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  1. EC spring forecast sees growth of 2.2 pct in 2019, 2020 but warns of hampered public investments
    Photo by TP via Flickr https://flic.kr/p/5WRaRc

    EconomyMacroeconomy

    in this year, factoring in the one-off positive impact of debt measures agreed in April. The balance... and the absence of further conditional debt relief measures in the baseline. Taking into account the projected

    1%

  2. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    to the adoption of tax relief measures such as the suspension of VAT payments and the assessed debts... than the target of 18.74 billion euros. The MoF said that this was due to the impact of measures taken

    1%

  3. EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed

    EconomyMacroeconomy

    GDP contracted by 1.6 pct quarter-on-quarter, reflecting some of the containment measures that were... and exports. The Commission notes that the support measures in the volume of 9.5 percent of GDP

    1%

  4. Greece grapples with second Covid-19 wave as cases soar
    Photo by MacroPolis

    Society

    followed. On May 25 when these measures were put in place, Greece had 2,882 cases and 172 deaths..., anecdotal evidence suggests that these measures are not being adopted by the public as stringently

    1%

  5. Budget primary deficit of 7.46 bln confirmed for July as revenues sag
    Finance Ministry

    EconomyMacroeconomy

    to reduced economic activity as a result of the coronavirus pandemic, and the impact of measures taken... the measures applied for tackling the coronavirus pandemic, according to the MoF. Interest payments came

    1%

  6. Budget primary shows deficit of 13.81 bln in November, above target by 1.48 bln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    as the increased revenues from taxes due to the fact that the impact of the measures taken to deal... category). In addition, the measures executed through PIB like the special purpose compensation

    1%

  7. Unemployment at 16.7 pct in October, unchanged from October 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    measures, they were considering layoffs as persons still employed if the duration of their contract... collection measures, and therefore monthly data was subject to revision when quarterly data was released

    1%

  8. Unemployment drops to 16.2 pct in November amid rise in ‘inactives’
    Photo by MacroPolis

    EconomyMacroeconomy

    of the coronavirus pandemic and mass layoffs which resulted from lockdown measures, they were considering... in their data collection measures, and therefore monthly data was subject to revision when quarterly data

    1%

  9. Unemployment drops to 15.8 pct in December, lowest since February
    Photo by MacroPolis

    EconomyMacroeconomy

    and mass layoffs which resulted from lockdown measures, they were considering people laid off as still... at 18 percent. ELSTAT noted that the pandemic had caused disruptions in their data collection measures

    1%

  10. IMF urges caution on public finances
    Photo via Flickr https://flic.kr/p/7BWNey

    Economy

    in monitoring NPE developments, especially as policy measures are withdrawn. To that end, more... the desired fiscal path, the IMF recommends against expansive fiscal policy measures that were introduced

    1%