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Additional public health, economic actions to counter coronavirus impact
PoliticsGreek Politicsalready said that the government is setting aside an extra 200 million euros to support the public health... the second is to provide financial support for firms and workers who are already taking a considerable
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Mitsotakis urges EU to act after European Council stalemate
PoliticsGreek PoliticsAs 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.... Mitsotakis knows, though, that he has domestic support for his stance. A number of commentators have
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Coronavirus outbreaks highlight limited progress in disbanding hotspots for migrants
PoliticsGreek Politicsto the government’s economic support package. In a press conference on Monday, leader Alexis Tsipras... support for private sector workers, a six-month tax holiday, and a freeze on private debt servicing
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General govt primary cash surplus at 1.44 bln in February, arrears up by 133 mln
EconomyMacroeconomycompared to January and came to 11.82 billion in February. Bank support was unchanged month-on-month at 320.... With bank support guarantees at 320 million as mentioned, the remaining total was split between non
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ND focussed on keeping coronavirus numbers down in build-up to Greek Easter
PoliticsGreek Politics, it has been most vociferous on the economic measures, demanding more support for workers and urging... party unveiled a 26-billion-euro support and stimulus package and this week its main line of argument
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As plan to ease lockdown progresses, politics turns to non-coronavirus issues
PoliticsGreek Politicssupport and security. This is one of the areas that SYRIZA, which has already accused Mitsotakis of not being bold enough in the emergency economic support measures he has announced, is likely to try
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S&P keeps Greece at 'BB-' but revises outlook to stable on Covid-19 concerns
Economyof fiscal support and deferrals in the volume of 15 billion, or 7.5 pct of GDP according to S&P estimates... will further support the sovereign’s debt with affordable rates. Progress on NPE reduction
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Will the Covid-19 crisis undermine the EU Green Deal? A view from Europe's periphery
Agorafor immediate economic support across the EU, with richer countries being able to afford a much... sponsored lending), is pure fantasy. By the time the EU exits the emergency support stage
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingand additional support for businesses that are otherwise viable but were compromised due to the virus. Of the total, around 18 billion euros will be used to support businesses and 7 billion
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EC expects Greek GDP to drop by 9.7 pct for biggest fall in EU, before strong rebound in 2021
Economyspending, thanks to various support initiatives that the Commission estimates at 6.9 pct of GDP... by the uncertainty and the loss of turnover, although some of the support provided by the authorities and the EU
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