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Coronavirus
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PoliticsGreek Politics
Economic relief eyed as Greece launches fourth round of lockdown easing The fourth stage of the easing of Greece’s lockdown began on Monday, when cafes and restaurants were permitted to welcome sitting customers – another move that the government hopes will ease the economic impact of the Covid-19 crisis.
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PoliticsGreek Politics
Opposition picks holes in latest measures to mitigate economic impact from pandemic Opposition parties have criticised the government’s latest package of measures to support the economy, suggesting that it is too weak an intervention and will lead to wage cuts for many employees.
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PoliticsGreek Politics
Govt lays out recovery plan to October, launches tourism roadmap The Greek government presented on Wednesday the components of its support package for cushioning the economic impact of the first wave of the pandemic and laying the groundwork for an autumn recovery, in a briefing which covered fiscal measures, investment and employment.
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EconomyProgramme
Satisfied with reform commitment and pandemic response, EC wraps up sixth post-MoU review The European Commission published on Wednesday the sixth report of the post-programme surveillance framework, paving the way for Greece to benefit from another round of debt relief measures.
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PoliticsGreek Politics
PM set to unveil support package, as ND cements poll lead Kyriakos Mitsotakis is set to launch the government’s updated pandemic support package in a TV address this afternoon detailing measures for employment and the economy into the autumn, as well as an action plan on tourism.
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EconomyMacroeconomy PBO highlights economic impact of Covid-19, calls for policies to mitigate damage The Budget office of the Greek Parliament (PBO) issued its first quarterly report for 2020 in which the early signs of the pandemic started becoming visible, although the office notes that even the latest fiscal and macro data are far from capturing the impact of the pandemic.
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PoliticsGreek Politics
Greece gears up to secure slice of smaller tourism pie this summer Prime Minister Kyriakos Mitsotakis is set to announce on Wednesday how Greece plans to re-open its tourism sector, a move that is seen by the government as vital to dampening the economic impact of Covid-19 this year.
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PoliticsGreek Politics
Reshuffle speculation rebuffed as Greece launches third stage of lockdown relaxation Greece launched the third stage of its lockdown relaxation on Monday although this was partly overshadowed by speculation about a cabinet reshuffle.
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PoliticsGreek Politics
Square reveal puts ND on the spot New Democracy found itself on the defensive on Friday over the actions of two key officials: Centre-right Athens Mayor Kostas Bakoyannis and Prime Minister Kyriakos’s Mitsotakis’s chief of staff Akis Skertsos.
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EconomyCorporates
Greek corporate heavyweights report Q1 results with an eye on Covid-19 The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues in the first quarter (Q1) of the year rose by 3.6 percent year-on-year (YoY).