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Govt holds off on new Covid-19 measures as public reacts to GD ruling
PoliticsGreek Politicsthe current midnight closing time. New Democracy has been under pressure recently from the food service.... They have an average age of 68. The total number of deaths related to Covid-19 has risen to 430
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Building permits rise by 12 pct in July as construction picks up
EconomyMacroeconomy, building activity has been resuming in recent months. The latest confidence indicator... points to -52.1 points. Compared to the same month last year, construction confidence has increased
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Conclusion of Golden Dawn trial unlikely to usher in greater political unity
PoliticsGreek Politicsbut has been referenced recently by left-leaning media seeking to counter the allegations of collusion... from 16 far-right groups as Golden Dawn has faded from prominence. They are mostly concentrated
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IMF sees big dip of 9.5 pct for GDP in 2020 before mild recovery of 4.1 pct next year
EconomyMacroeconomyThe International Monetary Fund has issued its updated macroeconomic forecasts for Greece within the framework of the World Economic Outlook and the Fiscal Monitor released within as part of the IMF... not anticipate the third quarter, which has traditionally been Greece’s strongest thanks to tourism
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Latest market foray for 15-yr bond attracts strong investor interest with record low yield
EconomyBankingWednesday’s transaction, Greece has now issued 12 billion euros of bonds in 2020, which has covered
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Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
EconomyMacroeconomyGreece’s travel balance came to 1.32 billion euros in August from 3.87 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 65.9 percent year-on-year (YoY...-crossing point. BoG said that as of July 2020, conduct of the border survey has fully resumed.
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Retail turnover drops by 1.4 pct in August for sixth continuous decline, volume drops by 1 pct
EconomyMacroeconomy-on-month and came to -45.5 in October. Compared to the same month last year, consumer confidence has dropped by 37.1 points. Consumer confidence has declined for four consecutive months now. Retail trade
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All eyes on Piraeus as share price tumbles amid coupon payment concerns
EconomyBankingdividends. However, Piraeus Bank has already missed one payment and failing to do so again... on the ability or not of Piraeus Bank to pay the CoCos coupon. The bank has set aside 165 million
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Govt toughens stance on campus security after university raid
PoliticsGreek PoliticsA photo of the dean of one of Greece’s top universities being humiliated by a group of self-styled anti-establishment protesters has caused outrage in the academic community and resulted in calls... Golden Dawn party. “After the punishment of Golden Dawn, the time has come to face up to the other
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Building permits drops by 3.3 pct in Aug, up by 13.7 pct in 8-month period
EconomyMacroeconomypandemic, building activity has been resuming in recent months, although it is likely that the second... points. Compared to the same month last year, construction confidence has increased by 3.8 points.
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