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  1. Economic diversification vital to Greece's post-coronavirus future
    Photo via https://flic.kr/p/2dqKrWG

    Agora

    of the economy that Bank of Greece Governor, Yannis Stournaras, fears could be much as 8 per cent in 2020... unnoticed that Greece remains a net importer in monetary times at a ratio of roughly 2:1 in balance

    7%

  2. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    schedule, restaurants, bars and cafes are due to reopen on June 1, and hotels on June 8

    7%

  3. First challenges for tourism plan, as public relaxes approach to virus
    Athens Airport metro

    PoliticsGreek Politics

    -isolation after entering the country in recent weeks, with around 1% of tests on travellers emerging... in effect to control the virus, 8 percent said they were not following the guidance, and 44 percent

    7%

  4. Parties jostle over economic data, public still backs ND approach on pandemic
    Photo by MacroPolis

    PoliticsGreek Politics

    since the final quarter of 2019, when GDP shrank by 1 percent. “Mr Mitsotakis brought the recession... expects the overall contraction this year will be no greater than 8 pct, which is on the more

    7%

  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... reached its initial debt strategy of 8 billion euros for 2020, which has been adjusted to reflect

    7%

  6. ND braces for deeper economic impact from Covid-19, mulls more assistance
    Photo via www.government.gov.gr

    PoliticsGreek Politics

    sees at 8 pct, it does underline that many Greek businesses will have to weather at least too very... could be broadened so that another 1 billion euros is returned to firms. The process of returning

    7%

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

    Economy

    to shrink by between 8 to 9.8 percent in 2020 depending on whether there will be a single or double.... If these measures are implemented, the OECD anticipates that they would increase Greece’s GDP growth by 1 percentage

    7%

  8. General govt primary cash deficit at 5.48 bln in June as tax revenues fall

    EconomyMacroeconomy

    million each) and SSFs (+7 million). Declines were seen in local governments (-8 million), state...), extrabudgetary funds (+24 million) and SSFs (+1 million). Drops were seen in tax refunds (-91 million

    7%

  9. 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

    7%

  10. General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    governments (-14 million), state budget (-8 million) and hospitals (-3 million). Since the start... euros and Bank of Greece funding rose by 1 million to 1.44 billion. Guarantees The stock of gg

    7%