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  1. Greece braces for deeper Covid-19 impact on economy, budget and public debt
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    Economy

    into the cash reserves, that are a legacy of the programme exit back in the summer of 2018. The latest

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  2. Banks look for way forward as economic shutdown takes its toll
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyBanking

    when Greece’s lockdown will end. The latest report by the Moody’s Investor Service has warned

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  3. IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
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    EconomyMacroeconomy

    The IMF released on Tuesday its latest economic estimates in the context of the World Economic Outlook, which has incorporated the impact of what it calls The Great Lockdown that sees global GDP dropping by 3 pct in 2020, subject to various uncertainties. The Fund joins the list of organisations

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  4. Credit growth at 0.1 pct in March, positive for first time since 2011
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    EconomyMacroeconomy

    . The latest month’s reading took the balance to 66.19 billion. Credit to insurance corporations showed

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  5. Retail turnover increases by 4.7 pct in February, volume up by 3.5 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    in February fell by 1.6 percent compared to January, while volumes fell by 1.4 percent. The latest

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  6. Government extends pandemic support package amid opposition criticism
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    PoliticsGreek Politics

    already attracted controversy, and the latest development has prompted renewed calls for its withdrawal.

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  7. PMI crashed to 29.5 points in April during sharpest ever decline
    Image via www.titan.gr

    EconomyMacroeconomy

    Greece’s manufacturing PMI plummeted to 29.5 points in April from 42.5 points in March, according to the latest data from Markit PMI. The headline figure is the worst on record since Markit began its series 21 years ago. The report noted that the coronavirus outbreak had led to conditions under

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  8. Overall loan interest drops to series low of 4.06 pct in March
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    EconomyMacroeconomy

    The overall weighted average interest rate on all new loans to households and non-financial corporations fell by 24 percentage points to 4.06 percent in March from 4.30 percent in February, data from the Bank of Greece (BoG) showed on Wednesday. The latest reading represents a series low

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  9. Unemployment continued downward course in Feb, falling to 16.1 pct
    Photo by Gerasimos Domenikos/Fosphotos

    EconomyMacroeconomy

    Macedonia was the highest at 21 percent. The latest available data from the Labour Ministry’s Ergani

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  10. New tax debt at 1.67 bln to Feb, up by 1.04 bln month-on-month
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    of the year, another 834 million in taxes went unpaid, according to the latest data from the IAPR

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