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  1. Greece among hardest hit in Covid-related drop for European arrivals
    Photo by MacroPolis

    EconomyFeatures

    The European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68... throughout Europe regarding travel restrictions and quarantine measures has faced criticism from

    2%

  2. Govt focusses on post-lockdown management amid persistently high Covid numbers
    Photo via https://flic.kr/p/p4AQQh

    PoliticsGreek Politics

    as educators. Meanwhile, there has been speculation in the media around the timing and manner...). Health Minister Vassilis Kikilias, who has taken a more prominent role in fronting pandemic

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  3. Travel balance falls by 70.9 pct in September as 12.6 bln in receipts vanish in aggregate
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece’s travel balance came to 776.5 million euros in September from 2.67 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 70.9 percent year-on-year (YoY... that as of July 2020, conduct of the border survey has fully resumed.

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  4. OECD sees heavy hit from pandemic, gradual recovery in 2021 picking up pace in 2022
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    Economy

    The OECD has released its latest economic outlook showing that Greece is unlikely to escape a significant economic downturn due to the second wave of the virus. In line with the Ministry of FInance’s.... Domestic demand also remained weak, which hit job creation. The government has rolled out a wide

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  5. Podcast - Covid-19 takes another bite out of the Greek economy

    Agora

    Over the last few weeks, Greece has not just seen more worrying data on the Covid-19 front, but the forecasts for its economy have also been worsening. Nick Malkoutzis and Phoebe Fronista discuss.... They hear from a tour operator and hotel owner, who explains why 2020 has been a disaster. MacroPolis co

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  6. EIB investment survey points to diminished investment appetite
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    The European Investment Bank has released its annual investment survey, showing that for the first time since the survey started five years ago, investment sentiment has largely turned negative across the European Union. Regarding the landscape in Greece, the pandemic’s effects have led to a muted

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  7. GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    anticipated. For next year, growth has been trimmed significantly, now coming short of 5 pct, at 4.8 percent..., followed by growth of 5.5 percent in 2021 and 4.5 percent in 2022. The OECD has predicted that GDP

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  8. Building permits increase 29 pct in September
    Photo by MacroPolis

    EconomyMacroeconomy

    implemented in Greece to contain the coronavirus pandemic, building activity has been resuming in recent... confidence has strengthened by 20.7 points.

    2%

  9. Greece maintaining investors' interest, EY survey finds

    EconomyFeatures

    A survey by Ernst & Young (EY), following up from their Attractiveness Survey Europe 2020 earlier in the year, has found that investment interest in Greece for the post-pandemic period remains steady... of executives who expect a net reduction in their investment has been reduced to 42 percent from 66 percent

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  10. Unemployment at 16.2 pct in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    (ELSTAT) figures showed on Thursday. The jobless rate has declined by 0.2 percentage points (pps) from... percent, while the share of persons with temporary jobs is 7.2 percent. Part-time employment has decreased

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