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Draft budget sees EU funds fuelling recovery of 7.5 pct in 2021, after 8.2 contraction this year
EconomyMacroeconomy) will be a key driver for growth, adding 2 pct of GDP growth, from the 5.5 billion euros of inflows.... The total cost is 24.16 billion euros, 21.47 billion of which is allocated to 2020. The actual cash impact... euros of 2020. The total deficit will come to 6.92 billion, from 14.7 billion in 2020, and come to 3.7
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New bid to curb Covid-19 raises demand for more economic support
PoliticsGreek Politicsexperts predict that the daily total could reach more than 3,000 next week. The pressure... and TEPIX II. In the draft budget, the Finance Ministry puts the total fiscal impact of the support... next year. Greece is in line to receive up to 32 billion euros in grants and loans, with up to 5.5
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Newsletter 279 - 05/03/2021
Covid-19 cases – the highest daily total so far this year – while seven hospitals in Athens ran out... from 1,673 in mid-February to over 2,100, while 90 Covid ICU beds have been added bringing the total... of 5.5 percent. 2 PMI dips to 49.4 points in February Cost burdens pile up Greece’s manufacturing PMI
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Unemployment at 15.9 pct in February
EconomyMacroeconomyto January and increased by 181,586 people year-on-year (+5.5 percent). The total inactive... employed decreased by 188,706, a drop of 4.8 percent. Total employment was 3.71 million people. ELSTAT
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Building activity recovery continues in Aug, up by 29 pct in 2021
EconomyMacroeconomyAuthority (ELSTAT) data released on Friday. The total number of permits came to 1,468, from 1,303... permits rose by 29.1 percent. Total permits in the aggregate period stood at 15,366. Surface area... by 5.5 points, staying positive at 6.8 points, with a remarkable recovery of 50.8 points since January.
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Implementation snags hang over ambitious post-Covid recovery plans
PoliticsGreek Politics. The latest additions bring the total of projects in Greece 2.0 to 230 and a total of 10.2 billion euros... on to 12.5 pct, while far-right Greek solution overtook KKE to poll fourth with 5.5 pct compared
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Reopening of 10-year bond issued in Jan sees yield double to 3.67 pct
Economyaccepted the total amount auctioned of half a billion euros. This is the second such cautious move... and was oversubscribed 4.5 times with the yield settling at 3.56 pct. The PDMA had accepted a total of 400..., the PDMA has drawn from bond issues close to 5.5 billion euros, which is roughly half of the 12-billion
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Finance Ministry costs new support package, but questions remain over electricity subsidies
Economybillion euros, out of the total 13.2 billion euros energy support package. This was split between 4.1 billion euros for households and 6.5 billion euros for firms. The total 5.5 billion euros package
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Q2 unemployment drops to 12.4 pct, reflecting seasonality in job market
EconomyMacroeconomyof 15.8 percent. A total of 591,573 were registered as unemployed in Q2, decreasing by 8.6 percent... of long-term unemployed (more than 1 year) came to 370,400 people, representing 62.6 percent of the total...-employed with employees dropping by 5.5 percent, self-employed without dropped by 1.3 percent, while
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Tsipras hits back with own economic pledges, choice for voters to ponder
PoliticsGreek PoliticsDemocracy leader set out 5.5 billion euros worth of immediate and longer-term interventions, mainly aimed... RRF money to SMEs via the Hellenic Development Bank and preventing the total privatisation.... The arithmetic involved means that the winning party, or coalition, would need a total of around 44
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