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Covid
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EconomyFeatures
Study suggests 1 in 3 employees could work remotely Research by the Centre of Planning and Research (KEPE) has revealed that up to a third of Greek workers could work remotely.
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PoliticsGreek Politics
Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown As Greece enters the second phase of easing lockdown restrictions, there is growing concern in the government about outdoor gatherings drawing scores of people to squares in major cities.
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PoliticsGreek Politics
ND hopes economy will pick up as second stage of lockdown easing begins The second phase of easing the lockdown restrictions was launched on Monday, with the Greek government hoping that this will contribute to economic activity picking up again.
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PoliticsGreek Politics
Covid-19 fears start to wane as concerns about economic impact grow The government continues to enjoy strong backing for its handling of the Covid-19 challenge, although concern about the economic impact of the crisis is growing as the public health concerns wane.
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Economy
EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021 The European Commission released today its Spring Economic Forecasts, the first official set of numbers since the pandemic outbreak, which point to the EU economies experiencing “a recession of historic proportions this year.”
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EconomyBanking
Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses The government has indicated that it is looking for further cooperation from the banking sector to inject liquidity into the country’s business landscape.
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PoliticsGreek Politics
Govt faces pushback from food service sector over re-opening rules The first major incident of social unrest since Greece’s lockdown was imposed in March, and then relaxed on Monday, occurred on Tuesday night. It came as the government faces pressure from restaurant and café owners to relax restrictions so they can save their businesses.
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PoliticsGreek Politics
Govt looks for formula to re-start tourism as calls intensify for support of entertainment sector The Greek government, representatives of the tourism industry and state health authorities are accelerating their planning with a view to rescuing what is left of the summer tourist season from the Covid-19 pandemic.
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Economy
Athens expects emergency economic measures to contain 2020 contraction to 4.7 in baseline The Greek Finance Ministry published on Sunday night the Stability Programme for 2020 that it submitted to the European Commission, providing the first official assessment of the economic impact the government expects to see from Covid 19 this year, as well as the notable recovery expected next year.
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PoliticsGreek Politics
As easing of lockdown begins, government looks to salvage economy The first stage of relaxing the lockdown imposed in March was launched on Monday, with the government hoping that Covid-19 will not flare up again and that Greece will be in a position to resume normal economic activity in the coming weeks, including welcoming at least some tourists during the summer.