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  1. Most businesses think two years needed to overcome Covid-19, expect more govt assistance
    Photo by MacroPolis

    EconomyFeatures

    Naftemporiki newspaper in collaboration with polling company Rass and Forum2020.gr has released a study illustrating the thoughts of businesses about the economic impact of the coronavirus pandemic... of the pandemic on the country’s economy, 74.4 percent of respondents believed that it has been severe

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  2. BoG stresses more work needed on NPE reduction, pushes bad bank idea
    Photo via http://www.delphiforum.gr/

    EconomyBanking

    of 2018 stock of 81.8 billion. From its peak in March 2016, NPE stock has dropped by more than a third... assets. The central bank argues that its proposal has several merits, as it leverages the existing

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  3. Hoteliers staring at big drop in turnover as liquidity calls grow
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    EconomyFeatures

    The Hellenic Chamber of Hotels (HCH) has released its latest survey regarding the impact of the coronavirus pandemic on the country’s hotel industry, which shows that the hotel market has shown little sign of recovery as the summer begins. A total of 1,941 hotels were surveyed, representing 19.4

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  4. Tourism numbers continue to worsen as worries grow over second Covid-19 wave
    Photo by MacroPolis

    EconomyFeatures

    of August. The example of Spain has also worried observers. The country is currently experiencing..., after which authorities appeared to have brought the virus under control. As a result, the UK has

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  5. Athens hoping EU diplomatic drive will defuse latest Aegean crisis
    Photo via https://flic.kr/p/2jtDXp5

    PoliticsForeign Policy

    Greece and Egypt. Significantly, the Oruc Reis has not incurred into areas above Egypt’s... by the agreement Ankara made with Libya last year, and which Athens has described as null and void

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  6. Grim picture in labour market obliges govt to provide more job support schemes
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    of Labour has said that 1.5 billion euros in relief has been granted to almost 2 million workers. Broken

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  7. Accused of U-turn over extension of territorial waters at home, ND steps up diplomatic drive abroad
    Photo via www.primeminister.gr

    PoliticsGreek Politics

    of the political tensions that it has excited. Alexis Tsipras has already made it known that his party will vote

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  8. Retail sector struggles through pandemic
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    EconomyFeatures

    Although it has been several months since the lockdown in Greece ended, the retail sector continues to bear the impact of the coronavirus pandemic. The latest figures from the Hellenic Statistical..., but this has not materialised this year. Around 68 percent of surveyed businesses said that they had

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  9. Ionian expansion raises questions about Aegean as Athens talks with Tirana
    Photo by MacroPolis

    PoliticsForeign Policy

    the idea of the partial extension of territorial waters. For that reason, the Prime Minister has...-Albanian Continental Shelf and Maritime Zones has become an extremely sensitive issue in the Tirana-Athens

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  10. PBO highlights pandemic impact on economy, sees 2020 recession of 8.5 to 9.4 pct
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    EconomyMacroeconomy

    , the fiscal picture has been affected by the need of various support measures to protect the economy... recognise the extraordinary circumstances. Also, Greece has a favourable repayment schedule

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