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Wednesday, 24 February 2021

Enhanced supervision report: Athens will take 11 bln€ in stimulus, support measures for 2021

The ninth consecutive enhanced supervision report on the Greek economy, compiled by the country’s institutional European creditors, foresees 11 billion euros in additional stimulus and pandemic support measures by Athens.…

Covid-19 outbreak: New single-day confirmed again drop under 2K; 28 related fatalities on Wed.

New single-day confirmed Covid-19 infections fell under the 2,000-mark in Greece on Wednesday (1,913), a day after surging on Tuesday. New related fatalities reached 28, while the number of patients…

Tuesday, 23 February 2021

Top defense attorney for jailed actor-director says prosecution witnesses are ‘professional homosexuals’

Greece’s best-known criminal attorney, Alexis Kougias, has assumed the defense of former national theater director Dimitris Lignadis, who remains in custody after he was arrested over the weekend for alleged…

FinMin: Pandemic lockdown costs Greek economy as much as 3 bln€ per month

Greek Finance Minister Christos Staikouras, in comments to news radio on Tuesday, said a universal lockdown in the country as a result of the Covid-19 pandemic translates into losses of…

Covid-19 outbreak: Significant spike in number of new single-day confirmed instances on Tues; 2,147 infections

A significant spike in the number of new single-day confirmed instances of Covid-19 were reported on Tuesday, with the figure not only exceeding the 1,000-mark but edging over 2,000 –…

Monday, 22 February 2021

Piraeus Port Authority reports nearly 11% drop in turnover for 2020, due to pandemic recession

Turnover dropped in Covid-battered 2020 as reported by the Piraeus Port Authority (PAA), compared to 2019, with 132.9 million euros posted, compared to 149.2 million euros the previous year, a…

Prosecutor’s office begins probe over allegations that jailed actor-director assaulted refugee minors

The head of the Athens first instance prosecutor’s office has commenced an investigation into allegations against jailed actor-director Dimitris Lignadis – mostly aired in the local press – of sexual…

Covid-19 outbreak: 880 new confirmed single-day cases; 24 fatalities; 346 intubated patients

New confirmed single-day instances of Covid-19 remained under 1,000 on Monday – covering the previous 24-hour period – although the number of acute cases treated in hospital ICUs remained at…

Saturday, 20 February 2021

Actor-director at center of ‘MeToo’ pedophile allegations arrested by police in Athens

The noted actor-director at the center of an ongoing furor in Greece regarding allegations of pedophilia and abuse of teenage boys was arrested on Saturday, hours after he voluntarily appeared…

Friday, 19 February 2021

PM comments on charges of sluggish state response to snow storm; swirling furor over ‘MeToo’ allegations involving ex-national theater head

Greek Prime Minister Kyriakos Mitsotakis on Friday touched directly on two abrupt furors dominating the national limelight this week, both of which continue to offer plentiful fodder to the political…

Covid-19 outbreak: Higher single-day confirmed cases, ICU numbers and fatalities on Fri. from previous day

More new single-day confirmed Covid-19 cases were reported on Friday, compared to the previous day, 1,460 to 1,400.   At the same time, the number of intubated patients treated for…

Greek govt announces extension of business loan subsidization program until Oct. 2022

The Greek government on Friday announced an extension of the “Heracles plan” to reduce NPLs in the country, with the extension lasting until October 2022. Relevant Finance Minister Christos Staikouras…

Wednesday, 17 February 2021

Top gov’t meeting focuses on promotion of one-billion-euro RWE investment in Greece for renewable energy projects

A major investment by German energy multinational RWE in western Macedonia was the focus of a top ministerial meeting on Wednesday, chaired by the prime minister, in fact. Besides Premier…

Acropolis shines amid a winter wonderland backdrop in Athens this week

A harsh – by Greek standards – cold front may have caused power outages and closed roadways in parts of the country, yet it also provided an exceptional backdrop for…

Covid-19 outbreak: New cases down on Wed., along with related fatalities; higher ICU cases

New single-day Covid-19 infections eased considerably on Wednesday, compared with the previous day, with 755 reported over the past 24-hour period, down from 1,121 on Tuesday. Conversely, acute Covid-19 cases…

