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  1. Greece plans tourism reopening while waiting for EU guidelines
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyFeatures

    Pressure is mounting on the government to come up with a plan to reopen its tourism industry as the European Union is expected to issue a proposal on Wednesday for the phased restoration of free..., tourism would recover to 2019 levels in up to four years, while under the severe scenario, the recovery

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  2. European Commission's travel guidance brings some optimism for Greek tourism sector
    Photo by MacroPolis

    PoliticsGreek Politics

    part of the loss of income up to 60 percent, with the intention of reducing the cost of employment by up to 75 percent. Public attitudes to inward tourism remain guarded. A survey by the University

    3%
  3. PM set to unveil support package, as ND cements poll lead

    PoliticsGreek Politics

    . The economic support package, which has been widely trailed in the media, is said to total up to 24.... The government is also expected to announce an extended programme of employment support, topping up

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  4. Exposure to tourism sector a concern for banks despite effort to save season
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    on loans that were fully serviced up to the end of 2019, and 250 million will be set aside for liquidity. The package is likely to cover up to 80 percent of hotels and accommodation in the bank’s

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  5. Border furor highlights brittleness of Greek-Turkish relations
    Photo by Richard Leonard via Flickr https://flic.kr/p/5iRa7

    PoliticsForeign Policy

    are not new. In fact, the river has moved and in its place there is now a swamp, which dries up in summer... relevant issues come up. In an interview on Sunday, Minister Dendias claimed “the issue is over

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  6. Govt and opposition stake out positions on pandemic impact measures
    Photo via https://www.syriza.gr/

    PoliticsGreek Politics

    includes a holiday voucher scheme covering up to 2.5 million people, 6 percent VAT on dining out (down... starts returning to normality. Funding SYRIZA has taken some time to come up with detailed proposals

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  7. BoG governor renews calls for launch of bad bank and ESM use
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    is reportedly keen to complete the groundwork for the creation of the bank so that it is up and ready... the sole Greek systemic bank to have taken up the scheme.

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  8. Refugee housing deadline puts spotlight back on migration policy
    Photo by Giannis Papanikos/Fosphotos

    PoliticsGreek Politics

    programme, however its capacity is set at just 5,000, with 1,500 spaces already taken up. The approaching... payments up to 25,000 euros from parliamentary scrutiny, while it also calls for relevant documentation

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  9. Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
    Image via www.piraeusbankgroup.com

    EconomyBanking

    (NII) in Q1 reached 360 million, flat year-on-year (YoY) and up by 1 percent lower quarter... billion in Q1 and further to 46.4 billion in May. Private sector deposits increased by 1.3 billion up

    3%
  10. Athens ups diplomatic effort as Turkey plans hydrocarbon research in Greek continental shelf
    www.mfa.gr

    PoliticsForeign Policy

    proceed normally with its planning, describing the areas up to six nautical miles from Rhodes, Kassos...,” which is a development that would suit Greece. EEZ talks Additionally, Greece is gearing up efforts

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