ΓΔ: 899.58 0.65% Τζίρος: 66.27 εκ. € Τελ. ενημέρωση: 17:20:03 ΣΤΟΙΧΕΙΑ ΑΓΟΡΑΣ

SHIPPING

ENGLISH EDITION

As Asia gets back to work, port shipping traffic backs up

According to shipping analysts, the first ships began receiving the above container shipments in early March and now (three weeks after) are heading to ports for delivery. These are orders that were submitted before factories in China and other Asian countries were closed and are being carried out as production resumes. However, meanwhile, and specifically in the last 10 - 15 days, economic conditions have changed dramatically in Europe and the US, with consumer demand dropping dramatically and the majority of stores shutting down. This led to buyers of Asian factory products, retailers, canceling many orders.
coronavirus_greece
ENGLISH EDITION

Greece's economic growth target for 2020 fades due to coronavirus 

Analysts, business and bank officials described the coronavirus as posing a serious risk to the macroeconomic environment, meaning that Greece is less likely to achieve its target for economic growth of 2.8 percent for this year. Experts point to a 0.1 percent cut to forecast global growth for this year by the IMF, which also reduced its estimate for China's economic expansion by 0.4 percent.