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Thursday, 21 May 2020

Moderate quake, 5.9R, more than 200km off southern Greece

A moderate earthquake measuring 5.9  on the Richter scale was recorded at 02.43 (00.43 GMT) in a sea region 238 kilometers south, southwest of the harbor town of Pylos, itself…

Tuesday, 19 May 2020

Reuters: Greece considering cut in VAT rate for F&B sector, part of plan to jump-start tourism season

The Greek government is preparing to lower VAT rates for cafes and eateries, Reuters reported on Tuesday, part of an overall effort to jump-start and salvage the current coronavirus-blighted summer…

Mixed picture for Greek wine exports in 2019; down in EU, up in third countries

The wine exports sector was mixed in 2019, showing reduced volume and value for exports to the EU, 16.09 and 9.38 percent, respectively, but higher sales to third countries, up…

Cosco-managed Piraeus Port Authority reports higher profits, boasts of being top container port in Med

Turnover for the Cosco-managed Piraeus Port Authority reached 149.2 million euros in 2019, up from 132.9 million from the previous year, an increase of 12.3 percent, while the net result…

Covid-19 outbreak: No fatalities reported on Mon.; only 4 new instances – Top expert supports reopening of primary schools

Only four new coronavirus infections were reported in Greece on Monday, with no related fatalities recorded. As such the number of confirmed instances of the Covid-19 virus reached 2,840. Additionally,…

Monday, 18 May 2020

Greek gov’t studies German ‘Κurzarbeit’ employment subsidy model to avoid layoffs, wage cuts in post-Covid-19 period

The second phase of emergency financial support extended by the Greek government to wage-earners and businesses, amid the ongoing corona virus pandemic, will come next month, with reports in Athens…

Sunday, 17 May 2020

Covid-19 outbreak: Death toll, total infections in Greece only marginal up, as curve ‘flattening’

The death in Greece from the ongoing coronavirus pandemic reached 163 as of Sunday, one higher than the day earlier. Moreover, 15 more SARS-CoV-2 infections were reported, bringing the total…

Gov’t dismisses more media speculation over Cabinet reshuffle

Government sources over the weekend denied any prospect of a cabinet reshuffle, simply noting that such a development in incompatible amid a crisis – a reference to the ongoing coronavirus…

Covid-19 outbreak: Archaeological sites to reopen across Greece on Mon.

Archeological sites across Greece, including the emblematic Acropolis in central Athens, as well as the main attractions across in the provinces, such as ancient Olympia, Mycenae and Delphi, will reopen…

Thursday, 14 May 2020

Mitsotakis: Greek tourism season as of July 1; ‘we want greater share of much smaller pie’

Greek Prime Minister Kyriakos Mitsotakis said his government’s planning envisions a tourism season for the eastern Mediterranean country beginning on July 1, as coronavirus restrictions – both in Greece and…

Last legal obstacle cleared for Piraeus Tower concession

Finishing construction and finally opening the  port city of Piraeus’ lone high-rise tower, a worksite essentially  abandoned since the mid 1970s, has received a “green light” by the Court of Audit, an…

Covid-19 outbreak: Confirmed infections in Greece at 2,770; death toll at 156

Ten new confirmed instances of the coronavirus were reported in Greece on Thursday, bringing the total to 2,770, a figure thankfully on the very low end of infections among European…

40-year Alimos marina concession awarded to Aktor Concessions

A concession contract was signed this week between the Hellenic Republic Asset Development Fund (HRADF), Greece’s privatization agency, and Aktor Concessions S.A.  for the 40-year lease to the Alimos marina in…

Wednesday, 13 May 2020

Greek fruits-vegetable exports skyrocket in Q1 2020, compared to same quarter in 2019

Greek fruit and vegetable exports skyrocketed in the first month quarter of 2020, compared with the same period in 2019, according to the country’s statistics authority, ELSTAT, which were processed…

Covid-19 outbreak: Death in Greece on Wed. rises to 155

Another three fatalities related to SARS-CoV-2 were reported in Greece on Wednesday, bringing the death toll in the east Mediterranean country to 155, still very low by comparison to larger…

