The slowdown in the onslaught of the coronavirus in Greece and the rest of Europe, according to the statistics of the last few days, and the hopes for a rebound at the oversold Greek market sent stocks soaring at Athinon Avenue on Monday by the highest daily rate recorded since 2015.
The Republic of Cyprus is on Tuesday proceeding to the issue of two new bonds, a seven-year paper and a 30-year one, both euro medium-term notes (EMTN), the island’s Finance Ministry announced on Monday in a message to investors.
Marketing Greece, the nonprofit organization of the Greek Tourism Confederation (SETE), is evolving into a central entity in the management of the unprecedented crisis in Greek tourism, particularly in the maintenance and strengthening of demand for traveling to Greece when the pandemic eventually subsides.
Water Airports SA on Monday said it postponed the operation of its seaplane network in the Ionian Sea for 2021 as the coronavirus pandemic has halted licensing procedures, the company CEO told state-run news agency ANA.
Eurozone finance ministers are likely to converge on Tuesday on three quick options to support the economy in the wake of the coronavirus epidemic, officials have said, with some discussion also of longer-term ideas to aid a recovery.
Europe needs debt mutualization and a common “Marshall Plan” to recover from the coronavirus pandemic, Spanish Prime Minister Pedro Sanchez told newspaper Frankfurter Allgemeine Zeitung, even as Germany dismissed calls for the debt-pooling idea.
Greek pastry chef Marios Papadopoulos holds a chocolate easter bunny wearing a protective face mask at his confectionery, during the outbreak of the coronavirus disease (Covid-19), in Thessaloniki, Monday. [Alexandros Avramidis/Reuters]