Edition:
India

George Georgiopoulos

UPDATE 1-Greek banks NBG, Alpha up provisions to cover coronavirus loan impact

28 May 2020

ATHENS, May 28 National Bank (NBG) and Alpha, two of Greece's largest lenders, increased provisions to cover anticipated loan impairments from the coronavirus crisis as they kicked off the first quarter earnings season for the sector on Thursday.

The cost of coronavirus: Greek tourism slump threatens a decade of hard-won gains

11 May 2020

ATHENS About now, Charlie Chahine should be welcoming his first international guests of the season to his Suites of the Gods resort on Santorini, Greece's most popular holiday island. | Video

Greece sees economy tanking this year on coronavirus impact - stability programme

04 May 2020

ATHENS Greece expects its economy to contract by 4.7% to 8.9% this year under baseline and adverse scenarios taking into account the impact of the coronavirus pandemic, the government's 2020-21 stability programme submitted to the EU Commission projects.

Greece plans gradual relaxation of lockdown measures

28 Apr 2020

ATHENS Greek Prime Minister Kyriakos Mitsotakis said on Tuesday restrictions on citizens' movements would be lifted and more shops allowed to reopen from May 4 in a gradual easing of a lockdown imposed to curb the spread of the new coronavirus.

Coronavirus derails southern Europe's clean-up from the last crisis

09 Apr 2020

MILAN/ATHENS/LONDON This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck.

ANALYSIS-Coronavirus derails southern Europe's clean-up from the last crisis

09 Apr 2020

MILAN/ATHENS/LONDON, April 9 This year was meant to mark a turning point for Greek and Italian banks as they finally laid the ghosts of the financial crisis to rest. Then the coronavirus struck.

Amid Europe's lockdowns, no safety net for millions in black economy

01 Apr 2020

ROME/ATHENS Bricklayer Salvatore La Barbera is worried that in a matter of days his family of four will run out of food and, with Italy locked down by coronavirus, there is no way he can earn money to buy more.

Greece imposes lockdown after coronavirus infections jump

23 Mar 2020

ATHENS Greece announced a lockdown on Sunday, restricting movement from Monday morning with only a few exceptions, to combat the spread of coronavirus. | Video

Turkey's Erdogan accuses Greece of Nazi tactics against migrants at border

12 Mar 2020

ISTANBUL/ATHENS Turkish President Tayyip Erdogan accused Greek security forces on Wednesday of behaving like Nazis for using force against migrants trying to cross the border from Turkey into the European Union.

Greek M&A deals bolstered in 2019, corporates turn to bonds- PwC

25 Feb 2020

ATHENS, Feb 25 Mergers and acquisitions picked up in Greece last year as an improving investment climate led to increased deals, according to figures from business consultancy PricewaterhouseCoopers on Tuesday.

World News

Civil unrest flares in U.S. cities over Minneapolis killing

The full Minnesota National Guard was activated for the first time since World War Two after four nights of sometimes violent protests that have spread to other U.S. cities following the killing of a black man by a white Minneapolis police officer who knelt on his neck.