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More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
Economycase in the Eurogroup. The General Accounting Office also has in place a monitoring mechanism of market... in the weeks to come. According to market research firm IRI Hellas, sales in the week preceding lent (when
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More than a quarter of a million firms affected by enforced closures due to Covid-19
Economy. Widespread impact The Greek employment market tends to be affected by seasonality and highly concentrated... infrastructure, forcing them to withdraw from the job market as these businesses also shut
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Greece braces for recession, hopes to bounce back from summer onwards
Economyof Greece purchased this week 150 million euros of Greek bonds on the secondary market. As a result... market volatility,” Scope’s Julian Zimmermann said in a recent note. In its own note, Morgan Stanley
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A sudden turnaround that could lead to sharp shock
Agoraof the collapse in the property market. Exports now have a more prominent role buy private consumption remains... in fixed capital formation in Greece came from the collapse of the property market and construction
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EU's temporary framework for state aid in response to Covid-19 outbreak
Legal, assuring the smooth functioning of the market and public administration, as well as protecting... or to prevent its transmission. 5. Intervention in real estate market. Specifically, for companies which
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
Economyusing the GGBs on their books in the interbank repos market. Now they can be used as collateral... effectively makes Greek banks as active players in the Greek sovereign debt market that could facilitate
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Building permits increase by 55.7 pct in January
EconomyMacroeconomyprices, the coronavirus epidemic would present a challenge to the market on many fronts. “Given the high dependency of the real estate market on tourism and other sub-sector economies, it is expected
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Banks look for way forward as economic shutdown takes its toll
EconomyBankingtheir applications and for market conditions to become more favourable. Overall, it is expected that Greece’s banks will report losses this year due to market uncertainty and the inability of being able to predict
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Greece heads back to markets with 7-year bond in bid to boost own funds
Economythe programmes ended in the summer of 2018. In the last market foray for the 15-year bond at the end of January... short of 70 pct, followed by banks at 14 pct and hedge funds at a low 5 pct. The last market test
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ND passes major environmental bill against accusations of railroading
PoliticsGreek Politicsrelating to the natural gas market, the privatisation of electricity distribution networks, and oil... performance of buildings and 2019/692 on the internal gas market). The legislation attracted additional
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