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  • Photo by EC - Audiovisual Service EC tweaks forecasts, sees 2023 growth at 1.2 pct

    EconomyMacroeconomy

    The European Commission updated its estimates in the latest winter forecasts, essentially retaining the view it held in the autumn, seeing modest growth of 1.2 percent in 2023, after a rise of 5.5 percent in 2022.

  • Photo by MacroPolis Questions posed about pace of absorption for RRF funds

    PoliticsGreek Politics

    As the dust settled from this week’s forest fire on the outskirts of Athens, SYRIZA turned its attention to the government’s performance in absorbing funds from the European Union’s Covid response package, the Recovery and Resilience Facility.

  • Photo by EC - Audiovisual Service Concerns about RRF growing as deadlines loom

    PoliticsGreek Politics

    There are growing concerns about whether the Greek government can keep up with the pace necessary to ensure the release of EU funding from the Recovery and Resilience Facility (RRF) for a wide range of projects, while Bank of Greece governor Yannis Stournaras has urged the authorities to ensure that the money goes to the appropriate enterprises.