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New Democracy tries to win over voters with crackdown on bank charges, migration
PoliticsGreek Politicsapproach on migration in response to increased arrivals from Libya also comes at a time when New
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Athens hopes strengthening of US ties brings geopolitical benefits
PoliticsForeign Policyis currently talking with both sides in Libya; very recently he held talks in Turkey and has also met
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Deadly collision throws spotlight on government’s migration policy
PoliticsGreek Politicsthe crossing from Libya, and for which the Greek Ombudsman recommended disciplinary charges against
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Mitsotakis touts benefits of energy deals against backdrop of criticism
PoliticsGreek Politicsin the 2019 Turkey-Libya maritime pact. Greece disputes the legality of the pact; however, last week Turkey’s
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OECD sees economy shrinking by 8 to 9.8 pct, depending on whether virus returns
EconomyMacroeconomyarea’s GDP is expected to contract by 9.1 percent. Under a double-hit scenario, the contraction... to 19.4 percent in the single-hit scenario and to 19.6 percent in the double-hit scenario. Under both... as high as 20.4 percent under a double-hit scenario. Private consumption is expected to fall by 8
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OECD forecasts unemployment increase into 2021
EconomyFeaturespercent next year. Under a double-hit scenario, which envisions a second wave of coronavirus hitting... points (pps) in 2020 and 0.4 pps next year. Under the double hit scenario, the unemployment rate... hit scenario before growing by 4.5 percent next year. The double hit scenario sees GDP growth
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Greek industrial production on the up again in November, rising by 2.3 pct
EconomyMacroeconomysouth at double-digit rate (down 10.8 percent). The aggregate figure for the 11-month period showed.... The year to date drop is primarily attributed to a double-digit decline in electricity production... percent respectively. In contrast, consumer durables, recorded a double-digit drop (-12.6 percent
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Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
EconomyMacroeconomy) of 60.74 billion, the outstanding cumulative tax debt landed at 67.98 billion in July from 67.25... percent in June. The year to date figure landed at 25.7 percent, way below the full year target of 65
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Office prices ease 0.2 pct in 2015, retail prices drop by 3.5 pct
EconomyMacroeconomythe high of 114 posted in H2 2008, the office price index for Athens, which landed at 73 in H2 2015... index landed at a new low of 69.8 in H2 2015 entailing a nosedive of 38 percent since its peak in H2
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Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
EconomyMacroeconomy. The absolute figure of Eurosystem funding landed at 95.71 billion euross, which remains the lowest... recapitalisation. ECB funding decreased for the fifth straight month and landed at 30.9 billion euros
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