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Govt faces pushback from food service sector over re-opening rules
PoliticsGreek Politicswith the continued restrictions on their businesses by holding protests on Wednesday night in central... in a fire in central Athens 10 years ago during a protest against the first bailout of the debt crisis era. Mitsotakis has invited all political leaders to join him in the plaque’s unveiling in central
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Newsletter 251 -22/05/2020
Headline figure driven largely by revenue deterioration Greece’s central government primary cash.... Central government debt at 361.83 bln in Q1 Figure increases by 5.81 bln quarter-on-quarter The debt... of the total. Greece’s central government debt increased by 5.81 billion euros to 361.83 billion euros
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Flooding, Covid-19 threat in Athens dominate ND's agenda
PoliticsGreek Politics, such as the flooding in central Greece over the weekend and the resurgence of the coronavirus, making... was reported in the Peloponnese, Crete, parts of western Greece and particularly in central areas... of Thessaly in central Greece remained without power on Monday. Mitsotakis is due to visit Karditsa
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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
EconomyStournaras presented the central bank’s updated estimates regarding the impact of the pandemic... recession in its previous estimate, to 7.5 pct. This is in line with the European Central Bank’s... GDP assumptions as gross financing needs are kept below 15 pct of GDP. The central banker also
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Newsletter 281 -22/01/2021
in 2020 The cash balance last year came to a surplus of 5.56 billion Greece’s central government... permits rose by 13.1 percent In absolute terms, the highest number of permits was issued in central... and Thrace (-14.8 percent) and central Macedonia (-14.6 percent). The three largest rises were seen
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Building permits drop by 0.7 pct in December; rise 9.2 pct in 2020
EconomyMacroeconomy. The three largest drops were seen in the western Macedonia (-31.6 percent), central Macedonia (-23.4 percent) and the Ionian islands (-19.1 percent). The three biggest rises were seen in central Greece... in central Attica (432). The smallest number of absolute permits were issued in western Macedonia
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BoG sees growth of 4.2 pct this year but warns of multiple challenges ahead
Economy-term, some of which were brought to the fore again by the pandemic. Greece’s central bank also urges... the issue of quality of their capital structures. On the macroeconomic front, the central bank sees... their efforts to shed bad loans off their books. The central bank also highlights the progress
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Rising bond yields a concern, but not an immediate fiscal problem
Economyabout central banks exercising tighter monetary policy, further increased yields across the eurozone... and it has started to seem certain that central banks will raise interest rates. Following last week's... billion euros. Roughly 3 billion euros is privately held, 768 million euros is held by eurozone central
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Newsletter 363 - 16/12/2022
that is envisaged for 2023. In its meeting on Thursday, the eurozone central bank was explicit that “interest..., as the central bank wants to avoid the perception in the economy that inflation is here to stay. The central bank also had to revise upwards its inflation outlook. Eurozone inflation for 2023 is now
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PM inspects flood damage hoping to rescue stricken government
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis visited flood-stricken central Greece on Friday to survey..., if necessary. Some of the hopefuls have been visiting central Greece to offer their support to locals... that the locals she spoke to blamed the central government, as well as local authorities, for not doing
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