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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomy, combined with increased spending to support the economy will tend to push Greeceās debt to levels
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Snap election scenarios circulate as ND's pandemic response fuels surge in polls
PoliticsGreek PoliticsA number of developments linked to the coronavirus crisis have led to speculation in the Greek media about the possibility of a snap election in the summer or early autumn. Record-high approval ratings enjoyed by New Democracy for its handling of the pandemic combined with dire predictions
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomy. An improvement was noted in the secondary income account but was not enough to offset the combined
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Govt trails transition out of lockdown as training vouchers stir controversy
PoliticsGreek Politicsin combined payments to the training providers and the claimants, was initially intended to use money
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Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
PoliticsGreek Politicswould receive a combined 11 million euros to run adverts and spots informing Greeks about the disease
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Deposits rise by 2.85 bln in March
EconomyMacroeconomyinflows of 1.81 billion combined with savings inflows of 1.87 billion, which offset time outflows of 1.93
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PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
EconomyMacroeconomyguarantees. This amounts to 5.35 pct of GDP. Combined with the baseline scenario recession of 4.7
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Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
EconomyProgrammeinclude the new insolvency code. Progressing the mid-2020 commitments, combined with follow-up
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingbillion euros combined in hospitality and real estate out of a total of 29.6 billion in loans for 2019
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Deposits rise by 1.43 bln in April
EconomyMacroeconomybillion combined with savings inflows of 3.45 billion, which offset time outflows of 2.24 million
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