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  1. Greece issues new 10 yr bond as investor appetite returns
    Photo by MacroPolis

    Economy

    and similar levels to the one achieved in January. The issue attracted more than 215 accounts led... than 85 pct of the allocation, with fund managers taking up 59 pct, followed by banks at 21 pct

    3%
  2. OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    are expected to be less severe than the crisis period of 2009-2016. Specifically, the organisation noted... scenarios, unemployment is forecast as increasing further in 2021 rather than reducing, and reaching

    3%
  3. Building permits increase by 10.2 pct in March

    EconomyMacroeconomy

    the coronavirus take hold. Total permits for 2019 came to roughly 82 percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects

    3%
  4. EU report sees Greek population shrinking, ageing over next decades
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    of demographic change in Europe is that Europeans are living longer than ever before and are spending more years.... At the same time, Europeans are having fewer children than before. A fertility rate of 2.1 children per

    3%
  5. Unemployment drops to 16.2 pct in Q1, excluding furloughed workers
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    to be employed if the furlough period is less than three months or if they receive more than 50

    3%
  6. PMI rises to 49.4 points in June as manufacturing resumes
    Image via www.mytilineos.gr

    EconomyMacroeconomy

    , but this was at drastically lower rates than that seen at the start of the year. New export orders also fell marginally... charges to attract customers. "Despite being much weaker than earlier in 2020, business confidence

    3%
  7. More flights land at airports, but tourism expectations remain grounded
    Photo by MacroPolis

    PoliticsGreek Politics

    than 200 flights from abroad were due to land at Greek airports on Wednesday, boosting businesses... of the public administration and health care, where more than 60 pct of respondents have a positive

    3%
  8. Building permits fall by 22.4 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    . Total permits for 2019 came to roughly 82 percent lower than the 2005 peak. Much of the current building activity also concerns refurbishments rather than new building projects. The vast majority

    3%
  9. Court ruling on pension backpay creates dilemma for PM
    Photo by Panayiotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    more than the latest round of support measures announced by the PM for the flagging Greek economy... mostly been on generating greater revenues for the state rather than increasing expenditure

    3%
  10. EU deal appears promising for Greece, but success rides on efficient use of funds

    PoliticsGreek Politics

    euros, of which Greece could receive more than 70 billion. “Europe has risen to the occasion, and we... states. The entire package for Greece comes to around 70 billion euros, which represents more than

    3%