As Greek Orthodox Easter approaches, the government is trying to dampen speculation about when it might start lifting the restrictions on movement and the idea that snap elections might be held later this year.
Tuesday’s Eurogroup teleconference ended in disagreement and is set to be repeated on Thursday, although Greece did secure a boost from the European Central Bank, which decided to allow Greek sovereign bonds to be used as collateral by local banks.
Property developer Lamda Development’s full year results for 2019 show a net profit of 49.9 million euros, improving from net profits of 42.3 million in 2018.
Greece’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday showed.
While Greek government officials are beginning to express reserved optimism over the success of the lockdown measures in controlling the spread of coronavirus among the general population, a handful of confirmed cases in migrant housing facilities have highlighted the risk posed by crowded living conditions in the camps.
As Greece remains in lockdown, the impact of the coronavirus outbreak on the country's economy is becoming clearer.
Google has released a set of mobility reports which illustrate how the public’s movements have altered due to the coronavirus outbreak.
Despite undergoing three adjustment programmes over the course of eight years, it is widely accepted that Greece emerged from its economic crisis having achieved limited progress in terms of structural reforms.