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  1. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s efforts to restart its vital tourism sector and capture revenues from the peak, which is usually between June and September, appear to be faltering according to the latest data. Greece began to ease out of lockdown in May, and culminated its efforts in the reopening of all airports from

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  2. Increase in Covid-19 cases prompts tighter measures amid opposition criticism
    Photo by MacroPolis

    PoliticsGreek Politics

    a three-week period with no detectable traces in May, suggesting that by June

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  3. Newsletter 258 -07/17/2020

    Newsletters

    between the court’s prior ruling in June 2015 and the so-called Katrougalos pension reform in May

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  4. Clash over refugees in central Athens prompts warnings of far-right resurgence
    Photo by Gerasimos Domenikos/Fosphotos

    PoliticsGreek Politics

    and prompted speculation that what remains of the far-right party may be seeking to benefit from

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  5. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    with liquidity. The Hercules scheme launched by the government was operational before the pandemic, but it may

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  6. Deposits rise by 448 mln in June

    EconomyMacroeconomy

    Net deposit movements in the Greek banking system were positive by 448 million euros in June, declining from inflows of 1.71 billion in May, Bank of Greece (BoG) figures revealed on Monday. The outstanding balance of private sector deposits increased to 148.55 billion euros, reflecting savings

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  7. Govt offers pensioners 1.4 bln in backpay, opposition questions decision
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    place in 2012 and for the 11-month period between June 2015 and May 2016. The payment will be made over

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  8. Trade deficit falls by 10.3 pct in June
    Photo via Flickr https://flic.kr/p/oDf3bQ

    EconomyMacroeconomy

    Greece’s trade deficit fell by 10.3 percent year-on-year (YoY) in June compared to a drop of 47.7 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Friday showed. The deficit came to 1.41 billion euros for the month. Imports totalled 3.96 billion euros, showing

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  9. Decline in car sales continues with 14 pct YoY fall during July
    Photo by MacroPolis

    EconomyMacroeconomy

    Road motor vehicles going into circulation for the first time dropped by 14 percent year-on-year in July, following a 24.7 percent drop in June and a sharp decline of 49.1 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday. In July 2019, there was a 25.3 percent year

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  10. Govt scrambles to prevent Covid-19 spreading further as holidaymakers return to cities
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    the end of the lockdown in May, particularly in terms of opening Greece’s borders without enough health

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