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Greece gets EU show of support, emergency funds for migration
PoliticsGreek Politicscontinues to focus on the land border, disquiet on the islands facing the Turkish shore has... demanded of his guests. Despite the warm words from Brussels, the government has not been given carte
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Nearly half of all households still rely on pensions for income, survey shows
SocietyResearch from the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE) has shown that pensions financially support almost half of all households in Greece. The phenomenon also... of all households still report pensions as their main source of income. This figure has increased from
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Industrial production declines by 1.2 pct in January
EconomyMacroeconomyconfidence has risen by 5.7 points. Additionally, Markit’s PMI showed that Greece’s manufacturing PMI... is the highest that it has been since April 2019 and signalled a strengthening of the Greek manufacturing sector
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Unemployment reaches 16.8 pct in Q4
EconomyMacroeconomyhas declined by 1.9 percentage points (pps) from the Q4 2018 figure of 18.7 percent. The current... figure for long-term unemployed has remained below 600,000 for a fourth consecutive quarter. Part
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QE arrives for Greece
Agora, the advent of the coronavirus has triggered. The emerging reality around us beats our wildest..., this institutional impediment has dissolved in no time as the virus is spreading across Greece and Europe
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Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
Economydoes not intend to tap the cash buffer of more than 30 billion euros, which has been available to New Democracy since it came to power last year. The fact that the government has had to adjust several
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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Economyrecent forecast of 2.4 pct growth has become obsolete so quickly. BoG notes that any estimates... instability. The turbulence in global financial markets has a ripple effect on financing conditions
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Tourism industry braces for outcome of gloomy Covid-19 scenarios
EconomyFeaturesnoted. The Tourism Ministry currently has two scenarios for the fate of the industry this year.... The coronavirus’s impact on the tourism industry and subsequently on the economy as a whole has
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BoG highlights strong year for property in 2019 but warns of Covid-19 impact in 2020
EconomyFeaturesThe Bank of Greece (BoG) has made its first estimate of the impact of the coronavirus on the property market in Greece while outlining the positive year enjoyed by the sector in 2019. In the 2019... interest in this scheme has so far come from Chinese nationals, who represented over 70 percent
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A tax credit for Greece: The significance of an independent public revenue service
Agorathis goal has been traced in a new book authored by Argyris Passas, an associate professor at Panteion... he was the leader of the opposition) and his government has recently renewed the mandate
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