Search
-
Tourism sector struggles as it prepares for full reopening in July
PoliticsGreek Politics. Visitors to Greece have slowed to a trickle during the lockdown, with foreign arrivals down 96.2 percent YoY in April and travel receipts down 89.7 percent, and all hopes are now pinned on even a modest
4% -
Rival parties interpret Novartis settlement differently, serving own ends
PoliticsGreek Politics. SYRIZA will undoubtedly double down on the Novartis issue and try to pin it to the New Democracy-led... to shut down any thorough inspection of events while claiming to be the target of a conspiracy.
4% -
PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms
PoliticsGreek Politicsby the pandemic. At Hellinikon, Mitsotakis saw workmen employed by Lamda Development start to tear down... are due to be brought down in the coming months before Lamda starts constructing new ones. The Greek-led
4% -
Higher Covid-19 numbers spark concern as tourism sees little benefit from visitor arrivals
PoliticsGreek Politics. In June, the arrival of air passengers was down by 93 pct to just 588,186 from nearly 8.4 million last year. The number of fights was down by 74 pct to 17,049, from 66,827 in 2019. Over the first six
4% -
Athens waits for EU recovery fund outcome as new Mati fire claims emerge
PoliticsGreek Politicsresponse to an “unprecedented” crisis. He warned that any compromise should not “water down” the proposal... to the headline number of 750 billion also being brought down slightly. Based on the European
4% -
PM forms panel to come up with strategy for use of EU recovery funds
PoliticsGreek Politics, Deputy Justice Minister Dimitris Kranis announced that he is stepping down. Reports suggested that he... directed at him by a particular media group. Recently, Gerrasimos Thomas also stepped down as deputy
4% -
Piraeus Bank posts pre-tax losses of 215 mln in H1
EconomyBankingof the year, which the bank said covered increased credit demand. Deposits in Greece edged down to 45.5... million euros. In Q2, operating expenses came to 255 million, down by 14 percent YoY and 1 percent
4% -
Newsletter 262 -04/09/2020
of services fell by 49.4 percent. Breaking down the components of imports in Q2, imports of goods... expenditure edged down by 9.3 percent QoQ compared to a milder drop of 0.6 percent in Q1. Household
4% -
H1 results for Greek corporates show signs of pandemic biting
EconomyCorporates. Adjusted EBITDA stood at 82 million, down by 27 percent. When including restructuring costs... down by operating sector, in retail home furnishing and accessories activity (namely IKEA stores
4% -
Moria fire propels migration issue back to top of political agenda
PoliticsGreek Politicsshowing satisfaction that the camp was burning down have been displayed as evidence that the fire... over the last few years for it to be shut down. The government is also likely to have a hard time
4%