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PBO highlights economic impact of Covid-19, calls for policies to mitigate damage
EconomyMacroeconomythe combination of lower revenues due to the April lockdown and higher support expenditure for businesses... output capacity. The PBO notes that the first round of interventions to support loss of business... “the intensity and duration of the recession.” Specifically, any new measures to support
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Exposure to tourism sector a concern for banks despite effort to save season
EconomyBankingwere connected to the real estate sector. Eurobank recently unveiled a support package... this year. The government this week launched its support package which paid special attention to the tourism sector. Support measures In a televised address, prime minister Kyriakos Mitsotakis outlined
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Opposition picks holes in latest measures to mitigate economic impact from pandemic
PoliticsGreek PoliticsOpposition parties have criticised the government’s latest package of measures to support... the economy. KINAL also put forward its own six-month support programme a few weeks ago and continues... to criticise ND and chip away at the strong support it currently enjoys in the opinion polls
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EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
PoliticsGreek Politicsthis latest step and government pledges to support hoteliers and other businesses affected by lower... about vague health protocols and unanswered questions about support for businesses. Recovery fund Based..., which have not yet been transferred from the state, as part of the first wave of support measures
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsto adopt to support local businesses and individuals affected by the economic downturn caused... permit. Support measures In Parliament on Friday, Mitsotakis set out the details of what he claims... that the total cost of all the support measures will now reach 17 billion euros. This will hit the primary
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Newsletter 258 -07/17/2020
with a substantial support package for the tourism sector later this year. In the meantime, the arrivals... is slightly more than the latest round of support measures announced by the PM for the flagging Greek economy... two years for them to return to pre-pandemic levels and that they expect more support from
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Women in Greece losing out on careers, education due to care burden, OECD finds
Societyto support families’ incomes and encourage fertility are those that help caregivers combine family..., and the country needs to work towards better support for in-home care which would in turn allow... that entering the workforce would not disqualify the caregiver from receiving government support
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Newsletter 261 -07/08/2020
commanding lead in the opinion polls, rather than suffer an erosion of support as the economic... compared to May and came to 12.19 billion in June. Bank support was unchanged month-on-month at 320... million. With bank support guarantees at 320 million as mentioned, the remaining total was split between
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Athens hoping EU diplomatic drive will defuse latest Aegean crisis
PoliticsForeign Policyfor discussion, and certainly is not willing to enter any dialogue under threat from Turkey. Support sought... also offered a statement of support for Greece. “Israel expresses its full support and solidarity
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More Covid-19 measures on way for Athens as public concern grows
PoliticsGreek PoliticsOverall, the opinion poll provided Mitsotakis with welcome data. It indicated that support for his party stands at 39.1 pct, compared to 39.9 pct in the last survey. SYRIZA’s support has dropped from 24... is the economic support measures the government has announced to cushion the impact of Covid-19
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