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  1. General govt primary cash surplus at 899 mln in January, arrears rise by 38 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros was seen taking the total to 249 million euros. In other revenue, a drop of 10 million euros... million) and state budget (-5 million). Tax refunds account for the lion’s share of​ arrears at 30.1

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  2. Greece braces for recession, hopes to bounce back from summer onwards
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    onwards, meaning that Greece’s most vital sector, tourism, would suffer a huge blow. Since March 10... sees the Greek recession at 5 pct but warns that it could reach as much as 15 pct in the adverse

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  3. Greece braces for deeper Covid-19 impact on economy, budget and public debt
    Photo by MacroPolis

    Economy

    a recession that will near 10 pct as tourism around the globe will come to a halt, trade routes... of the Finance Ministry budget by 5 billion euros. It is near certain that these support measures will need

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  4. Greece heads back to markets with 7-year bond in bid to boost own funds
    Photo by MacroPolis

    Economy

    Outlook cycle. Greece is seen as the wort affected advanced economy, with a contraction of 10 pct... short of 70 pct, followed by banks at 14 pct and hedge funds at a low 5 pct. The last market test

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  5. IMF expects difficult year for public finances, PBO highlights impact on labour force
    Photo by MacroPolis

    EconomyMacroeconomy

    The IMF released on Wednesday its Fiscal Monitor report, which compounded the grim picture for Greece on the budget front, after the forecast for a 10 pct in the World Economic Outlook... will rise by 5 percentage points and the drop of exports in the quarter is seen at 25 pct. The PBO has

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  6. S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
    Photo by MacroPolis

    Economy

    , investments and exports will be hit hard, particularly tourism, which stands for 10 pct of GDP..., which translates into a primary deficit of nearly 5 pct, the first one after four years

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  7. Poverty declined in 2018, births continued to lag behind deaths
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    been married for 10 or more years made up the majority of divorces at 68 percent. The majority... to 210,272 in 2018, recording a drop of 5 percent compared to 2017. Serious felonies rose by 2.2

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  8. Communication prices in Greece highest in EU27
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    . Of the 10 categories examined, Greece was the most expensive out of the EU 27 for communications, which... and alcoholic beverages and tobacco were 0.6 percent higher than the average. In 2018, food prices were 5

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  9. General govt primary cash deficit of 4.84 bln in May, arrears drop by 163 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    last year. In local governments, a rise of 10 million euros was seen, taking the total to 210 million... budget and local governments (-37 million each). Hospitals fell by a slight 5 million, and local

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  10. The EU decision excluding nuclear and fossil fuels from the Just Transition Fund

    Legal

    of €30 billion from an EU coronavirus recovery fund and €10 billion euros from the Commission’s budget... to the Multiannual Financial Framework and the European Union Recovery Instrument. Article 5

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