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Newsletter 245 -27/03/2020
Staikouras, admitted that Greece is on course for an economic contraction of 1 to 3 pct this year due
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturespurchases by foreign investors was over 1 billion euros in 2019 for a second consecutive year and displayed
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Trade deficit up by 7.8 pct in February
EconomyMacroeconomyby geography showed that imports from non-EU countries fell by 1 percent. Those from EU countries rose by 3.4
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Coronavirus outbreaks highlight limited progress in disbanding hotspots for migrants
PoliticsGreek Politicsto businesses. Among the measures put forward are 1 billion euros to allow the national health
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Industrial production falls by 3.4 percent in February
EconomyMacroeconomyGreeceās Industrial Production Index (IPI) fell by 3.4 percent year-on-year (YoY) in February compared to a revised decrease of 1 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. The headline figure is the fifth consecutive negative reading in as many months
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomyrose by 24.6 percent YoY. Travel payments came to 166.7 million, up by 1 percent. Total exports
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Coronavirus to delay much of privatisation plan
EconomyFeatures-euro project is worth 1 billion euros on its own. The CoS ruling will be key to deciding whether
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Govt faces pushback from food service sector over re-opening rules
PoliticsGreek Politicsrules in place, on June 1. For the time being, they can only serve take-away customers. The protest
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ND hopes economy will pick up as second stage of lockdown easing begins
PoliticsGreek Politicsthe ESM is ready to grant loans from June 1, the chances of Greece tapping the credit line at this stage
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Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown
PoliticsGreek Politicsearlier than the scheduled date of June 1, in order give an outlet to the crowds congregating in public
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