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New measures will provide temporary relief for Greece

Location:

GREECE

The new forecast is based on strong results in the second quarter, better-than-expected tourism revenues over the summer months and the approval of the Greek Recovery and…

COVID-19 will cut tourism to Greece this year

Location:

GREECE

Restrictions on the economy’s vital tourism branch are being lifted. However, airports outside Athens and Thessaloniki stay closed until June 30. Passengers from low-risk…

Terms of Greece's third bailout will depress economy

Location:

GREECE

In the absence of external funding, capital controls will remain. Banks will allow depositors to withdraw up to 420 euros (456 dollars)/week at one go rather than in daily…

Greece must grow faster to meet primary budget targets

Location:

GREECE

Ahead of the elections, public attention was firmly focused on the state of the economy, particularly budget execution and foreign direct investment (FDI). The issue of social…

Pandemic will speed Greece towards teleworking

Location:

GREECE

Almost overnight businesses lost contact with their customer base and were largely unable to provide teleworking arrangements for staff. However, larger Greek businesses…

Greece’s virus recovery forecasts are over-optimistic

Location:

GREECE

The authorities are gradually lifting pandemic-induced restrictions. The need to protect public health has given way to preserving the productive capacity so painfully built up…

Construction will depend on Greek consumer confidence

Location:

GREECE

Construction sector.

Greece's market liberalisation may not work wonders

Location:

GREECE

Freer access to markets and the professions has been recommended to stimulate competition, generate growth and benefit consumers. However, the benefits of such an approach for the…