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BoG sees broad economic impact from Covid-19, wiping out 2020 growth prospects
EconomyThe Bank of Greece (BoG) published on Friday the governor’s annual report for 2019, which – understandably – is dominated by the impact of Covid-19 on the Greek economy, leading to the central bank... segment, the central bank outlines in detail how the virus will hit the Greek economy, meaning that its
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Amid Eurogroup stalemate, Athens focusses on extra liquidity available after ECB move
EconomyTuesday’s Eurogroup teleconference ended in disagreement and is set to be repeated on Thursday, although Greece did secure a boost from the European Central Bank, which decided to allow Greek... its earlier decision to include Greek government bonds in the PEPP. The eurozone’s central bank
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Greece takes stock of measures to mitigate Covid-19 impact after Eurogroup reaches deal on latest batch
Economyto the decisions that have already been taken, particularly by the European Central Bank. In his... of the purchases could see the eurozone central bank purchase more than 10 billion euros in GGBs until
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Officials monitor new Covid-19 outbreak, extend school closures
PoliticsGreek PoliticsAuthorities are focussing their efforts on containing a new coronavirus outbreak in central Greece that could risk upsetting efforts to suppress the disease, such as school closures, which... in dealing with the spread of Covid-19 after an outbreak at a Roma settlement in Larissa, central Greece
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Outdoor gatherings with hint of protest raise concerns over relaxation of lockdown
PoliticsGreek Politicsincident in the neighbourhood of Kypseli in central Athens prompted accusations of heavy-handedness... scheme for the pedestrianisation of sections of central Athens, which was approved by the city
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Study suggests 1 in 3 employees could work remotely
EconomyFeatures) and in central Macedonia (31.3 percent) while the lowest is found in east Macedonia and Thrace (24 percent) and in central Greece (24 percent). The report concludes that there are notable economic
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Square reveal puts ND on the spot
PoliticsGreek PoliticsSkertsos. Bakoyannis was heavily criticised for unveiling a revamped Omonia Square in central... to dozens of people gathering on the central square in proximity to each other, without masks or other
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Release of refugees creates new difficulties for minister
PoliticsGreek Politicsin central Athens, appear to back up the scepticism express over the past few weeks. Migration... and cycle path in central Athens, apparently piggy backing on the government’s advice to Athenians
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BoG stresses more work needed on NPE reduction, pushes bad bank idea
EconomyBankingaverage. The central bank also notes that Covid-19 is expected to further complicate matters and put... assets. The central bank argues that its proposal has several merits, as it leverages the existing
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Greek housing market at new juncture as Covid-19 shakes foundations
EconomyFeatureslistings had been withdrawn from the market in central Athens, a decline of 17.5 percent. Although... sources claim that long-term rental prices in central Athens have dropped between 5 and 23.5 percent
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