Greek government-debt crisis
In an article published in Tuesday's Kathimerini, Finance Minister Christos Staikouras calls on his colleagues in the Eurogroup council of eurozone finance ministers to show solidarity as they convene on the same day and approve "a catalytic move that will offer a strong injection of liquidity to the economy."
The government will not touch the country's cash buffer and will announce fresh support measures next month, Finance Minister Christos Staikouras said on Friday, adding that the economy is expected to rebound considerably in the year's second half, moderating its annual contraction for 2020 to 3-4 percent.
"April may determine what the future will look like," Prime Minister Kyriakos Mitsotakis said on Thursday during a discussion in Parliament in Athens on new legislative measures to contain the impact of the coronavirus epidemic.
"Everything that has been done so far has brought reservedly optimistic results," he said, warning that the country needs to stay the course.
Piraeus Bank grew full-year 2019 net profit, helped by lower operating costs and higher net interest income, Greece's largest lender by assets said on Monday.
Piraeus Bank, which is 26.2 percent owned by the country's HFSF bank rescue fund, reported a net profit of 270 million euros after net earnings of 185 million in 2018.