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OECD releases new outlook calling for sustained reforms post Covid-19
Economywas 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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Govt, experts sound alarm over risk of Covid-19 control being lost
PoliticsGreek Politicsof 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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Greece grapples with second Covid-19 wave as cases soar
Societyand 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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Overdue social security contributions rise to 37 bln in Q2
EconomyMacroeconomyeuros which is 11.4 percent of the total. This is followed by those owing over 1 million euros, which... in 2019, a rise of 7.1 percent year-on-year and meeting the target set by KEAO which was 1.38
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Flooding, Covid-19 threat in Athens dominate ND's agenda
PoliticsGreek Politics1 million euros extra to deal with the fallout. Farmers who lost their crops as a result... the weekend, but this number is set to rise substantially on Monday as Petsas revealed that 243 migrants
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeaturesAt the end of 2019, the Greek property market was showing signs of a gradual recovery from the battering it received in the country’s decade-long financial crisis, and 2020 looked set to continue... in the residential sector contributed over 10 percent. Those figures shrunk to 5 percent and less than 1
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Gap between deaths and births grows to largest in series in 2019
SocietyA new set of demographics data by the Hellenic Statistical Authority (ELSTAT) has shown that the gap between deaths and births expanded to its highest level on record in 2019. In 2019, the data... first time marriages between those aged 15 and under (1 male and 4 females). The majority of marriages
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New bid to curb Covid-19 raises demand for more economic support
PoliticsGreek Politics. According to a report in Naftemporiki newspaper on Friday, the Finance Ministry is set to redesign... of next week. According to sources, there will be a package with a fiscal cost of 1 billion euros
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Newsletter 272 -06/11/2020
been trimmed by 1 percentage point, to 5 pct. Growth for 2022 is seen at 3.5 pct. The Commission notes... of a second lockdown is leading the government to rethink its 2021 budget, along with announcing a new set
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Hoping to deflect criticism, ND bolsters stimulus package ahead of new lockdown
PoliticsGreek PoliticsThe government is adding an extra 1 billion euros to the amount it plans to spend on the latest stimulus package, which it hopes will cushion some of the economic impact of the new national lockdown... weeks, having adjusted the set of measures he announced only a few days earlier. The package
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