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Current account shows deficit of 1.42 bln in June, driven by slashed tourism revenues
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 1.42 billion euros in June compared to a deficit of 913.9 million euros in May, Bank of Greece (BoG) data showed on Thursday. In the same period last year, the balance showed a surplus of 805.3 million euros, meaning that the deficit has
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Retail sector struggles through pandemic
EconomyFeaturesAlthough it has been several months since the lockdown in Greece ended, the retail sector continues to bear the impact of the coronavirus pandemic. The latest figures from the Hellenic Statistical Authority (ELSTAT) showed that in May, retail turnover fell by 5.3 percent while volume fell by 5.8
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Budget primary deficit of 7.46 bln confirmed for July as revenues sag
EconomyMacroeconomyeuros (49 million euros for May 2020, 106 million euros for June 2020 and 8 million euros for July
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Insolvency code, 'second chance' for debtors unveiled as ND eyes social impact of crisis
PoliticsGreek Politicsthe social effects of the pandemic may take some time to appear as the impact of the recession
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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek Politicslikely relief measures announce by Mitsotakis, although these interventions may have to be temporary
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Fire at archaeological site puts govt's crisis handling under scrutiny
PoliticsGreek Politicsof the pandemic. The instinct to deny may be proven correct by the facts in this instance; however
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Data shows export market shake-up amid pandemic
EconomyFeatures, for the benefit of all citizens.” In May, the Greek Parliament Budget (PBO) issued its first quarterly report
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Newsletter 262 -04/09/2020
percent in June following a revised drop of 4.6 percent in May, Hellenic Statistical Authority
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Property e-auctions resume after pandemic hiatus as banks focus on NPLs
EconomyBankingtook place in April and May, while in June only three auctions were completed. Fifty two auctions were
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Parties debate pandemic response as public approval deteriorates
PoliticsGreek Politics, and magnifying doubt or dissent to score political points. While scrutiny may improve over the next
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