News archive of March 2020

Subsidies program must go on

The Investment Committee of the "Save At Home II" fund (Exikonomisi Kat' Oikon II) convened this week to ensure that the home improvement projects included in the first and second cycles of the state subsidies program would continue to be implemented, giving economic activity something of a small boost in what is a very difficult period.

Supermarket sales soar 35 pct

Greek supermarkets have cashed in over 615 million euros in just four weeks - i.e. in the first month of the coronavirus epidemic in Greece - as fear of what is yet to come led to consumers panic buying large quantities of disinfectants and food with a long shelf life.

ATHEX: Bourse ends Q1 22 bln euros out of pocket

March, and with it the first quarter of the year, came to a close on Tuesday with a bourse session that saw all its mid-session gains vanishing by the closing bell and stocks split down the middle between gainers and losers.

Athens residents urged to help keep capital clean

The municipality of Athens has urged the capital's residents to show a greater sense of responsibility as regards the protection of public health and helping the authority in its work by assisting the efforts of sanitation workers. 

Greek political leaders and businesses amid the pandemic

In a highly symbolic gesture, President Katerina Sakellaropoulou on Monday made it known that she will be donating half her salary for the next couple of months to a special state fund created to respond to the coronavirus pandemic. It was a sign of solidarity at a time when the country, and the rest of the world, are waging a battle against Covid-19.

Political leaders and businesses amid the pandemic

In a highly symbolic gesture, President Katerina Sakellaropoulou yesterday made it known that she will be donating half her salary for the next couple of months to a special state fund created to respond to the coronavirus pandemic. It was a sign of solidarity at a time when the country, and the rest of the world, are waging a battle against Covid-19.

New Greek coronavirus cases include ship crew and migrant mother

Greece reported 102 new coronavirus cases on Tuesday, including 20 people on a ship and a female asylum seeker who recently gave birth in hospital in Athens, the first recorded case among thousands of migrants kept in overcrowded camps.

Authorities said they were attempting to trace where the woman had become infected and looking at the possibility it may have been at the hospital.

Kurti abolished fees

A measure of reciprocity in relation to Serbia is being introduced.
Reciprocity measures will not be applied in relations with Bosnia-Herzegovina.
The decision comes into force tonight at 24 hours and is valid until June 15 this year when the results of the implementation of this decision will be reviewed.

Drop in NBG profit in Q4 on provisions, trader income

National Bank of Greece (NBG) on Tuesday reported sharply lower net profit in the fourth quarter compared to July-to-September on the back of weaker trading and net interest income and higher provisions for impaired loans.

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