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Tuesday, 22 June 2021

First deal for retail park at Helleniko site

The first commercial deal – excluding a casino resort – with an actual brand name behind it at the now looming Helleniko privatization was announced on Tuesday, with the project’s…

Monday, 21 June 2021

Covid-19 outbreak: First time in several months that intubated patients below 300 in Greece

The number intubated patients suffering from Covid-19 dropped to below 300 in Greece on Sunday, the first time after several months. Specifically, the number of patients treated in ICUs for…

Friday, 18 June 2021

Global Ship Lease adds another 7 containerships to its fleet; 23 since Feb.

L. Karageorgos [email protected] Global Ship Lease continued its stepped up investment in containerships, announcing that it has added another four vessels this week, bringing the number of vessels purchased since…

Covid-19 outbreak: Continued drop in intubated patients on Fri.; related daily fatalities 20

A further reduction in the number of intubated patients being treated in hospital ICUs for Covid-19 was reported in Greece on Friday, down to 307 from 321 the previous day.…

Pilot to who confessed to wife Caroline Crouch’s murder remanded in custody on homicide charge

The 32-year-old commercial pilot who on Thursday confessed to smothering to death his wife, Caroline Crouch, 20, last month outside Athens and then blaming the homicide on a “home invasion”,…

Bioethics com’t in Greece recommends obligatory ‘jabs’ only as last-ditch measure, and only for specific pro groups

A recommendation by a national bioethics and techno-ethics – urgently requested by the Greek government – calls for obligatory Covid-19 vaccinations only as a “last ditch” measure and then only…

DBRS: Primary scenario for Greece 5% GDP hike in 2021 and 2022

The DBRS credit rating firm forecast a 5-percent increase in Greece’s GDP for 2021, the same forecast for 2022. The forecast is part of the main “scenario” for the Greek…

Covid-19 self-tests to be distributed by supermarkets in greater Athens area, Patras

The relevant Greek deputy health minister on Thursday announced that self-tests for the Covid-19 virus will be distributed by super markets in the greater Athens area (Attica prefecture) and in…

Thursday, 17 June 2021

Continued lower VAT rate for five eastern Aegean isles plagued by refugee/migrant crisis

The Greek government on Thursday announced, after the Eurogroup meeting in Brussels, a permanent decision to retain a lower VAT rate for five eastern Aegean islands plagued by the refugee/migrant…

Husband reportedly admits to UK citizen Caroline Crouch’s death, after ‘home invasion’ scenario collapses

The husband of murder victim Caroline Crouch on Thursday afternoon admitted that he smothered his wife to death last month, Greek police announced, while claiming that the man’s motive was…

Greek police request further clarifications from husband of home invasion victim Caroline Crouch

The husband of a 20-year woman asphyxiated to death last month during an apparent early morning home invasion last month has been called to police headquarters in Athens to provide…

Wednesday, 16 June 2021

Labor market liberalization bill passed by Greek Parliament; only govt majority approves

A draft bill liberalizing Greece’s labor sector was ratified on Wednesday, with a majority of 158 deputies – all from the ruling New Democracy (ND) party – voting in favor…

Lamda Development points to first concession payment to Greek state for Helleniko site on June 25

The last in a succession of legal challenges against the iconic Helleniko privatization fell by the wayside on Wednesday, essentially allowing for the transfer of real estate shares from the…

Covid-19 outbreak: Slow, but steady drop in number of intubated patients Wed., at 330

The number of intubated patients treated in hospital ICUs around Greece for Covid-19 eased to 330 on Wednesday, continuing a gradual but steady decrease. Another 13 related fatalities were reported,…

Tuesday, 15 June 2021

Covid-19 outbreak: 353 intubated patients in Greece on Mon.

The number of intubated patients treated in hospital ICUs in Greece for Covid-19 eased to 353 on Monday, with another 18 related fatalities reported. New single-day confirmed instances reached 472,…

Monday, 14 June 2021

Greece’s five-year bond posts historic negative yield on Mon.

