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
Greek stocks end week flat as Friday’s strong rebound erased earlier losses
The Greek equity market moved sideways this week, ending almost flat (-0.1 percent), while trading volumes were softer than the previous week.
The ESM decision to freeze the implementation of short-term debt relief measures was a negative surprise, dragging the market down 3.2 percent on Wednesday. However, investors’ concerns seemed to be alleviated on Friday, leading to a strong rebound of 4...
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