The end of the honeymoon for bank stocks and what comes next The explosive surge of bank stocks, with a +325% gain over the past five years as a result of the return to normality, is coming to an end. Prospects remain positive, but from now on the key drivers will be performance, profits, and strategic moves. 11 Σεπ 2025 19:10
ENGLISH EDITION Mini cabinet reshuffle in Greece targets growing economic pain By upgrading deputy Finance Minister Theodoros Skylakakis to Alternate Finance Minister in charge of EU funds, the Greek premier is hoping to quickly tap the 72-billion-euro package. 05 Αυγ 2020 15:46
ENGLISH EDITION Pissarides report calls on cut to wage costs "Absolute priority must be given to alleviating the burden on wage labor" and calculating that the "invisible hand" of the state keeps up to 67 percent of an employee's salary. 04 Αυγ 2020 15:42
ENGLISH EDITION Changes in the retail sector are heating up for the fall The possibility of a new lockdown being imposed, based on a possible second wave of the pandemic, is spooking even the largest of retail groups. In light of falling revenues, multinational Inditex and H&M groups, have already embarked on streamlining their networks, closing unprofitable points of sale and focusing on developing online sales channels as a key pillar for the future. 03 Αυγ 2020 14:45
ENGLISH EDITION Building plans to be put on fast track procedure As part of these reforms, the ministry also announced the suspension of new building permits for tourist accommodation located outside of town areas in Mykonos and Santorini. This suspension will apply until urban plans are approved, in a process expected to take some 18 months. 31 Ιουλ 2020 15:16
ENGLISH EDITION Tourist numbers in Greece disappoint, dip to 20pct of last year's levels In the midst of the summer season and tourism is doing considerably worse-than-expected, threatening to derail the government's economic plans for the year. 30 Ιουλ 2020 13:30
ENGLISH EDITION Greece to get major economic boost from EU rescue fund - Stournaras Greece is going to get 32 billion euros from the EU’s Next Generation plan, more than 17 percent of its gross domestic product. 29 Ιουλ 2020 14:33
ENGLISH EDITION Cruises to resume operations in Greece Aug 1, Tourism Minister confirms The minister officially announced that from 01/08/2020 cruise ships will be allowed to visit 6 ports (Piraeus, Rhodes, Heraklion, Volos, Corfu and Katakolo). 28 Ιουλ 2020 13:51
ENGLISH EDITION Top retailers in Greece push for drop in fixed rents, turnover based fee Μany large retail groups are pushing for a change in the terms of their contracts, either directly, with the consent of the landlord, or during the next renewal of the lease. 27 Ιουλ 2020 14:14
ENGLISH EDITION New PAOK stadium may revitalise area in 100 mln euro project The new PAOK stadium will require about 100 million euros, with the funding estimated to come from the Savvidis family, a loan and possibly state funding, via EU regional funds. 24 Ιουλ 2020 14:20
ENGLISH EDITION National Bank sees deeper than expected Q2 recession at -16% Εstimates which are driven by official announcements regarding the course of the economy in May, air arrivals at the Athens International Airport in June, as well as data from the May current account balance. 23 Ιουλ 2020 19:03
ENGLISH EDITION Banks package properties with outstanding legal issues for sale Market officials say that although there is strong investment interest from funds in buying real estate through the relevant process (but also through the purchase of bad loan portfolios), several steps and consents are required, until it is transformed into action. 22 Ιουλ 2020 15:18
ENGLISH EDITION EU slashes budget to reduce use of coal; Blow to Greece A cut of 50 percent in the expected funds could affect the entire planning for the future of western Macedonia and Megalopolis, at a time when the initial projects have already started to take shape. 21 Ιουλ 2020 13:49
