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PM increases coronavirus support package to 10 bln, while sounding dire warning to public
PoliticsGreek Politicsworkers will be paid their regular Easter bonus but may have to wait until June. There was a positive
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Govt extends 800-euro bonus, heralds loan payment holiday for individuals as well as firms
Economymay have initially underestimated the extent of the damage that the coronavirus would inflict
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Tourism industry braces for outcome of gloomy Covid-19 scenarios
EconomyFeaturesonwards, possibly saving the summer season. The period between late May until September is typically
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PM calls for unity as opposition reacts to decisions on health, labour
PoliticsGreek Politicswith adequately by the authorities. Tsiodras advised even young people who may have contracted
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PM joins forces with some eurozone partners to lobby for "corona-bond"
PoliticsGreek Politics, is lower than the EU average, which may also be more at risk of being strained given their relatively older
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Newsletter 245 -27/03/2020
the summer season. The period between late May until September is typically the busiest season
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Greece braces for recession, hopes to bounce back from summer onwards
Economy. The ministry would like to avoid this development as it may have to tap the cash buffer. By widening
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ND to unveil more economic support as coronavirus restrictions are extended
PoliticsGreek Politicsemployees in May and June. For businesses, he added that there is package being put together to offset
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Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln
Economyinterest on business loans for the months of April, May and June if the companies concerned are prompt
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Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingthe bank’s base scenario, the pandemic will be contained by the end of May, resulting in a V shaped
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