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Building housing Ministries of Finance, Investment evacuated after visitor tested positive

The building housing the ministries of Finance and of Investment & Development was evacuated on Thursday in order to be disinfected from a possible coronavirus contamination. the evacuation came after a foreign investor who visited the building on Wednesday was confirmed positive to Covid-19. The building is located on Nikis …

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PM Tsipras explains how to finance salaries of 10K priest and 10K civil servants

The announcement that 10,000 new civil servants will be hired after 10,000 priest will be removed from the state payroll has created a lot of confusion. How will Tsipras will finance the wages for so many civil servants if the state will keep subsidizing the priests wages? In an interview …

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EIB and HSBC partner for trade finance of SMEs in Greece

The European Investment Bank (EIB) has partnered with HSBC to provide a wholesale facility for trade finance to Greece’s SMEs.  The €134m (£118m) package will be channelled to SMEs by the National Bank of Greece and Piraeus Bank. EIB, HSBC, Citibank and Commerzbank will provide credit guarantees. Other banks are …

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