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Newsletter 243 -13/03/2020
, he stressed that “no mass measure can replace individual responsibility.” He also broached.... The government’s hope will be that the advance of the virus can be slowed down and that the situation
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Greece prepares more measures to support economy after Eurogroup relaxes fiscal restrictions
EconomyProgramme, to look at what we can do, how we can contribute under these very different circumstances
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QE arrives for Greece
Agora. As the Greek case illustrates, and similar developments can be observed in Italy and Spain, epic bond rallies can turn in the opposite direction when a so-called “black swan” event occurs and infects all
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More fiscal measures, restrictions on movement mulled by govt as it rides high in polls
PoliticsGreek Politicsfar. The Finance Ministry announced on Friday that businesses can now apply for a refund of the tax... the country can emerge from its lockdown. However, he indicated that the loosening process is unlikely
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Greece clinches attractive yield for 7-year bond amid testing conditions, diminished interest
Economyas collateral in ECB operations and the ceiling on GGB holdings that Greek banks can have..., the Finance Ministry can take some comfort from the new issue, as it managed to get yields close
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Govt examines how to ease out of lockdown as PM rules out snap elections
PoliticsGreek Politicscan ease back towards normality. A report in Kathimerini over the weekend suggested... of schools, the priority will be to get final year pupils back to classes first so they can sit
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Primary residences back in focus as Athens waits for recovery fund decision
PoliticsGreek Politicson a plan for flights to resume so something can be salvaged from the tourism season. He added... of the summer season can be saved, with hotels and resorts functioning more or less normally from
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Coronavirus to delay much of privatisation plan
EconomyFeaturespreliminary construction work can begin, starting with the demolition of the old buildings. If the CoS... to be completed before the third quarter of this year before any physical work can begin. In any case
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PM presents roadmap for relaxing lockdown, highlights political messages from handling of Covid-19
PoliticsGreek Politicsif they can and to use their own vehicles instead. He also called for businesses to allow... on the number of customers they can serve at any given time. Stores with up to 20 square metres of floor space
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Banks discuss with govt how to release up to 25 bln in emergency liquidity for businesses
EconomyBankingStournaras said that the banks can allocate the funds earmarked as the ECB’s reduction of capital indicators... to the tourism sector. "We need to absorb the shocks as best we can and lay the groundwork for a dynamic return
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