How much would a possible isolation cost in Greece and 8 other countries

UBS analysts ran a series of calculations to predict the “cost” of a possible lockdown in nine European countries, including Greece, after the measure was introduced in Austria. Such a scenario could lead to stagnation or even contraction of the eurozone economy this quarter. There will be implications for the European Central Bank, according to […]

Stores: New opening hours during the holiday season due to the pandemic

In connection with the pandemic on the eve of the holidays, stores will change their working hours. They will be open from 10 am to 9 pm Monday (11/22). The decision was made, as announced by Sotiris Anagnostopoulos, Secretary General of Trade of the Ministry of Development and Investments, in order to avoid overcrowding in […]

The scenario for August is disappointing

The scenarios for August and the coronavirus cases that experts are anticipating after the country’s spike in infection are nightmares. “In August, we may have 3,000 cases of coronavirus per day in the most favorable scenario, 4,000 cases in the most likely and even 6,000 in the worst-case scenario,” Pulmonology professor Nikos Tsanakis warned on […]

Greece’s budget deficit in January-April turned out to be larger than planned

The Greek government reported a larger-than-expected primary budget deficit of € 6.21 billion in the first four months of the year, due to lower tax revenues, finance ministry data showed on Monday. The government is targeting a primary budget deficit, which does not include debt service costs, of € 5.24 billion for the January-April period. […]

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