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How Greece sleepwalked off a cliff in 2009, in black and white
Agoracrisis in its modern history, which took away a quarter of the economy and employment, a country should... compared to September 2008. Up to September, expenditure reached 54.16 billion euros, surpassing by far... the debt dynamics through higher servicing costs and with detrimental effects on the Greek economy
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Minimum wage increase set for end of January amid concerns about economic impact
Economygains made so far by Greek businesses and the Greek economy in general.” It went on to say... regulatory framework and to avert an increase in the informal economy.” The institutions have also advised... to take into account “the state of the economy and the situation in other countries.” Minimum wages have
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Institutions warn of fiscal target being missed, reforms slowing
EconomyProgramme, suspended or is unsuccessful. No action has been taken so far to address these issues.” The economy’s... the economy and the state would be required to reduce long-standing problems in the economy. Reform
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BoG notes economic progress, urges safeguarding of fiscal credibility
Economyof the positive developments in the Greek economy and the banking system. But it urged caution... for the banking system to support the transformation of the Greek economy and finance new activities... the fully loaded effect of the new IFRS 9 framework of booking bad assets. The BoG expects the economy
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Newsletter 218 -06/09/2019
government’s plans for expanding the economy. He is expected to announce further tax cuts, including... (IMF) view… is excessive and is putting undue pressure on the recovery of the Greek economy,” she... by 1.4 percent in 2019 and 1.6 percent in 2020. As the economy shows further signs of stabilising
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Newsletter 245 -27/03/2020
about the impact the virus is having on the Greek economy, the government insisted that it is taking... Greeks have so far responded to the call for volunteers to help the public health system...” headed by senior party members to monitor the situation in hospitals, the workplace and the economy
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Waiting for Eurogroup outcome, ND and SYRIZA focus on economic interventions
PoliticsGreek Politicson the government’s ever-evolving plans to prop up the Greek economy. Speaking on Skai TV on Sunday... of employment. Under the assumptions that the crisis will last until mid-June and the economy... as the early adoption of closures and the lockdown have so far helped limit the number of cases
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economywas the significant impact that Covid-19 will have globally, and specifically on the Greek economy, which... of the year and into 2021, which will see the economy growing by 5.1 pct in 2021. The agency notes... to drops in revenues and higher supportive spending. So far, the Greek authorities have committed 5 billion
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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicstheir employees to continue working from home where possible. In terms of the timeline for the economy... to the state’s relationship with its citizens – one which allows Greece to break from the past. “So far... politics. It is worth noting that there was little reference to the economy in Mitsotakis’s speech
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EC revises growth estimate upward to 4.1 pct this year, 6 pct in 2022
EconomyMacroeconomyestimates assume the relief measures that have so far cushioned the blow on the economy will not be cut.... The Commission sees the Greek economy growing by 4.1 this year and 6 pct in 2022, compared to 3.5 and 5... the economy in the first half of the year, the authorities adopted a series of tax reduction measures
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