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Leaders clash over economy as PM looks on bright side of Eurogroup assessment
PoliticsGreek Politicsa 2 pct discount on the total. Eurogroup Mitsotakis also referred to the Eurogroup decision a few
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PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek PoliticsAthens for Friday’s publicity opportunity. Apart from the 2 billion euros that Lamda is planning... that the total cost of all the support measures will now reach 17 billion euros. This will hit the primary
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PM wants no strings attached to EU funds as ND juggles with public finances
PoliticsGreek Politicsof 3.5 billion euros, with a direct fiscal impact of 2 billion, taking the total to date to 14-15
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Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek PoliticsCouncil president Charles Michel has proposed reducing the total of grants included in the 750-billion... at 31 billion euros, replenished by 5 billion euros of two new bond issues and 2 billion from
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Banks step up securitisation drive following pandemic interruption
EconomyBankingon the securitisation of the Phoenix portfolio worth 2 billion euros, with the senior notes in the region of 1 billion euros. This is part of a 7-billion-euro total securitisation exercise for Piraeus, which it hopes
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New data highlights pandemic impact on enterprises as turnover falls sharply
EconomyFeaturestheir needs. Total turnover in the Greek economy in Q2, registered as of 2017 in the Greek business register... activities (-2 percent). Regarding the 205,984 enterprises that were under suspension of operation
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Grim picture in labour market obliges govt to provide more job support schemes
EconomyFeaturesof Labour has said that 1.5 billion euros in relief has been granted to almost 2 million workers. Broken... to 1,897,340 employees and freelancers, as well as a total of 420.3 million euros to e-EFKA
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Defence spending, economic support plans dominate PM's policy speech
PoliticsGreek Politics, as a percentage of GDP, spending on defence has remained at 2 pct of GDP or more throughout this period, well above the EU28 average, and at around 5 pct of total spending. Mitsotakis justified the decision
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatures. It is estimated that the golden visa programme attracted upwards of 2 billion euros of foreign investment... of 2019, these had reached 12,832. The total number nationwide peaked at over 100,000 unique listings
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Growing concerns over second lockdown in food service sector, a key employer
EconomyFeaturesis threatening to overwhelm the country’s healthcare resources. As of November 2, intensive care cases had... of the pandemic moved to the north of the country, on Monday a total two-week lockdown in the northern cities
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