Debt crisis

Privatisation agency chief to step down

The chairman of Greece's privatisation agency will step down later this week after his three-year term came to an end last month, the agency said on Monday.

Aris Xenofos, who took on the job in 2017, has overseen a number of major privatisations, including extending a concession for the operation of Greece's largest airport, Athens International Airport.

Greek economy expected to shrink by 5-10 pct this year, says finance minister

The Greek economy, hit by coronavirus restrictions, is expected to shrink by 5-10 percent this year, the country's finance minister said on Saturday.

"It seems we have been settling at a range of between 5 and 10 percentage points," Finance Minister Christos Staikouras told Open television station.

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