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  1. EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
    Photo by MacroPolis

    Economy

    The European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession... recovering by 5.1 pct in 2021. Private consumption is seen falling by 4.1 pct, public spending to grow by 1

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  2. ND mulls next stage of lockdown easing as support remains strong despite some grumbles

    PoliticsGreek Politics

    be open to the public from Saturday as Greece is set to experience a brief heatwave. In both cases... the beginning of next week. It is still not clear if primary schools will reopen on June 1. The government

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  3. Greece gears up to secure slice of smaller tourism pie this summer
    Photo by Yiannis Drakoulidis/Fosphotos

    PoliticsGreek Politics

    Prime Minister Kyriakos Mitsotakis is set to announce on Wednesday how Greece plans to re-open its tourism sector, a move that is seen by the government as vital to dampening the economic impact... to take tests. City hotels are due to open on June 1, while seasonal hotels are expected to open

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  4. EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    security contributions this month, there could be a further 1 or 1.1 point cut in three months. Proto... for a new set of policies that would be different to those he was elected to power on in 2019.

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  5. Greece issues new 10 yr bond as investor appetite returns
    Photo by MacroPolis

    Economy

    on the T-bills rollovers. Today it is set to auction a 52-week T-bill for an initial amount of 1

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  6. Overdue social security contributions rise to 36.32 bln in Q1

    EconomyMacroeconomy

    of 4.15 billion euros which is 11.4 percent of the total. This is followed by those owing over 1... billion in 2019, a rise of 7.1 percent year-on-year and meeting the target set by KEAO which

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  7. Summer season looks under threat as revenues fail to materialise
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    July 1 in the hope this move would attract tourism to the country for the high season in the summer... to the latest complete data set from AIA, international passenger traffic were down by 93 percent in June

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  8. OECD releases new outlook calling for sustained reforms post Covid-19
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    was interrupted by the coronavirus pandemic. The OECD repeated its previous estimates that GDP is set.... If these measures are implemented, the OECD anticipates that they would increase Greece’s GDP growth by 1 percentage

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  9. Govt, experts sound alarm over risk of Covid-19 control being lost

    PoliticsGreek Politics

    of hand” if measures are not adhered to. Tsiodras noted that the infection rate R has increased to 1... until the end of August, while opening hours for entertainment venues are to be set based on localised

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

    Society

    and nurseries opened on June 1, a point at which the pandemic was still more or less under control. However... the OECD’s predictions, the Greek economy was set to shrink by 8 percent under a single wave scenario

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