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  1. EU funds seen as cushioning Covid-19 impact, giving govt fiscal space
    Photo by Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    Greece took another step towards normality on Monday as primary schools reopened along with a range of business, including hotels and catering firms, as the number of deaths from the coronavirus reached 177. Much of the focus is on the efforts to get the tourism sector up and running in the hope

    3%
  2. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    -down to a new wholly owned banking subsidiary (“NewCo”), along with the vast majority of Piraeus Bank

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

    PoliticsGreek Politics

    high-risk by EASA, and allows its citizens to holiday abroad. The US, along with large parts of Italy

    3%
  4. Newsletter 253 -05/06/2020

    Newsletters

    Hurdles emerge as easing continues Govt faces objections in education & tourism as public banishes Covid-19 worries There were some bumps in the road for Greek authorities this week as the country entered the fifth stage of easing its lockdown. Primary schools reopened on Monday along with a range

    3%
  5. Rise in new Covid-19 cases raises alarm on eve of reopening to tourism
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    , Athens and Thessaloniki, are due to reopen to international flights on June 15, along

    3%
  6. CPI falls by 1.1 pct YoY in May
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    ), along with food and non-alcoholic beverages (+1.5 percent) and health (+1.4 percent). Overall

    3%
  7. ESM report highlights programme weaknesses, outlines improvements for future bailouts
    Photo by MacroPolis

    EconomyProgramme

    The European Stability Mechanism published on Thursday, along with its 2019 annual report, an independent evaluation of the Greek bailout programmes. The review was led by ex-EU Commissioner Joaquin Almunia and although its primary focus was the third and final ESM programme it did consider

    3%
  8. Covid-19 takes toll on budget as primary deficit widens to 4.80 bln in May
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros in the aggregate period. Expenditure Along with a sharp drop in revenue, a rise

    3%
  9. Industrial turnover drops by 35.4 pct in April, hitting series low
    Image via www.viohalco.com

    EconomyMacroeconomy

    by a 80.7 percent drop in leather and related products, along with a drop of 70.8 percent in coke

    3%
  10. ND feeling fiscal pressure as row over media handouts rumbles on
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    in September along with lower social insurance contributions for employees and employers, as well

    3%