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EIB investment survey points to diminished investment appetite
EconomyFeaturesThe 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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GDP grows by 2.3 pct QoQ in Q3 and drops by 11.7 pct YoY as services exports crash
EconomyMacroeconomyanticipated. 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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Building permits increase 29 pct in September
EconomyMacroeconomyimplemented in Greece to contain the coronavirus pandemic, building activity has been resuming in recent... confidence has strengthened by 20.7 points.
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Greece maintaining investors' interest, EY survey finds
EconomyFeaturesA 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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Unemployment at 16.2 pct in Q3
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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ND under fire over fast-track legislation, pandemic contracts as SYRIZA sleaze claims surface
PoliticsGreek Politics, and the government’s apparent reluctance to publish it, has become a focus of political controversy in recent days... in the work of the financial regulator. Folli Follie has been under investigation since evidence of fraud
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New Democracy's 2021 agenda focusses on reforms, social support
PoliticsGreek Politicsgrowth through business-friendly reforms has been the signature element of the PM Kyriakos... of his government’s priorities, while the creation of a national primary care tier has been given
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CPI falls by 2.3 pct YoY in December
EconomyMacroeconomyfor December edged up by 0.4 percent compared to November. The CPI has remained consistently negative for the last nine months. The latest reading has surpassed the previous lowest reading of -2.2
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Building permits drop by 4.9 in October
EconomyMacroeconomypandemic, building activity has been resuming in recent months, although it is likely.... Compared to the same month last year, construction confidence has worsened by 19.8 points.
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Travel balance falls by 62.9 pct in November
EconomyMacroeconomyGreece’s travel balance came to 40.4 million euros in November from 108.8 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 62.9 percent year-on-year (YoY... of the border survey has fully resumed.
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