Greece braces for recession, hopes to bounce back from summer onwards
BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
ECB makes Greece eligible for up to 12 bln in bond purchases amid market frenzy
Government readies up to 2 bln in assistance for shuttered firms and employees
More than a quarter of a million firms affected by enforced closures due to Covid-19
Piraeus port law amended, resolving dispute with COSCO over privatisation deal
Greece has resolved its momentary dispute with Chinese giant COSCO over the legislation linked to the privatisation of the Piraeus Port Authority (OLP).
The government made a number of amendments to the bill on Thursday following an letter from COSCO’s lawyers pointing out that the draft legislation did not reflect what had been agreed in the concession agreement.
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