ENGLISH EDITION

ENGLISH EDITION

IMF: Greek debt sustainable but risks rise

The main problems for the Greek economy are, firstly, tourism and, secondly, bad loans and mainly the creation of new ones, due to the crisis caused by the coronavirus pandemic.

01 Δεκ 2020 07:50

ENGLISH EDITION

Bank shares soar 60% on Athens bourse 

As of November 6, the profits of the banking index exceed 60%, while a jump of 23.6% has been recorded by the General Index, an increase accompanied by a large increase in trading activity.

27 Νοε 2020 12:03

ENGLISH EDITION

Global tourism to keep hurting until 2024

The picture looks worse in the business travel industry, where bookings in 2021 are expected to be 48.8% less than in 2019, 20% less in 2022, 10% less in 2023, but also 5% less in 2024. It is clear that the impact of the pandemic on business travel will be more permanent, as many executives now commonly meet digitally with colleagues, clients and associates living in another country.

26 Νοε 2020 16:08

ENGLISH EDITION

Hybrid hotels appeal to visitors amidst pandemic

They are furnished apartments, which also offer hotel services, such as cleaning, laundry, breakfast, gym, while also having shared dining areas.

25 Νοε 2020 17:21

ENGLISH EDITION

New plan from Piraeus Bank to slash bad debt

2021, according to what CEO Christos Megalou told analysts yesterday, will be a key year for reducing non-performing exposures, which is estimated to reach 12 billion euros in total.

24 Νοε 2020 13:40

ENGLISH EDITION

Millions of card transactions missed due to National Bank system glitch

According to Business Daily sources, the problem concerns about 200,000 credit and debit cards with which more than 6 million transactions made from the summer of 2019 to the summer of 2020, the total value of which is close to 200 million euros.

23 Νοε 2020 13:02

ENGLISH EDITION

How the Ellaktor rescue plan fell down a black hole

The change4Ellaktor initiative of the two businessmen had beaten the side of Leonidas Bombolas and Dimitris Koutras.

20 Νοε 2020 15:48

ENGLISH EDITION

Insufficient telecom networks spell out problems for e-learning

According to data from speedtest.net, in October Greece was the 94th country in the world in connection speeds through the fixed network, with the download speed being measured at only 31.89 Mbps, even lower than the connection speed through mobile network, which reached 41.16 Mbps in the same month.

20 Νοε 2020 07:41

ENGLISH EDITION

What S&P sees for Greek banks in 2021

In its forecast for the economy, S&P appears relatively optimistic, predicting that GDP will shrink by 9% this year and will recover by 6.8% in 2021.

18 Νοε 2020 11:32

ENGLISH EDITION

What is behind the winter rally in bank shares

Expectations for a return to normalcy, following the positive developments on the vaccine front. The faster return of economies to normalcy will allow for more efficient management of loans where payments have been temporary frozen on debt reaching 20 billion euros.

17 Νοε 2020 13:59

ENGLISH EDITION

Athens struggles to draw digital nomads

With remote working becoming the norm these days, competition between countries to attract digital workers is rising. This is a fast emerging lucrative market that offers many benefits to local economies as the future of tourism remains uncertain.

16 Νοε 2020 13:57

ENGLISH EDITION

Aegean flies through turbulent times but capital reserves hit

Key question, which will be answered in coming months, whether it will need a capital boost after having used up 60% of its capital in the first half of the year.

13 Νοε 2020 15:58