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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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BoG warns pandemic will leave trail of bad loans, hastening need for new tools
EconomyBankingthe benefits in asset quality that will arise from the first round of the Hercules APS, which has... ratio will stand at 25 pct, against a 2.9 pct eurozone average. Greece’s central bank has grabbed
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Fitch keeps Greece at 'BB' rating as risks remain on horizon
Economy’s upgrade in January before the pandemic, S&P has not taken any rating action since the end of 2019... years. Inclusion of Greece in the asset purchase programme of the ECB, PEPP, has helped contain
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Greece - On the importance of productivity growth
Agoraincome. Instead, politicians care about the importance of the influence an economy’s size has... of the previous decade suggests that this time the downturn will be much shorter lived. This interlinkage has
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Govt's management of Covid-19 response challenged again after latest measures, PM’s trip
PoliticsGreek PoliticsThe image of competence and sensible management of the coronavirus crisis which the Greek government has been trying to project since the early days of the crisis took a major hit over the past few..., surpassing 1,000 on most days, meant that the health system has come under renewed strain
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EC sees big drop for economy in 2020, expects milder recovery of 3.5 pct in 2021
EconomyMacroeconomyand the fiscal fronts, the Finance Ministry has accepted that revisions will be required to capture the extended and tough lockdowns, as well as the ever-rising support bill that has taken up in the first
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