Reuters
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Germany plans to allow Europe travel from June 15
Germany plans to lift a travel ban for European Union member states plus Britain, Iceland, Norway, Liechtenstein and Switzerland from 15 June provided coronavirus infection levels in those countries allow it to do so, government sources said.
A further condition is that the countries concerned open their borders to holidaymakers, the sources said.
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Russia’s Gazprom Export signs long-term gas supply contract with Mytilineos
Gazprom Export, the exporting arm of Russian gas giant Gazprom on Monday said it had signed a long-term gas supply contract with Greek company Mytilineos.
Seacomber sanctioned by US over Venezuelan oil
The US Treasury Department said on Tuesday it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington's effort to oust socialist President Nicolás Maduro by cutting off the OPEC nation's crude exports.
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TUI halts foreign holidays from Britain till July 1
Travel operator TUI has canceled all foreign holidays for British tourists until July 1 due to the Covid-19 pandemic, sending shares in the German group down 6% on Friday.
March retail sales drop 3.1 pct y/y
Greek retail sales by volume dropped 3.1 percent in March compared to the same month a year ago after a downwardly revised 2.5 percent increase in February, statistics service ELSTAT said on Friday.
Retail sales were led lower by books and stationary, fuels, lubricants and tobacco and food products, the data showed.
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Lagarde: Eurozone economy to shrink between 8% and 12% in 2020
The eurozone economy is likely to shrink between 8% and 12% this year as it struggles to overcome the impact of the coronavirus pandemic, European Central Bank President Christine Lagarde said on Wednesday.
EU to propose Italy, Spain get lion’s share of recovery fund, official says
The European Commission will propose on Wednesday that Italy and Spain - the countries most affected by the coronavirus epidemic - get the lion's share of a new recovery fund offering a mix of grants and loans, a senior EU official said.
‘Swedes barred when Cyprus opens up’
Excluding Sweden from moves to open borders across the Nordic region as it recovers from the coronavirus pandemic would be a political decision and not justifiable on health grounds, Foreign Minister Ann Linde said on Tuesday.
Media in Sweden have raised concerns that Swedes could be excluded as curbs on travel are relaxed, both in the Nordic region and elsewhere in Europe.
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Greek credit expands 0.7 pct y/y in March
Total credit in Greece's banking system expanded 0.7 percent year-on-year in March after a 1.0 percent decline in the previous month, Bank of Greece data showed on Friday.
[Reuters]
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Current account deficit shrinks in March, y-o-y
Greece's current account balance showed a smaller deficit in March compared to the same month last year, on the back of improved trade and primary income account balances that offset a smaller services surplus, the Bank of Greece said on Thursday.
Central bank data showed the deficit at 1.106 billion euros from a deficit of €1.538 billion in March 2019.
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