Olympiakos went down at Fenerbahce on Thursday in a game it should have won in Istanbul given its double-digit lead, while Panathinaikos chalked up a hard-fought win over the Russians of Unics on Friday at home thanks to a buzzer-beating shot by Mike James.
The Bank of Greece is sticking to its forecast which sees the economy expanding 2.5 percent this year, according to its annual report presented yon Friday by Governor Yannis Stournaras, though he warned that the economy will face a series of uncertainties unless an agreement is reached swiftly by the government and the country’s creditors.
The anticipation of the start of talks between the government and the country’s creditors next week, as well as the long weekend – that saw many traders cut their week short – resulted in a particularly quiet session on the local stock market on Friday, with a mixed picture dominated by sliding banks and rising small-caps.
The Southern Gas Corridor will start pumping gas from the Caspian Sea to Europe by 2020, its backers say, despite the risk of delays to this option for reducing dependence on Russia.
Around half of Germans are against granting debt relief to Greece and around three in 10 want it to quit the eurozone, a survey showed on Friday.
A few days after the latest round of Cyprus peace talks stalled, President Nicos Anastasiades said on Friday that he believed Turkish-Cypriot leader Mustafa Akinci would not return to the negotiating table before a constitutional referendum scheduled to be held in Turkey in April.
People shop for fresh fish and seafood at Athens’s central Varvakeios Market Friday, in preparation for the Clean Monday holiday, which marks the start of Lent ahead of Greek Orthodox Easter on April 16. The holiday is expected to prompt thousands of city-dwellers to head to their family villages and on weekend breaks, prompting traffic authorities to ramp up patrols on the national highway network amid concerns of traffic accidents due to high spirits on Carnival Sunday and overindulgence on Monday’s feast day. [ANA-MPA]
UK-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial market, industry sources involved say.
With representatives of Greece’s international creditors due to return to Athens next week for the resumption of bailout negotiations, Finance Minister Euclid Tsakalotos is expected to confer with government officials over the weekend.
After accusing the government of a “pogrom” this week, the Panhellenic Federation of Public Hospital Workers (POEDIN) filed a lawsuit on Friday at the Supreme Court against hospital directors across the country.