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More restrictions on way as Athens revels in ECB decision
PoliticsGreek PoliticsPrime Minister Kyriakos Mitsotakis was due on Thursday afternoon to give his third public address in two weeks in connection to the coronavirus. According to reports, he will announce that passenger flights to and from Greece will be suspended as of Sunday as part of the latest restrictions being
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Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
Economylatest public address on Thursday that the government would add another 3 billion euros from the budget
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Efforts to boost health system continue amid questions about govt strategy
PoliticsGreek Politicspopulation. Health system Announcing the latest infection figures, Health Ministry spokesman
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E-commerce businesses report drop in sales due to Covid-19
EconomyFeaturessaid that they expect their sales to be impacted for the whole of 2020. The latest figures for retail
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Credit contraction at 0.7 pct in Feb, balance at 153.74 bln
EconomyMacroeconomyin January. The latest month’s reading took the balance to 68 billion. Credit to insurance corporations
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Greece braces for recession, hopes to bounce back from summer onwards
Economythat it could reach 500 million euros, based on the latest developments industry executives expect
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A sudden turnaround that could lead to sharp shock
Agora. According to the latest data from ELSTAT, Greek companies spend close to 900 million euros on transport
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingPiraeus Bank’s final quarter (Q4) results showed profits of 189 million euros compared to a net profit of 49 million euros in Q3 2019. The latest results mark a sixth consecutive quarter where net results have landed in profit. For 2019, net results showed a profit of 270 million euros versus net
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Retail turnover up by 10.1 pct in January
EconomyMacroeconomyto December, while volumes rose by 3.3 percent month-on-month. The latest business indicators for March
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Big drop in March sees PMI settle at 42.5 pts as Covid-19 measures bite
EconomyMacroeconomyGreece’s manufacturing PMI dropped to 42.5 points in March from 56.2 points in February, according to the latest data from Markit PMI. The data indicates that the Greek manufacturing sector has been impacted significantly by the spread of the coronavirus. Markit indicated that the headline figure
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