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  1. Finance Ministry grapples with escalating cost of pandemic

    Economy

    monthly cost of lockdown measures to “over 3 billion euros”. Staikouras said 67 pct of all retail... the initial estimates to 3 billion euros for the first four months of the year, by adding 500

    10%

  2. Newsletter 284 - 12/02/2021

    Newsletters

    that a complete lockdown would bring the overall monthly cost of lockdown measures to “over 3 billion euros... advance refunds allocation is doubling from the initial estimates to 3 billion euros for the first

    10%

  3. Retail sales drop by 8.6% in 2020 as e-shops prosper but many sectors suffer

    EconomyMacroeconomy

    (YoY) and dropped by 3 pct compared to the third quarter of 2020, probably the most normal operating... euros in just the first quarter, with speculation in the media that another package of 3 billion euros

    10%

  4. Newsletter 286 - 26/02/2021

    Newsletters

    confidence drops by 3 points to -46.2 Compared to February 2020, the ESI has decreased by 21.5 points... confidence fell by 3 points month-on-month and came to -46.2 in February. Compared to the same month last

    10%

  5. Retail turnover drops by 12.3 pct and volume by 11 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    dropped by 3 percent. The latest business indicators for February published by the European Commission showed that consumer confidence fell by 3 points month-on-month and came to -46.2. Compared

    10%

  6. Newsletter 288 - 12/03/2021

    Newsletters

    by 3 percent in Q4 versus an increase of 3.1 percent in Q3. New properties, classified as up... by 3 percent after an increase of 1.8 percent in December. The annual movement in the index was driven

    10%

  7. Newsletter 291 - 02/04/2021

    Newsletters

    points. Retail turnover drops by 5 pct in January Volume decreases 3 percent, led by decline... fell by 3 percent after a revised decrease of 11.5 percent in the previous month. Compared

    10%

  8. Newsletter 294 - 23/04/2021

    Newsletters

    and a free summer.” The provisional schedule includes the reopening of the catering sector on May 3... by another 3 percentage points from March, to 40% in April, from a high of 84% last May. In contrast

    10%

  9. A brief lexicon of the Cyprus issue negotiations
    Photo by MacroPolis

    Agora

    Here we go again. After a hiatus of more than 3 years, the negotiations for the resolution of the Cyprus issue have resumed this week. The Cypriot Bill Murray wakes up to yet another Groundhog Day...-President elected by members of their communities respectively while a 7:3 formula was used for the cabinet

    10%

  10. Greece raises another 2.5 bln with reopening of sought-after 10-yr bond
    Photo by MacroPolis

    Economy

    in March and another 3 billion euros with a 5-year bond early last month. Wednesday’s issue closed... banks at 3 pct. The UK led the geographic distribution with 24 pct, followed by France at 19 pct

    10%