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Thursday
05
Nov 2026
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Athens 15°C

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Turkish lira extends post-crisis low as virus raises specter of deeper rate cuts

Policymakers will cut rates by at least 50 basis points to 10.25 percent, according to a Reuters poll published on Monday

High level Greek-German forum with Merkel-Mitsotakis

Great interest from German investors

Greek Stock Market crashes by over 10% on Monday

It is the 3rd times since February that the market dropped over 10%

Wall Street suspends trading as stocks drop by 8% on opening due to coronavirus

European stocks and crude oil were both down close to 10%

Coronavirus could mean back-to-back shocks for Turkey

“Unfortunately Turkey used all its artillery last year to stimulate growth ... and did not save for the rainy days”

Deadline for tax and social security obligations extended by 4 months, Greek FinMin says

Staikouras said priority had been given to the public health system

European Commission to release 37 billion euros to support EU27 states in light or coronavirus epidemic

The Commission said EU27 states would have maximum flexibility to address the problems

Athens Stock Exchange opening: Recovery

All individual sector indices were moving upwards with higher profits in Banks (+3.72 percent) and in Construction (+5.02 percent)

Global markets in panic amid coronavirus outbreak – Athens Stock market drops by over 10%

The ECB's decision to not cut rates exacerbated the uncertainty

Delphi Economic Forum announces new dates for 2020 session in Greece

"Our top priority remains the health and safety of our speakers, attendees, employees and citizens of the region in which we operate"

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