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Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
EconomyMacroeconomyand global factory shutdowns.
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EU's temporary framework for state aid in response to Covid-19 outbreak
LegalThe COVID-19 -novel- coronavirus outbreak is testing public health systems, national responses to an economic slowdown and potential recession as well as government’s and European Union institutions’ overall capacity to respond to a crisis of this magnitude. As a global crisis – given the fact
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Greece heads back to markets with 7-year bond in bid to boost own funds
EconomyGreece wants to signal to international markets that despite the heavy toll the pandemic is expected to inflict on the Greek economy, it can move ahead with its debt strategy. The International Monetary Fund published its latest global forecasts on Tuesday in the context of its World Economic
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Digital investments could provide long-term GDP boost, study finds
EconomyFeaturesprofessionals. A solution could be to attract global ICT companies and support the creation
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Fitch keeps Greece at 'BB' but revises outlook to stable with eye on Covid-19 impact
Economythe pandemic, the global recession and the drop in tourism. Fitch expects a gradual recovery in the second half
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PMI crashed to 29.5 points in April during sharpest ever decline
EconomyMacroeconomyfigure down to a new series low was the sharpest contraction in output for just over two decades. Global
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Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector
PoliticsGreek Politicsto make the Greek offering more competitive in the global market, a freeze on income tax pre-payments
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingAs Greece moves to reopen its tourism season, how the industry will respond and cope in the new global enviroment for travel has implications for Greece’s banking sector. Based on data from Bank of Greece's financial stability report, as of mid-2019 Greek banks had exposures to businesses of 122.5
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Trade deficit falls by 30.3 pct in April as Covid-19 restrictions hit trade
EconomyMacroeconomy, which have heavily affected global trade. The deficit came to 1.13 billion euros for the month
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Parties jostle over economic data, public still backs ND approach on pandemic
PoliticsGreek Politicsbetween Greece and global supply chains. Either way, the Finance Ministry is braced for worse figures
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