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EconomyFeatures
Gloomy preliminary results for Aegean as state support talk gathers pace Greece’s national airline, Aegean Airlines, has sounded the alarm over its first quarter (Q1) results which showed a sharp drop in revenues in the third month of the quarter, dragging the entire quarter down.
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EconomyFeatures
Coronavirus to delay much of privatisation plan Greece’s privatisations have stalled under the coronavirus pandemic, with most major privatisations making no progress.
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EconomyFeatures
Digital investments could provide long-term GDP boost, study finds The National bank of Greece (NBG) has released an analysis examining how Greece could benefit economically by further bolstering its digital sector and investing in the correct infrastructure.
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EconomyFeatures
Covid-19 effects spread across number of sectors As Greece remains in lockdown, the impact of the coronavirus outbreak on the country's economy is becoming clearer.
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Economy
Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln The government has announced a fourth wave of measures aimed at supporting struggling businesses and workers amid the Covid-19 crisis as this year’s budget comes under further strain.
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EconomyFeatures
E-commerce businesses report drop in sales due to Covid-19 The impact of the coronavirus, which has led to the shuttering of most retail stores, has also prompted a sharp drop in online sales according to a new survey.
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Economy
Government readies up to 2 bln in assistance for shuttered firms and employees Finance Minister Christos Staikouras announced on Wednesday a second round of coronavirus-related support measures for the Greek economy, which will total roughly 2 billion euros.
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Economy
More than a quarter of a million firms affected by enforced closures due to Covid-19 The government’s emergency response to the coronavirus outbreak will lead to the closure of just over a quarter of a million businesses and temporary job losses for up to one million employees according to the latest estimates.
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Economy
MoF to announce measures for safeguarding businesses impacted by COVID19 The government is increasing its measures to limit the economic fallout from the impact of the coronavirus.
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Economy
Gathering signs of coronavirus impact on growth expectations The Hellenic Fiscal Council (HFC) has warned that the Greek economy could be threatened by the spread of the coronavirus in the eurozone.