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Covid
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PoliticsGreek Politics
Snap election scenarios circulate as ND's pandemic response fuels surge in polls A number of developments linked to the coronavirus crisis have led to speculation in the Greek media about the possibility of a snap election in the summer or early autumn.
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PoliticsGreek Politics
Roadmap leading out of lockdown pondered by ND as SYRIZA takes aim at media The Greek government is set to announce by April 27, when many of the current restrictions on movement are set to expire, its plans for starting to lift the lockdown that has been in place since March 23.
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EconomyFeatures
Study proposes higher public spending to counter expected rise in NPLs The Centre of Planning and Economic Research (KEPE) has released an analysis of the impact of the coronavirus on Greece’s non-performing loan market.
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EconomyMacroeconomy
IMF sees 2020 GDP contraction at 10 pct, budget deficit at 9 pct due to virus impact The IMF released on Tuesday its latest economic estimates in the context of the World Economic Outlook, which has incorporated the impact of what it calls The Great Lockdown that sees global GDP dropping by 3 pct in 2020, subject to various uncertainties.
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EconomyBanking
Banks look for way forward as economic shutdown takes its toll Greeks banks are facing a complicated challenge in the face of coronavirus as their efforts to reduce NPLs have come to a standstill.
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EconomyFeatures
Covid-19 impact on tourism sector set to be extensive, report suggests The research arm of the Association of Greek Tourism Enterprises (INSETE) has conducted a study to estimate the impact of the coronavirus on the country’s vital tourism industry.
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PoliticsGreek Politics
ND focussed on keeping coronavirus numbers down in build-up to Greek Easter The effort to keep the number of coronavirus deaths and cases at a satisfactory level continues with some urgency for the government this week due to the country entering Holy Week and new potential outbreak sources being discovered.
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Economy
Greece braces for deeper Covid-19 impact on economy, budget and public debt The Finance Ministry is gradually accepting that the impact of Covid-19 in Greece will exact a heavy toll on the economy and the budget, with implications for the country’s public debt.
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PoliticsGreek Politics
Officials monitor new Covid-19 outbreak, extend school closures Authorities are focussing their efforts on containing a new coronavirus outbreak in central Greece that could risk upsetting efforts to suppress the disease, such as school closures, which the government announced on Friday would be extended for another month.
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Economy
Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch After more lengthy negotiations, eurozone finance ministers arrived at an agreement on Thursday night to add to the measures that have already been announced to combat the economic impact of Covid-19.