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GDP falls by 14 pct QoQ in Q2 and by 15.2 pct YoY to reach historic low
EconomyMacroeconomyGreece’s seasonally adjusted (SA) GDP fell by 14 percent quarter-on-quarter (QoQ) in the second... of the second Covid-19 wave and the overall performance of the tourism sector. The IMF anticipates a decline... predicted that GDP will fall by up to 9.8 percent in 2021 based on the possibility of a second
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Newsletter 269 -16/10/2020
and the groups second in command, Christos Pappas. Former MP and current MEP Yiannis Lagos was also given... economy contracted by 15.2 pct year-on-year in the second quarter and is just short of 8 pct lower... being a major drag that could push third quarter GDP even deeper than the second quarter drop
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Opposition parties attack government narrative on pandemic handling
PoliticsGreek Politicsof the urgent challenges emerging with the second wave. The government’s narrative of careful..., Mitsotakis denied that the decision to open the borders to tourism was the cause of the second wave... errors of judgement and delays along the way, he claimed that a second lockdown was “inevitable
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Greece among hardest hit in Covid-related drop for European arrivals
EconomyFeaturesThe European Travel Commission (ETC) has examined tourism trends in the light of the second... and that this continues to be a problem as the second wave hits. “The disparity of approaches adopted.... The decline in Dutch visitors was the second sharpest for Greece with Montenegro again showing
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Greece bolsters ties with UAE, building on opposition to Turkish actions
PoliticsForeign Policy, this week in what was his second trip to the UAE in 2020 after an earlier one in March. A lot has happened since then that has dictated the need for a second official visit of the Greek premier to the UAE... by Mitsotakis, who was accompanied by several ministers on his second trip: Foreign Minister Nikos
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Newsletter 274 -20/11/2020
to climb as the country grapples with the second wave of the pandemic. On Thursday, the total death... at heart, by trying to ensure a protest-free anniversary amid Greece’s second lockdown. The leftist... Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found
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Retail sector re-opens as govt examines further support for businesses
PoliticsGreek Politicsfor businesses that will be rolled out in three stages: One up to April, the second until the end of the year..., stabilisation in the second quarter and strong growth in the second half of the year. The first phase..., deferral of obligations and staff furloughs. The second phase includes facilitations in dealing
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Govt concerned by virus mutations, encouraged by increase in vaccination rate
PoliticsGreek Politicsbarely started vaccinations. Second, it encourages countries to cut corners, thus risking a break... of competence and efficiency – as occurred with the shaky handling of the second pandemic wave in November... for Greeks would result in anything other than a resounding victory for ND. For the second time in a few
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Under scrutiny, government defends vaccine strategy
PoliticsGreek Politicsbeen conducted by May 11. Out of those who took them, 109,885 people came forward for a second test... is following a process which means that the first dose is only administered if the second has been secured. He.... He also rejected the claim that tourism contributed to the second wave of Covid-19 in Greece, arguing
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The case of SYRIZA's fiscal performance
Agora, and Varoufakis was replaced by Euclid Tsakalotos as the new finance minister. But then, the second SYRIZA..., if one ascribes to the benefits of such a cautious fiscal rule, then the second SYRIZA government... of the economy. When labor governments got a second turn at governing in the 1990s, many had changed
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