OpenCalais Metadata: Ticker
The head of the Eurogroup Mario Centeno said on Monday he expected the impact of the coronavirus outbreak on the eurozone economy to be temporary.
"We expect it to be a temporary effect," Centeno told reporters in Brussels, adding that the EU should carefully assess developments also for the long-term. [Reuters]
Greece will kick off the sale of a minority stake in power distribution operator HEDNO in September, Energy Minister Kostis Hatzidakis said on Friday.
Speaking on the sidelines of the signing of a loan agreement between the European Investment Bank (EIB) and PPC, Hatzidakis told reporters that the sale process for a 49% stake will begin in September.
Air China will cancel flights to Athens, Greece, from Feb. 17 to March 18 as a precaution to stem the coronavirus outbreak, an Air China company official in Greece said on Wednesday.
"The reason is public safety because of the coronavirus and there are operational reasons as well," an officer at the airline's Athens office said.
Greece's benchmark 10-year government bond yield fell below 1 percent for the first time on Wednesday, marking a milestone for a country bailed out three times in the last decade.
The Greek 10-year bond yield fell to as lows as 0.992 percent, Tradeweb pricing showed GR10YT=TWEB, dropping below 1 percent for the first time ever.
The coronavirus outbreak poses a "very grave threat for the rest of the world", the head of the World Health Organization (WHO) said in an appeal for sharing virus samples and speeding up research into drugs and vaccines against a new type of coronavirus, which has killed more than 1,000 people so far.