• Photo by MacroPolis

    Mitsotakis urges EU to act after European Council stalemate

    Politics Greek Politics

    As expected, Thursday’s European Council did not lead to a decision on further extraordinary measures to support Europe’s struggling economies, leading to Greek Prime Minister Kyriakos Mitsotakis taking to social media to express his reaction.

  • Photo by Panayotis Tzamaros/Fosphotos

    Greece braces for recession, hopes to bounce back from summer onwards


    The extent of the damage that could be inflicted on the Greek economy as a result of the coronavirus impact is becoming clearer by the day, with the Finance Ministry and leading investment houses now expecting Greece to slip into a recession again this year.

  • Photo by MacroPolis

    Deposits rise by 1.06 bln in Feb

    Economy Macroeconomy

    Net deposit movements in the Greek banking system were positive by 1.06 billion euros in February, following outflows of 2.16 billion in January, Bank of Greece (BoG) figures revealed on Thursday.