Tuesday, 16 February 2021

Total Pfizer-BionTech vaccinations in Greece near 576K mark

Slightly more than 20,000 inoculations with the Pfizer-BionTech vaccine were conducted in Greece on Tuesday, a lower figure than in previous days, mostly due to the cancellation of vaccinations in…

Cold front blankets much of Greece with snow; major highway closes, power outages reported

The most severe winter storm of the season blanketed much of the Greek mainland and several islands of several feet of fresh snow on Tuesday, causing widespread problems in terms…

Covid-19 outbreak: Higher single-day confirmed cases, ICU numbers and fatalities on Tues. from previous day

New confirmed single-day Covid-19 instances again exceed the 1,000-mark on Tuesday, after dropping into the 600s over previous days. Specifically, 1,121 new confirmed cases were reported, almost doubling the figure…

Greek PM to Bloomberg: Situation will be much improved in Greece by April

Greek Prime Minister Kyriakos Mitsotakis on Monday reiterated his proposal for a EU-wide vaccination certificate, in an interview with Bloomberg Television, as the initiative is being promoted by center-right Greek…

Season’s heaviest snow storm blankets much of Greece

The season’s heaviest snow storm continued to cause weather-related problems across mainland Greece on Monday, with many communities cut off, power outages reported in some areas – including islands –…

Monday, 15 February 2021

Covid-19 outbreak: Single-day confirmed infections ease on Mon., along with ICU cases, related fatalities

The number of new single-day confirmed Covid-19 infections reached 698 in Greece on Monday, a lower figure than over the previous week, mostly likely due to lower tests the previous…

Saturday, 13 February 2021

Covid-19 outbreak: Single-day confirmed infections reach 1,222 on Sat.; small increase in ICU cases

New single-day confirmed instances of Covid-19 reached 1,222 on Saturday, with nearly half (561) reported in the greater Athens area, and another 53 in isles close to Athens. The total…

Thursday, 11 February 2021

PM again officially extends invitation to Prince of Wales to attend bicentennial Greek War of Independence commemoration

Greek Prime Minister Kyriakos Mitsotakis spoke with the Prince of Wales, Charles, on Thursday, with the former again extending an official invitation to the heir to the British throne to…

Greece hosts ‘Philia Forum’ in Athens with FMs from Bahrain, Cyprus, Egypt, France, Saudi Arabia and UAE

A joint communiqué signed at a seven-nation forum in Athens on Thursday – three EU states and four Arab countries – includes direct references to international law, the United Nations…

Covid-19 outbreak: Single-day confirmed cases ease on Thur. as stricter measures come in force in greater Athens area

New single-day cases of Covid-19 remained above 1,000 on Thursday, but reduced from the previous day. Specifically, 1,327 new infections were recorded, down by 169 from Wednesday. The number of…

Tuesday, 09 February 2021

Greece requests OK from ESM, EFSF to pay off 3.6bln€ in IMF loans before their maturity

Athens has sent letters to the European Stability Mechanism (ESM) and the European Financial Stability Facility (EFSF) requesting to pay off portion of 3.1 billion euros in loans extended by…

Greece, Israel agree to work on plan for easy travel of vaccinated tourists between them

Ever-closer Greek-Israeli relations advanced to yet a higher level this week during a visit by the Greek premier to the Mideast country, with both sides agreeing to work on a…

Greek PM announces stricter pandemic measures in greater Athens area

Surging, by Greek standards, coronavirus-related figures over the past week were cited by Greek Prime Minister Kyriakos Mitsotakis on Tuesday afternoon to announce a stricter lockdown in the greater Athens.…

Nearly half of single-day Covid-19 instances, mutations reported in greater Athens area

A total of mutated strains of the SARS-CoV-2 virus, the so-called “British strain”, have been detected in Greece, with the highest percentage in the greater Athens area. Another six instances…

Economic damages of Covid-19 lockdown on Greek economy estimated at 2.4bln€ per month

By T. Tsiros [email protected] The monthly cost of the ongoing lockdown for the Greek economy is estimated at 2.4 billion euros, according to the country’s relevant finance ministry, with the…