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EC
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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
European Commission's travel guidance brings some optimism for Greek tourism sector Greece has welcomed the European Commission’s guidance on travel and tourism as a first step towards reopening a vital section of the economy in time for the summer season.
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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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EconomyMacroeconomy
Economic sentiment, consumer confidence plummet in April as construction takes worse hit Greece’s economic sentiment (ESI) fell by 10.1 points month-on-month in April to reach 99.3 points, European Commission (EC) figures showed on Monday.
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Legal
EU's temporary framework for state aid in response to Covid-19 outbreak The COVID-19 -novel- coronavirus outbreak is testing public health systems, national responses to an economic slowdown and potential recession as well as government’s and European Union institutions’ overall capacity to respond to a crisis of this magnitude.
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EconomyMacroeconomy
Economic sentiment at 109.4 in March Greece’s economic sentiment (ESI) fell by 3.8 points month-on-month in March to reach 109.4 points, European Commission (EC) figures showed on Monday.
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EconomyMacroeconomy
Economic sentiment at 113.2 in Feb, strong improvement in services and retail Greece’s economic sentiment (ESI) rose by 3.7 points in February to reach 113.2 points, European Commission (EC) figures showed on Thursday.
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EconomyProgramme
Fifth post-MoU review concludes successfully, EC highlights public investment, NPLs as areas of concern As was widely anticipated, since it had been trailed by Economic Affairs Commissioner Paolo Gentiloni during his recent visit to Athens, Greece’s fifth post-programme review was successfully completed with a positive report published by the European Commission on Wednesday.
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EconomyMacroeconomy
EC ups growth to 2.2 pct in 2019, sees growth in 2020 at 2.4 pct The European Commission updated its economic estimates for Greece on Thursday, as part of the regular winter forecast cycle, revising upward its expectations for the growth of 2019 to 2.2 percent from 1.8 percent in the autumn forecasts three months ago.
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EconomyProgramme
Piecemeal process likely in drive for more fiscal space It is becoming increasingly clear that the Greek government will have to be patient in its bid to gain greater fiscal space, a move that would allow it to live up to its promise to voters of easing the tax burden.