Greek, Israeli officials discussing coronavirus-related protocol, framework for mass tourism in coming season

Greek and Israeli officials have reportedly commenced deliberations to finalize details for a protocol of cooperation allowing Israeli holiday-makers to easily vacation in Greece this coming summer season, even as…

Public health units again converge on central Greece settlement due to Covid-19 outbreak; 2 recent irregular migrants also test positive

A major operation by public health and civil defense authorities was underway at a gypsy camp just outside the central Greek city of Larissa, after several instances of the coronavirus…

VAT rate reductions, across-the-board, expected in Greece in order to stimulate tourism, F&B sectors

Two of Greece’s economic mainstays, the tourism and the food-and-beverage sectors, are at the forefront of the government’s soon-to-be-announced stimulus measures, mainly direct and indirect tax reductions.  The primary “tool”,…

Tuesday, 12 May 2020

Covid-19 outbreak: Total confirmed infections reach 2,744 in Greece; death toll at 152

Total confirmed coronavirus infections in Greece reached 2,744 as of Tuesday, with a sole fatality added over the previous day, bringing the death toll to 152. Eighteen new instances of…

Greek govt to recommend renewal of current central banker Yannis Stournaras’ tenure

The Greek government on Tuesday announced that it will recommend a renewal of current Bank of Greece (BoG) Gov. Yannis Stournaras tenure as head of the country’s central bank. A…

Monday, 11 May 2020

Covid-19 outbreak: No new fatalities reported in Greece; confirmed cases still low, at 2,726

Total confirmed cases of Covid-19 in Greece reached 2,726 as of Monday, while the day was characterized by no new related deaths from a day earlier, and with the death…

Friday, 08 May 2020

Mitsotakis rescinds state’s appeal of court ruling ordering compensation linked with death of Marfin employees in 2010

The Greek state will withdraw its high court appeal of an appellate court’s compensation to relatives of three victims who died when an Athens bank branch was firebombed during a…

Survey commissioned by EU Competition watchdog says Greece has most expensive mobile data rates

Greece remains one of the most expensive countries in the EU for mobile phone data,  according to figures unveiled this week in a European Commission report on the digital economy…

Reuters: Eurogroup OKs cheap credit line for members hardest hit from coronavirus

Reuters on Friday afternoon reported that euro zone ministers have agree over a 240-billion-euros credit line to support the hardest hit member from the Covid-19 pandemic. The news agency quoted…

Greece’s high court says daily morning prayer, pupils’ church-going legal, constitutional

A plenum of Council of State (CoS) justices, the highest administrative court in Greece, on Friday ruled that church-going by elementary school and kindergarten pupils is constitutional and legal. The…

Covid-19 outbreak: Death toll in Greece still in low single digits, 150, as of Friday

Confirmed Covid-19 infections in Greece rose by 13 and reached a total of 2,691 on Friday, while the death toll reached 150, one of two fatalities recorded in a 24-hour…

Former Greek health minister, distinguished cardiologist Dimitris Kremastinos, 78, falls victim to Covid-19

The most high-profile victim of the Covid-19 pandemic in Greece was reported on Friday, with former health minister and medical professor Dimitris Kremastinos succumbing after a hospitalization of nearly six…

Thursday, 07 May 2020

Covid-19 outbreak: 2,678 confirmed infections in Greece as of Thurs; death toll rises by one, to 148

Confirmed Covid-19 infections reached 2,678 on Thursday, higher by 15 from the previous day. The  death toll rose by a single fatality, bringing the number to 148.   Of the infected…

Hard Rock appeal in Helleniko gaming tender reportedly dismissed by high court; sole offer now ready to open

An appeal by Hard Rock International against a decision to disqualify it from an international tender for the Helleniko casino concession has reportedly been thrown out by the Council of…

South Aegean region head floats idea of ‘quarantine hotels’ in order to salvage 2020 tourism

Regional governors around Greece met via teleconference on Wednesday, with one eyebrow-raising proposal being for the creation of so-called “quarantine hotels” in well-known tourism areas. According to the proposal, made…