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Unemployment edges upward to 15.5 pct in April
EconomyMacroeconomythe peak of 1.35 million unemployed in September 2013, unemployment has declined by 47 percent... percent. A rise of 0.9 pps was seen in those aged 15-24 years. This age group also has the highest overall... dependency on the tourism industry which has been badly disrupted by the coronavirus pandemic
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Summer season looks under threat as revenues fail to materialise
EconomyMacroeconomy(AIA), the number of international passengers arriving has also fallen dramatically. According... time, concern has been growing over the number of imported coronavirus cases that Greece’s trickle..., confirming that there has been a steady increase in numbers this month compared to June. Thirty
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Development model questioned again amid reaction to luxury resort go-ahead
PoliticsGreek Politicsprogramme has ignited tension between the government and the local community. Meanwhile, questions... attempted to approach the location and was blocked by police. The project has divided the local inhabitants... in tourism on the island which they claim has led historically to an overdependence of the local economy
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OECD advocates closer look at health and capital quality of Greek banks
EconomyBankingby 34 pct in the 2017-2019 period, however the ratio has only modestly dropped from 49 pct to 41... with troubled balance sheets. Regulatory policies and corporate governance: In the case of Greece, this has... has taken the form of sales of bad loans in the volume of 17.4 billion and handing over 30 billion
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Officials order wider use of masks as upward trend for Covid-19 cases continues
PoliticsGreek Politicsseems to be multiplying in urban areas. Athens has 145 active cases, with 36 of those being treated... the extra level of vigilance being demanded by authorities, the government has again come in for criticism... meeting. It has been suggested that this would allow any new members of the cabinet time to bed
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PM forms panel to come up with strategy for use of EU recovery funds
PoliticsGreek PoliticsKyriakos Mitsotakis has announced the formation of a government committee to work on Greece’s... of the national plans is October 15. Athens has access to up to 38 billion euros from the Multiannual... has identified these funds as being vital not only to cushioning the impact from the coronavirus
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Authorities turn focus back to Covid-19 compliance as latest numbers trigger concern
PoliticsGreek PoliticsGreece’s public health strategy earlier in the year, but who has been mostly in the background over... to convey the seriousness of the situation. Mitsotakis has decided that these calls will take place three... some time to discuss the details of the new bankruptcy code that Athens has committed to adopting
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Unemployment rate jumps to 17 pct in May
EconomyMacroeconomythe peak of 1.35 million unemployed in September 2013, unemployment has declined by 43.3 percent.... A rise of 5.3 pps was seen in those aged 15-24 years. This age group also has the highest overall... on the tourism industry which has been badly disrupted by the coronavirus pandemic. ELSTAT noted
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Episode 9 - Greek economy toiling under pandemic pressure
Agorathe Greek economy is coping with Covid-19. Our producer, Phoebe Fronista, has been speaking to Constantinos..., to find out if tourism has provided Greece with a lifeline or whether the macroeconomic picture..., The Agora, which has been a forum for discussing all kinds of issues over a number of years. We’ll
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Deadly floods raise questions about ND's civil protection pledges as Covid-19 accelerates
PoliticsGreek PoliticsAs it scrambles to deal with the rising number of Covid-19 cases, the government has come under... and accountability. These have been common themes throughout the years, regardless of the party that has... with 54. It should be noted that the number of patients who have been intubated has risen to 22
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