EDITOR'S PICK

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Bike lanes to nowhere?

The Covid-19 pandemic has presented the Greek state and society with a rare opportunity to re-evaluate dysfunctional habits. 

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Additional crisis package unveiled

GIORGOS BOURDARAS

Remarking that Greece “is in uncharted waters” and in the midst of an unprecedented crisis with dramatic pressures on growth, Prime Minister Kyriakos Mitsotakis on Friday presented additional measures centered on jobs and support for business.

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BUSINESS Economy debtor_tax_authority_web

New sifting of Katseli debtors

EVGENIA TZORTZI

The government is about to perform a close inspection of all applications for protection of debtors under the provisions of the so-called Katseli law, to find out how many of them deserve protection status and which of them have only applied in order to win time.

BUSINESS Banking commerzebank

Cypriot watchdog fines Commerzbank

Cyprus’ securities regulator on Friday imposed a 650,000-euro fine on Germany’s Commerzbank for transactions ordered by a now defunct local bank whose demise featured in a financial crisis which roiled the country in 2013.

BUSINESS Property houses_ymittos_web

House prices stay put in Q2

NIKOS ROUSSANOGLOU

The advance of the residential property market halted in the second quarter of the year, due to the coronavirus restrictions, resulting in asking prices remaining virtually unchanged from the first quarter, according to data from the Spitogatos Property Index (SPI) compiled by the spitogatos.gr property ads website.

BUSINESS Markets traders_screens_web-thumb-large

PDMA to auction more T-bills next week

After the successful auctioning of 26-week treasury bills on Wednesday, settled on Friday with the raising of 812.5 million euros, the Public Debt Management Agency (PDMA) on Friday announced that next week, on July 8, it will also auction 13-week T-bills to raise another €625 million. 

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WHAT'S ON

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Present | Athens | To End-September

The Stavros Niarchos Foundation Cultural Center (SNFCC) is hosting the open-air photography exhibition “Parontes” (Present), a stunning collection of 43 photojournalism projects capturing the unfolding drama of the coronavirus pandemic during the Greek lockdown.