BUSINESS Finance euros_50_web

Deadline is extended for loans to firms

The Finance Ministry decided on Thursday to extend the deadline for applications for state support to enterprises, known as the “Deposit To Be Returned,” until April 21, as numerous small businesses have not managed to collect the necessary documents.

BUSINESS Banking ecb_and_euro_sign_web

Double challenge for local banks

EVGENIA TZORTZI

The Greek credit system is faced with a double challenge in tackling the economic crisis caused by the coronavirus pandemic: Besides managing the new generation of bad loans, the banks will have to serve as the catalyst for the economy’s emergence from the crisis, channeling the necessary cash flow into the market.

BUSINESS Taxation athena315240-2

Landlords set to get ENFIA cut

PROKOPIS HATZINIKOLAOU

The government is considering a 25 percent discount on this year’s Single Property Tax (ENFIA) dues for owners who will suffer a loss in income following the state’s decision to reduce the rents paid by corporations and households suffering directly as a result of the coronavirus restrictions by 40 percent.

BUSINESS Stocks stock_market_ghost_web

ATHEX: Index climbs 12.3 percent in one week

The bourse ended the trading week on Thursday with a mixed session – after some early gains – that concluded with losses for the benchmark and mid-caps slide while blue chips and a large number of other stocks headed higher.

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IN IMAGES

Litany on Mount Athos against Covid-19

litany_web

Orthodox monks carry the holy icon of Axion Esti during a litany against the coronavirus pandemic, in Karyes, at the monastic community of Mount Athos, in northern Greece, on Wednesday. According to measures imposed by the government to stem the spread of the virus, religious services for all faiths may be carried out behind closed doors by a single religious representative and no more than three assistants. Services may be broadcast live on television, radio and the internet. [EPA]