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Covid
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EconomyMacroeconomy
Summer season looks under threat as revenues fail to materialise Greece’s efforts to restart its vital tourism sector and capture revenues from the peak which usually takes place between June to September appear to be faltering according to the latest data.
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PoliticsGreek Politics
Increase in Covid-19 cases prompts tighter measures amid opposition criticism The Greek government has tightened emergency measures after a surge in Covid-19 cases raised fears of an early second wave of the pandemic.
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PoliticsGreek Politics
Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals Prime Minister Kyriakos Mitsotakis is due to chair a meeting with key ministers and aides on Monday to discuss the latest developments on the coronavirus front as concern grows in Greece about the coronavirus flaring up in the coming weeks.
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PoliticsGreek Politics
Rise in "imported" Covid-19 cases a source of jitters for tourism industry While reopening Greece to tourism was eagerly anticipated as a potential remedy for some of the economic impact of the pandemic, the realities of managing inflows of visitors safely are slowly becoming apparent as the number of coronavirus cases in the country rises.
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EconomyFeatures
OECD forecasts unemployment increase into 2021 The OECD has released its employment outlook for 2020 in the context of the coronavirus crisis, highlighting the impact that the pandemic will have on the global job market.
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EconomyMacroeconomy
EC trims 2020 recession forecast to 9 pct, but 2021 recovery also slashed The European Commission slightly revised its forecasts for Greece in the interim Summer forecast released on Tuesday, compared to the Spring forecasts that were released at the beginning of May.
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PoliticsGreek Politics
Controversy over media campaign rumbles on as further details emerge Details of the government’s spending on the Covid-19 public information campaign were released on Monday, prompting fresh accusations of political favouritism and untransparent dealings.
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PoliticsGreek Politics
PM wants no strings attached to EU funds as ND juggles with public finances Prime Minister Kyriakos Mitsotakis says he will insist on any EU funds aimed at helping the Greek economy recover from the coronavirus setback being free of any onerous terms as his government tries to manage the considerable fiscal impact of the support measures it has announced and the downturn in business caused by the pandemic.
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PoliticsGreek Politics
PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms Amid considerable fanfare, Prime Minister Kyriakos Mitsotakis oversaw the start of demolition work at the site of the former Athens airport in Hellinikon on Friday, calling it a symbol of the “new Greece.”
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PoliticsGreek Politics
More flights land at airports, but tourism expectations remain grounded The spotlight fell on Greece’s tourism sector on Wednesday as regional airports, including on the islands, reopened to international flights, rekindling hopes that the arrival of visitors from abroad will boost the scant receipts gained so far this year by the industry.