ECB decision
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    PoliticsGreek Politics

    of 1,000 euros. The Tourism Ministry also announced on Thursday that all-year round hotels would... that Greece’s economy will take a huge hit this year as a result of the coronavirus. Finance Minister Christos Staikouras suggested on Wednesday that there might not be any growth this year, whereas

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  4. BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
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    Economy

    in the second half of the year. It is stressed that at this stage, the role of China in the global... coronavirus outbreak early this year, most organisations have revised their global and regional GDP... economic activity during the first half of the year. Private consumption will face a significant

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  5. E-commerce businesses report drop in sales due to Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    , and showed an improvement of 14.2 points year-on-year. Consumer confidence improved by 5.2 points... percent growth to zero growth this year.

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  6. Deposits rise by 1.06 bln in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    billion. In February last year, net deposit movement was negative by 788 million euros. A breakdown... period last year showed outflows of 2.34 billion, meaning outflows have reduced by 53 percent in the current two-month period versus last year. The latest aggregate balance is attributed to sight out

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  7. ND to unveil more economic support as coronavirus restrictions are extended
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    PoliticsGreek Politics

    that qualify for a tax discount, lower corporate tax to 20 pct from this year, favourable tax treatment... decline Greece will experience this year. It was reported over the weekend that the General Accounting Office (GAO) estimates that around 15 billion euros will be lost from Greek GDP this year. This means

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  8. Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
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    PoliticsGreek Politics

    this year, although this is dependant on there being a recovery later this year. For this reason... that Athens will ask for the programme to stretch until the end of the year. The economic challenges

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  9. Despite satisfaction with Covid-19 numbers, govt not eyeing let-up in restrictions
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    PoliticsGreek Politics

    this year. The government is insisting that it has no intention of lifting any of the current... rumours, which emerged over the weekend, that PM Mitsotakis might call snap elections later this year... this year. However, the prime minister will also be wary of antagonising Greeks after this difficult

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  10. Greece takes first round against Covid-19 but fight continues
    Photo by Natasha Pantazopoulou/Fosphotos

    Agora

    in the health system over a four-year period, of which 2,500 were slated to take place before year-end... delayed from the previous year and scheduled to be completed in May, in addition to 2,450 posts

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