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  1. Newsletter 301 - 18/06/2021

    Newsletters

    that put pressure on the health system and now it begins to manifest on the tourism sector. Given... a significant fiscal containment, from a deficit of 7.2 pct of GDP to 0.3 pct of GDP. This fiscal path

    26%

  2. Government paves way for major U-turn on migration as opposition warns of interference in regulators
    Photo via @YlvaJohansson

    PoliticsGreek Politics

    boost public revenues by bringing previously undeclared labour into the contributions system. According... on deterrence and containment, while migrant border crossings have been described by Prime Minister

    26%

  3. PM increases coronavirus support package to 10 bln, while sounding dire warning to public
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    PoliticsGreek Politics

    and businesses affected by containment measures. Looking and sounding markedly less confident than... asset purchase schemes. Previously, the opposition, which had been broadly supportive of the containment... high demand due to the containment measures, including delivery drivers and call centre workers

    24%

  4. PMI rises to 54.4 points in April, highest since February 2020
    Photo by Giannis Papanikos/Fosphotos

    EconomyMacroeconomy

    in the headline figure was also in part due to a further deterioration in vendor performance in April... in vendor performance. As such, input costs soared once again.”

    20%

  5. Coronavirus outbreaks highlight limited progress in disbanding hotspots for migrants
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    since the introduction of containment measures are required to go into self-isolation for 14 days... grappling with additional complications due to coronavirus containment measures. Initiatives... containment measures which prohibit non-residents from travelling to the islands. SYRIZA counter

    19%

  6. Crumbling Greek pension system threatens big fiscal gap, budget derailment
    Photo by MacroPolis

    Economy

    Social security funds (SSFs) are the weakest link among the main general government (gg) entities, showing a significant deterioration in their fiscal performance in the course of 2015 and creating a looming challenge for the coalition. Based on the lat...

    17%

  7. Despite cuts, pension system still at risk due to old-age dependency
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    The Organisation for Economic Co-operation and Development’s (OECD) pension reform report revealed that on a global level, the organisation believes that further reforms are required to balance the impact of ageing populations. The 2017 Pensions at a Gl...

    17%

  8. Covid-19 stretches health system again, putting reopening of shops in doubt
    By Natasha Pandazopoulou/Fosphotos

    PoliticsGreek Politics

    The government’s plans to reopen the retail sector in the coming days hang in the balance after a stark increase in the number of Covid-19 cases, leading to reported disagreements between scientists and the Development Ministry over the best course of a...

    17%

  9. After Q3 results, what next for Greek banks?

    Agora

    containment and deceleration in the increase of non-performing loans (NPLs). As expected, banks... million. Cost containment was the second positive element of pre-provision profitability

    16%

  10. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    containment and a double-digit QoQ drop in loan provisions. Most of these trends are broadly expected... of voluntary retirement schemes will also result in further cost containment, which is expected

    16%