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Greece prepares for next stage in Covid relaxation as tourism hopes hang in balance
PoliticsGreek Politicshave received at least one dose of the vaccine and more than 11% of the population has been fully
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New tax debt at 2.31 bln March, rising by 685 mln month-on-month
EconomyMacroeconomyThe month-on-month rise in Greece's new tax debt came to 685 million euros in March, data from the Independent Authority of Public Revenues (IAPR) has shown. New tax debt totalled 231 million euros, higher than the figure for the same period last year by 4.5 percent. New unpaid obligations from tax
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CPI falls by 0.3 pct YoY in April; core index down 1.6 pct
EconomyMacroeconomyfor April increased by 0.9 percent compared to March. The CPI has remained consistently negative
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Building permits decrease by 3.2 pct in February
EconomyMacroeconomyturning positive to 5.1 points. Compared to the same month last year, construction confidence has
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Primary cash balance deficit at 6.14 bln in April
EconomyMacroeconomythat during the first four months of the current year, the PIB balance has worsened by 1.01 billion euros
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Alpha Bank announces 800 mln share capital increase; Q1 net loss of 282.2 mln
EconomyBankingoffering in Greece. An EGM has been called for June 15 to consider giving priority allocation
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Travel balance falls by 71.7 pct in March
EconomyMacroeconomyGreece’s travel balance came to a surplus of 9.2 million euros in March from 32.5 million a year ago, Bank of Greece (BoG) data has shown. This is equal to a decrease of 71.7 percent year-on-year (YoY). Receipts came to 33.9 million euros for the month, falling by 63 percent YoY. Travel payments
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SYRIZA hunts for youthful narrative as polls remain stubbornly negative
PoliticsGreek PoliticsAs anxiety over the outcome of the pandemic grows and dissatisfaction with some of New Democracy’s flagship policies begins to emerge, the failure of opposition SYRIZA to capture any ground has intensified pressure on its leadership to develop a new recipe more appealing to voters. Observers
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Retail turnover drops by 3 pct and volume by 0.9 pct in March
EconomyMacroeconomyGreece’s retail sales index decreased by 3 percent in March following a revised drop of 4 percent in February, Hellenic Statistical Authority data showed on Monday. The index has now dropped in 12 of the last 13 readings, showing the impact of Greece’s lockdowns. The corresponding volume index fell
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Cavusoglu visit to Athens brings hiatus in Greek-Turkish dispute
PoliticsForeign Policyfrom potentially inflammatory language. Ankara has persistently raised the issue of the minority
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