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IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact
EconomyMacroeconomy, combined with increased spending to support the economy will tend to push Greeceās debt to levels
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Current account shows deficit of 1.14 bln in February
EconomyMacroeconomy. An improvement was noted in the secondary income account but was not enough to offset the combined
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Govt trails transition out of lockdown as training vouchers stir controversy
PoliticsGreek Politicsin combined payments to the training providers and the claimants, was initially intended to use money
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Newsletter 248 -24/04/2020
but was not enough to offset the combined deteriorations elsewhere. On an aggregate basis, the C/A deficit
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Mitsotakis to set out lockdown relaxation plan as ND scales back economic support
PoliticsGreek Politicswould receive a combined 11 million euros to run adverts and spots informing Greeks about the disease
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Deposits rise by 2.85 bln in March
EconomyMacroeconomyinflows of 1.81 billion combined with savings inflows of 1.87 billion, which offset time outflows of 1.93
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PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
EconomyMacroeconomyguarantees. This amounts to 5.35 pct of GDP. Combined with the baseline scenario recession of 4.7
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Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review
EconomyProgrammeinclude the new insolvency code. Progressing the mid-2020 commitments, combined with follow-up
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingbillion euros combined in hospitality and real estate out of a total of 29.6 billion in loans for 2019
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Deposits rise by 1.43 bln in April
EconomyMacroeconomybillion combined with savings inflows of 3.45 billion, which offset time outflows of 2.24 million
4%