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  1. Newsletter 453 - 28/02/2025

    Newsletters

    concluded that serious underfunding and understaffing of the railways in the years leading up..., amounting to a shake-up of the operational and regulatory framework. The investigation did not come down... anger over the Tempe issue and the government’s inability to come up with a convincing response

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  2. Current account deficit at 1.22 bln in Nov, down 18.6 pct

    EconomyMacroeconomy

    with a slight drop in the corresponding payment pushed the travel surplus up by 84.4 percent... of Greece (BoG) data displayed on Wednesday. The year on year (YoY) drop reflects a narrowing... percent, with exports recording a double-digit drop of 11.3 percent. The BoG said that the net oil

    12%
  3. Covid-19 impact on tourism sector set to be extensive, report suggests
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    made up 16.3 percent of overall tourism revenues. INSETE quoted research by the consultancy firm McKinsey, Germans are expected that this year their expenditure on international flights will drop... are expected to drop by 82 percent. In 2019, BoG figures showed that visitors from the UK generated 14.1

    12%
  4. Newsletter 281 -22/01/2021

    Newsletters

    plan for businesses that will be rolled out in three stages: One up to April, the second until... of the tax advance refund, which broke all previous records by some distance. Now it is up... was partly offset by a 4.2 billion drop in the balance of goods deficit, along with a slight improvement

    12%
  5. Newsletter 294 - 23/04/2021

    Newsletters

    . Reducing the tax advance and tax rates will cost the budget 900 million this year and will drop..., up from 51% last month and 36% when the vaccination programme began in earnest in January. In terms... of bonds, up from 46.1 billion euros in 2019. 2 Current account deficit narrows to 840 mln in Feb

    12%
  6. Newsletter 101 - 23/12/2016

    Newsletters

    holding up the implementation of short-term debt relief measures dragged on. Athens had hoped to end... freeze for islands was not enough to hold up the debt restructuring process, but deliberations between... will soon be required to make difficult political decisions in order for the review to be wrapped up

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  7. March fall for Greek industrial turnover is ninth in 15 months

    EconomyMacroeconomy

    reading was revised from a marginal drop of 0.1 percent to a slight growth of 0.3 percent. The headline... 12 months. The modest decline in March by 1.1 percent is attributed to a drop in manufacturing.... The latter makes up only a fraction of the total turnover index. From a geographical perspective

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  8. Newsletter 202 -12/04/2019

    Newsletters

    to drop by 40 percentage points over the next five years, falling from 183.3 percent of GDP last year... Unemployment rate at 18.5 pct January jobless rate inches up after several successive drops Greece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward

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  9. Newsletter 284 - 12/02/2021

    Newsletters

    stricter, other times more relaxed. The decision to tighten up restrictions was taken after a steady... restrictions had been tightened up. Matters were made worse by the fact that the PM was filmed... quickly the economy could pick up. He said, however, that he hoped tourism would be helped by his

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  10. Newsletter 276 -04/12/2020

    Newsletters

    significant drop in the number of coronavirus-related deaths and as ICU units remained in high demand... translated into a 2-point drop in support for New Democracy since June, according to ProRata. Support... to contract by 10.2 percent this year, followed by a recovery of 0.9 percent in 2021, picking up

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