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Passenger traffic in Athens international airport plunges 61.35% in March

Passenger traffic in Athens International Airport plunged 61.35 in March, making the month the worst month in the history of the airport. The air transport sector has been harshly hit by the coronavirus pandemic, leading airlines to halt the flight schedule and put thousands of workers into unpaid leave. Passenger …

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Greek Public Power Company PPC at risk of “sudden death”, stocks -17.32%

Shares of Greece’s Public Power Corporation PPC plunged and recorded losses of -17.32 with the stock price at 1.728 at the end of Athens Stock Exchange session on Thursday’s following media reports about the tragic economic situation of the company. Greek PPC is reportedly looking for 300 million euros in …

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11:35 pm Athens Stock Exchange on Free Fall

Athens Stock Exchange is in free fall today, reacting negative to the Eurogroup decision to postpone the sixth bailout tranche, amounting 8 billion euro. Other factors influencing negative are the draft budget for 2012, the forecats for the  deficit for 2011, the negative outlook for the state deficit and the increasing debt. …

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