Category: FINANCE

Coronavirus could lead to breakup of Eurozone, EuroGroup head Centeno warns
FINANCE
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FINANCE
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Coronavirus could lead to breakup of Eurozone, EuroGroup head Centeno warns

Panos - Apr 01, 2020

The Finance Minister of Portugal and EuroGroup President Mario Centeno warned the 19 Eurozone Finance Ministers in letter that the…

Private hospitals and hotels to receive €40m in compensation in coronavirus crisis
FINANCE
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FINANCE
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Private hospitals and hotels to receive €40m in compensation in coronavirus crisis

Panos - Apr 01, 2020

Private hospitals and hotels that seized by the Greek state for the purpose of serving the public interest in the…

Facebook offers $100 million to prop up news organisations
FINANCE
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FINANCE
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Facebook offers $100 million to prop up news organisations

Panos - Mar 31, 2020

Facebook says it’s dedicating $100 million to prop up news organisations pummelled by the financial effects of the coronavirus pandemic.…

Greek government plans to inject a total of 10bn euros into economy amid coronavirus pandemic
FINANCE
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FINANCE
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Greek government plans to inject a total of 10bn euros into economy amid coronavirus pandemic

Panos - Mar 30, 2020

The Greek government plans to mitigate the devastating effects of the coronavirus pandemic on the Greek economy by injecting huge…

The coronavirus financial measures announced
FINANCE
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FINANCE
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The coronavirus financial measures announced

Panos - Mar 30, 2020

The measures to mitigate the effects on the Greek economy from the coronavirus are being made by the Ministers of…

Turkish lira hits fresh 18-month low as virus infections surge
FINANCE
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FINANCE
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Turkish lira hits fresh 18-month low as virus infections surge

Panos - Mar 24, 2020

Turkey’s lira extended its lowest levels since September 2018 on Monday as confirmed infections from the coronavirus rose by nearly…

ECB announces 750 bln Euro pandemic emergency purchase program
FINANCE
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FINANCE
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ECB announces 750 bln Euro pandemic emergency purchase program

Panos - Mar 19, 2020

“Extraordinary times require extraordinary action. There are no limits to our commitment to the Euro. We are determined to use…

Coronavirus: Complete list of stores open in Greece
FINANCE
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FINANCE
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Coronavirus: Complete list of stores open in Greece

Panos - Mar 18, 2020

The list of stores excluded from the temporary shutdown imposed by the government starting on Wednesday to curb the spread…

Turkish lira extends post-crisis low as virus raises specter of deeper rate cuts
FINANCE
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FINANCE
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Turkish lira extends post-crisis low as virus raises specter of deeper rate cuts

Panos - Mar 17, 2020

Turkey’s lira fell as some investors bet the central bank would approve deeper cuts to interest rates than expected to…

EU25 leaders decide to set up special EUR 25 billion “coronavirus” Fund to combat the disease
FINANCE
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FINANCE
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EU25 leaders decide to set up special EUR 25 billion “coronavirus” Fund to combat the disease

Panos - Mar 11, 2020

The European Union will “do whatever it takes” from granting state aid to companies to setting up a special liquidity…

This is the oldest company in the world!
FINANCE
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FINANCE
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This is the oldest company in the world!

Panos - Mar 03, 2020

Apple and Google may be among the most successful companies on the planet, but they certainly aren’t the oldest. And…

Athens expects positive post-bailout economic review
FINANCE
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FINANCE
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Athens expects positive post-bailout economic review

Panos - Feb 27, 2020

Greece’s international creditors are expected to publish their report on the Greek economy as part of the fifth post-bailout review…

Greece: Key axes of development policy for economy were presented at government’s Economic Policy Council
FINANCE
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FINANCE
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Greece: Key axes of development policy for economy were presented at government’s Economic Policy Council

Panos - Feb 19, 2020

The government’s Economic Policy Council convened on Tuesday, under Prime Minister Kyriakos Mitsotakis. During the meeting, the key points of…

Sea route linking Greece and Cyprus discussed at ministers’ meeting
FINANCE
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FINANCE
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Sea route linking Greece and Cyprus discussed at ministers’ meeting

Panos - Feb 17, 2020

A ferry route to link Greece with Cyprus and the development of cruise tourism were discussed at a meeting between…

Why every Norwegian ecowarrior has 200.000 petrodollars
FINANCE
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FINANCE
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Why every Norwegian ecowarrior has 200.000 petrodollars

Panos - Feb 17, 2020

Several times a year neighbours in Norway get together to sweep leaves, trim bushes, weed flowerbeds and fix up their…

Greek GDP revised to 2.4% in 2020: European Commission winter report
FINANCE
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FINANCE
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Greek GDP revised to 2.4% in 2020: European Commission winter report

Panos - Feb 14, 2020

Greece’s economy is estimated to have grown by 2.2% in 2019 and is expected to grow at or above 2%…

There will be provision for the weak on the new Bankruptcy Code, Georgiadis says
FINANCE
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FINANCE
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There will be provision for the weak on the new Bankruptcy Code, Georgiadis says

Panos - Feb 10, 2020

"I want to save the home of those people whose home needs to be protected," Development and Investment Minister Adonis…

Cyprus gets Eurozone OK for early repayment of IMF…
FINANCE
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FINANCE
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Cyprus gets Eurozone OK for early repayment of IMF…

Panos - Feb 07, 2020

The euro zone’s bailout fund agreed on Thursday to Cyprus repaying 6.3 billion euros ($6.9 billion) of costly loans from…

Jeff Bezos Got $8 Billion Richer in Minutes!
FINANCE
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FINANCE
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Jeff Bezos Got $8 Billion Richer in Minutes!

Panos - Feb 05, 2020

Saying life is not fair is not statin anything novel, but this saying is driven home even harder when you…

Elon Musk is getting richer faster than any other billionaire in 2020
FINANCE
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FINANCE
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Elon Musk is getting richer faster than any other billionaire in 2020

Panos - Feb 05, 2020

Tesla Inc. founder and chief executive officer Elon Musk is getting richer faster than any other billionaire in 2020 so…