Singular Bank | Greece’s government has decided to float 30% of the Athens international airport it owns, in what has become Europe’s biggest IPO for two years and the latest sign of the country’s recovery. Greece was visited by 32 million visitors in 2023 and 28 million in 2022, and investment in the airport is seen as a good way to invest in the country’s tourism. The offer, which began...

Assuming the pandemic comes to a gradual end, a robust recovery of investments, private consumption and exports output should lead to an economic rebound of almost 7.5% in 2021. Unemployment is expected to decrease again next year. However, besides a resurge of the pandemic, any deterioration of the Greek-Turkish relationship could hurt economic performance, especially within the tourism sector (e.g. if Turkey again opens the border for refugees to move on to Greece, or in case of rising military tensions and clashes in the Aegean Sea).

Macropolis | A video talk featuring Juan Pablo Riesgo, a partner of Ernst & Young and former Secretary of State for Employment in Spain, and Nick Malkoutzis, editor of MacroPolis, discussing how Spain and Greece should best use the Recovery Fund package proposed by the European Commission.

Yannis Mouzakis (Macropolis) | In a recent opinion poll by MRB, those surveyed were asked who they would like to see as next Greek President if the incumbent, Prokopis Pavlopoulos is not awarded a second term. Twenty-six percent said they would like to see former prime minister Kostas Karamanlis be appointed Greece’s new head of state.

Jens Bastian (MacroPolis) | It was a visit worthy of a plethora of superlatives. The arrival of China’s President Xi Jinping in Athens (November 10-12) was termed a “vote of confidence” for Greece.

Nick Malkoutzis (Macropolis) | Over recent weeks, there has been much talk from government officials about a “new Greece” emerging after the July elections. This has been supported by legislation that has already been passed, such as interventions in the way the country is governed, and the draft laws that are being lined up, such as the development bill, which is seen by New Democracy as a bureaucracy-buster that will pave the way for more investment.