BUSINESS Retail blackwhite_friday_web

A Black Friday like no other


From food delivery companies to air carriers, a wide range of firms participated in this year’s Black Friday promotional event, which was unlike any other to date as orders, bookings etc were almost exclusively made online.

BUSINESS Finance eurogroup_roundtable_web

Eurogroup is seen nodding for tranche


The latest enhanced surveillance report of the European Commission on Greece is “very positive,” according to a senior official at the European Union’s executive arm, and “should constitute the basis for the approval of the fourth tranche for the easing of Greece’s debt.”

BUSINESS Cyprus ebrd2_web

EBRD to end mandate in Cyprus in 2020

The European Bank for Reconstruction and Development (EBRD) said on Thursday it will end its engagement in Cyprus at the end of this year after completing a six-year mandate in which it invested about 600 million euros. 

BUSINESS Employment empty_office_web

Remote working extended until Dec. 31

A joint ministerial decision allowing private sector employers to work from home, a measure that was implemented in the past few months by many businesses as a way to curb coronavirus infections, has been extended until December 31.

BUSINESS Banking depositor_web

Deposits keep rising in pandemic


Bank deposits recorded a new 2.5-billion-euro increase last month, as the economic support measures are helping to strengthen the liquidity of households and enterprises, according to data issued on Thursday by the Bank of Greece.

BUSINESS Economy retail_web

Greeks prepped for second wave


Greek consumers chose in September to purchase cars to avoid using public transport and computers to be equipped for teleworking and online classes, in a behavior pattern showing that they probably anticipated the second wave of the pandemic this fall.



Keeping children in touch with school


Sofia Roboli records sign language lessons that are broadcast on public television, at an elementary school in Athens, Friday. Most other European countries have vowed to keep schools open, but the pandemic has hit Greece hard for the first time in recent weeks following a successful lockdown in the spring, overwhelming hospitals in parts of the country. State television is making and broadcasting lessons, while teachers sit in empty classrooms talking to remote students. Despite some problems, they say it keeps children in touch with their schools. [Thanassis Stavrakis/AP]