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
Backpay for civil servants gets "positive" measures rolling for government
The Greek government has submitted to Parliament draft legislation that paves the way for thousands of civil servants to receive millions of euros in backpay, marking the start of a period of intense activity for MPs as the coalition plans to follow this up with other measures promised by Prime Minister Alexis Tsipras at the Thessaloniki Expo in September.
The amendment tabled on Wednesday, which may be voted on by the end of Thursday, aims to comply with a Council of State decision that deemed the cuts made to the wages of uniformed personnel, doctors, lecturers and judges in 2012 were unconstitutional. ...
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