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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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Greece extends territorial waters in Ionian, hopes for deal with Albania
PoliticsForeign Policycoexistence.” Dendias has also underlined that this threat does not only stand against Greece but also... between Athens and Tirana has already provoked serious reactions to some opposition parties
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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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