ECONOMY

consumers-can-t-wait-to-start-spending-survey-shows
ECONOMY

Tavernas, concerts and travel are the main objectives in Greek consumers’ spending plans once those activities are allowed, given the lack of all but at-home entertainment due to the lockdown, according to a survey by the Research Institute for Retail Consumer Goods (IELKA).


register-to-be-able-to-bargain
ECONOMY

A Labor Ministry bill provides for the mandatory registration of unions of employers or employees if they wish to obtain the right of participation in collective negotiations.


[Reuters]
CONSUMER TRENDS

Rum, wine, whisky and beer saw the biggest rise in sales at Greece’s supermarkets in the first quarter of the year, a development attributed to the prolonged shutdown of bars and restaurants this year compared to last.


turkish-lira-leads-emea-losses-on-economic-woes
ECONOMY

The Turkish lira weakened on Monday as investor concerns grew over deteriorating economic conditions in the country, while stocks in emerging market suffered their worst drop in nearly three weeks as the corporate earnings season loomed.



Pedestrians walk along a harbour during sunset in Alimos, a seaside suburb of Athens, on Friday. [AP]
NEWS

With the next two months seen as pivotal to the recovery of the country’s finances, the government is banking on the longest possible duration of the tourism season and a June restart of the economy, without the need for continued injections of liquidity.