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Newsletter 245 -27/03/2020
. In addition to the emergency quantitative easing programme launched by the European Central Bank, a “corona
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Mitsotakis urges EU to act after European Council stalemate
PoliticsGreek Politicsto have earlier called for a so-called “corona-bond” to be issued to give governments the necessary
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economybacked over the last few days the idea of issuing a so-called corona-bond. However, this proposal met
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economy. It is clear, though, that the idea of a “corona-bond” in the form that some eurozone member states
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Amid lack of communication, overflights add to Greek-Turkish tension
PoliticsForeign Policyof a moratorium to be agreed during the corona crisis but it was soon revealed that the Turkish side did
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Athens welcomes volume, form of Commission's pandemic recovery plan
EconomyEU leaders that had publicly called for the issuing of “Corona-bond” to raise funds
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Tsipras launches attack on New Democracy as reactions to lockdown mount
PoliticsGreek Politicsin the coming week, among which is a partial write-off for so-called corona-debts incurred by small
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Labour compensation and productivity in the EU-27 and Greece
Agorain the 2010s. In 2020, during the Corona episode, hours worked in Greece in Q2 plummeted so
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Macroeconomic fundamentals for Greece
Agoragrowth rebound after the Corona pandemic. As Table 2 demonstrates, because of unusual shocks
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Central gov't cash deficit down to 1.14 bln in March
EconomyMacroeconomybasis. The remaining difference (277 million) is owed to changes in the state accounts with the BoG
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