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BoG sees 2.3 pct growth this year, urges reforms to restore per capita GDP to pre-crisis levels
EconomyMacroeconomyis seen by the central bank at 4.3 pct, more than halving from last year’s 9.3 pct, mostly on the back...”. The central bank also notes chronic weaknesses in the Greek economy that remain to be addressed
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Newsletter 388 - 07/07/2023
in 2025. Greece’s central bank outlines some immediate challenges and goals, starting... to cover to reach pre-debt crisis levels. The central bank also notes chronic weaknesses
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Government cracks down on sun lounger sprawl as public mood towards tourism sours
PoliticsGreek Politicswas respected. Marinakis raised the example of the action that the central government took earlier... complaints about encroachment of businesses on public space are not new, the willingness of the central
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Storm impact and ferry death engulf political agenda
PoliticsGreek PoliticsThe havoc wreaked by Storm Daniel in central Greece on Tuesday and the shocking death of a ferry passenger in Piraeus on the same day have overtaken all other issues being debated by the country’s politicians. Torrential rain caused widespread damage in parts of central and western Greece
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Floods force Mitsotakis to postpone policy speech amid political fallout from ferry death
PoliticsGreek Politicsa rethink. Instead, Mitsotakis is expected to spend the weekend visiting central Greece, which has... in the central region of Thessaly. There have been reports of building collapses and several villages are still
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Newsletter 392 - 08/09/2023
PoliticsGovernment flounders in aftermath of destructive stormA massive storm that hit central Greece and other parts of the country this week, causing at least six deaths and widespread flooding... Pelion, before moving to the plain of Thessaly in central Greece has left substantial destruction
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Return to investment grade overshadowed by flood destruction
Economyof the impact of COVID, Central Greece contributes some 35 billion euros to Greek GDP, the figure pre... farming in the country. The same data from ELSTAT, shows that Central Greece offered in 2020 3.26 billion
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Newsletter 393 - 15/09/2023
because of the flooding in central Greece, but whose significance has grown because of the growing... growth for 2023, from 0.9 pct, and 1 pct from 1.5 pct for 2024. The eurozone’s central bank
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Under-fire PM pledges civil defence improvements following summer of destruction
PoliticsGreek Politicsin Thessaly. Mitsotakis admitted that the mish-mash of competencies between local and central government... funds to help cover these costs. The full extent of the damage done in central Greece is not yet
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Newsletter 396 - 06/10/2023
flooding in the region of central Greece following Storm Daniel. Mitsotakis has personally endorsed... to 358 billion euros in 2024, while the central government will also rise to 403 billion euros, though
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