Greece passed another post-bailout era milepost on Monday, as the country’s five-year bond yield fell below zero for the first time, following European Central Bank’s decision late last week to…

Mitsotakis-Erdogan meeting viewed by Athens as ‘ice breaker’; problems remain

“The meeting between (Greek PM) Kyriakos Mitsotakis and (Turkish President) Tayyip Erdogan was a first step towards a calm summer,” was the phrase repeated government sources on Monday afternoon after…

Friday, 11 June 2021

Greek govt spox: No issue of allowing the firing of employee refusing vaccination

The Greek government spokeswoman on Friday, in reply to a press question, reiterated that there was no issue of revising the legal framework in the country to allow the firing…

Covid-19 outbreak: Significant easing of related results on Fri.

Covid-19-related figures continued to ease in Greece, with results on Friday showing 791 new confirmed instances of the virus, 11 related fatalities and 375 intubated patients in hospital ICUs. The…

Νew head of Greece’s largest social insurance fund to tenured employees: Answer calls by citizens

The new head of Greece’s biggest social insurance fund, known as EFKA, commenced his tenure with laconic and stern warning to the organization’s tenured staff: “pick up the phones, we’re…

NBG analysts revise forecast for GDP growth in Greece, to 5.7% for 2021

The latest economic bulletin by the National Bank of Greece (NBG) features a revised, upwards, forecast for GDP growth in Greece for 2021, with the oldest financial institution in the…

Wednesday, 09 June 2021

New CC-like temporary IDs to be issued for asylum seekers, replacing printed booklets

Asylum seekers in Greece will be issued with new ID cards, beginning June 11, with so-called “smart cards” replacing the printed booklets, which are set to expire on June 30.…

Greek bond re-issue receives record-breaking over-subscription; re-offer yield at 0.888%

Greece raised 2.5 billion euros on Wednesday after reopening a 10-year bond auction, with demand 12 times the received amount. Finance Minister Christos Staikouras said the yield of the latest…

400K vax appointments for 25-29 age group to open in Greece

The Greek government on Wednesday announced that daily Covid-19 vaccinations again topped the 100,000-mark this week, while 23.7 percent of residents in the country have now received two doses. In…

Tuesday, 08 June 2021

Wide parliament majority approves Greece’s Covid ‘digital certificate’

A wide Parliament majority in Athens on Tuesday evening ratified a law enacting a Covid-19 “digital certificate” facilitating easier travel abroad for a holder. The bill was accompanied by a…

Greek PM promises ‘safe opening’ of tourism sector, by relying on ‘vax certificate’, mass use of self-tests

Greek PM Kyriakos Mitsotakis again promised a “safe opening” of the country’s all-important tourism sector, this time speaking at an online conference on Tuesday afternoon, pointing to use of tools…

Digital ‘time card’ in Greece expected in first half of 2022, according to gov’t

A so-called digital “time card” will be activated in three successive phases, according to Greece’s labor and social insurances ministry, following ratification of a wide-ranging draft law last week, which…

Greek PM: State considering mandatory Covid-19 ‘vax’ for public healthcare staff; elderly care unit employees

Greek Prime Minister Kyriakos Mitsotakis on Tuesday, during debate in Parliament over a draft bill ratifying a so-called Covid-19 “digital certificate”, announced that the state’s encouragement of vaccinations will be…

Greek PM: State considering mandatory Covid-19 ‘vax’ for public healthcare professionals, elderly care unit employees

Greek Prime Minister Kyriakos Mitsotakis on Tuesday, during debate in Parliament over a draft bill ratifying a so-called Covid-19 “digital certificate”, announced that the state’s encouragement of vaccinations will be…

Monday, 07 June 2021

Number of wage-earners on leave due to pandemic and eligible for monthly state subsidy drop by nearly half last month

Less than 271.000 wage earners on leave from their employment due to the Covid-19 pandemic will receive a special state subsidy for May 2021, a figure that is nearly half…