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EconomyFeatures
Survey shows investor interest remains solid A survey by Ernst and Young (EY) has revealed that investor interest in Greece has remained steady throughout the coronavirus pandemic.
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EconomyFeatures
Most businesses think two years needed to overcome Covid-19, expect more govt assistance Naftemporiki newspaper in collaboration with polling company Rass and Forum2020.gr have released a study illustrating the thoughts of businesses on the coronavirus pandemic in Greece.
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PoliticsGreek Politics
PM sees 'new Greece' rising from Hellinikon rubble, pledges more aid for struggling firms Amid considerable fanfare, Prime Minister Kyriakos Mitsotakis oversaw the start of demolition work at the site of the former Athens airport in Hellinikon on Friday, calling it a symbol of the “new Greece.”
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PoliticsGreek Politics
ND braces for deeper economic impact from Covid-19, mulls more assistance With New Democracy and SYRIZA locked in an intense verbal battle over alleged scandals, the impact of the coronavirus on the Greek economy has moved down the political agenda for now.
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Economy
Greece issues new 10 yr bond as investor appetite returns Greece completed its third market foray for the year by issuing a 10-year bond of 3 billion euros. The coupon was 1.5 pct and the yield settled at 1.57 pct, suggesting a re-offer price of 99.375. The spread was close to 188 basis points.
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EconomyFeatures
Gloomy preliminary results for Aegean as state support talk gathers pace Greece’s national airline, Aegean Airlines, has sounded the alarm over its first quarter (Q1) results which showed a sharp drop in revenues in the third month of the quarter, dragging the entire quarter down.
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EconomyFeatures
Coronavirus to delay much of privatisation plan Greece’s privatisations have stalled under the coronavirus pandemic, with most major privatisations making no progress.
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EconomyFeatures
Digital investments could provide long-term GDP boost, study finds The National bank of Greece (NBG) has released an analysis examining how Greece could benefit economically by further bolstering its digital sector and investing in the correct infrastructure.
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EconomyFeatures
Covid-19 effects spread across number of sectors As Greece remains in lockdown, the impact of the coronavirus outbreak on the country's economy is becoming clearer.
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Economy
Govt augments support for businesses, workers as total outlay on economic boost reaches 6.8 bln The government has announced a fourth wave of measures aimed at supporting struggling businesses and workers amid the Covid-19 crisis as this year’s budget comes under further strain.