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Govt and opposition stake out positions on pandemic impact measures
PoliticsGreek Politicsincome payment to almost 2 million qualifying households. The measure, which Tsipras described... includes a holiday voucher scheme covering up to 2.5 million people, 6 percent VAT on dining out (down
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Banks step up securitisation drive following pandemic interruption
EconomyBankingon the securitisation of the Phoenix portfolio worth 2 billion euros, with the senior notes in the region of 1... portfolio of NPEs, worth 6 billion euros, and expected to be completed early next year. According
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PM seeks fine balance as he prepares to unveil latest set of fiscal measures
PoliticsGreek Politicsdeficit that is expected to reach 6 pct of GDP this year. The budget will be based on the adverse scenario... and pushing to 2021 around 1.5 to 2 billion euros of deferred tax and social security payments
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatures. It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment..., followed by Turkish nationals who make up around 9 percent and Russian nationals with 6 percent
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Retail turnover drops by 3 pct in July for fifth straight negative reading
EconomyMacroeconomyby the European Commission showed that consumer confidence deteriorated by 6 points month-on-month and came... Retail trade fell by 2 points month-on-month to -20.3 points, and worsened by 47.1 points year-on-year.
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Newsletter 268 -09/10/2020
quarter of the year. Private consumption is seen dropping by 6 pct, investments by close to 11 pct... year came to a surplus of 2.78 billion euros. 2 Unemployment drops to 16.8 pct in July Number
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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
EconomyMacroeconomyto 2025 with a deficit of 1 to 15 pct of GDP. The primary deficit will reach 6 pct of GDP this year..., and aim towards a 2 pct of GDP primary deficit, instead of a balanced like the authorities aim.
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Surge in Covid-19 deaths as work on adjusted 2021 budget nears completion
PoliticsGreek Politicsat 6 pct. The budget is expected to include a support package of 4.5-5 billion euros for 2021, compared to the 2 billion euros previously envisioned. Aside from measures that have been announced
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Newsletter 275 -27/11/2020
was expected to fall by 6 pct, investments were seen down by 10.9 pct and exports lower by 24.8 pct. Public... amongst member states. 2 Oct budget primary at deficit of 9.07 bln Revised budget for 2021 reflected
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Greece maintaining investors' interest, EY survey finds
EconomyFeaturesas being the most promising. Regarding investment in Greece, 2 percent of investors named the country... Republic (5 percent), Poland and Sweden (6 percent). Commenting on the findings, Panagiotis Papazoglou
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