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Tuesday, 21 April 2020

Covid-19 outbreak: 2,401 confirmed infections, 121 deaths in Greece as of Tues.

A total of 2,401 confirmed instances of coronavirus infections were reported in Greece as of Tuesday, including 150 positive results among a group of asylum seekers from Sub-Saharan Africa being…

Covid-19 outbreak: Reports claim dozens of infections detected at SE Greece hotel hosting 3rd country asylum seekers

Greek authorities, including the relevant civil protection deputy minister, were urgently dispatched to a hotel used as a migrant shelter in southeastern Greece, near the town of Kranidi, after reports…

Latest QCM report takes scathing aim at Akazoo music live-stream provider

The latest Greece-based listed multinational to come into the “sights” of asset management firm Quintessential Capital Management (QCM) is music live-stream provider Akazoo S.A., with the latter alleging overinflated numbers…

DBRS cites positive development of debt servicers’ entry into Greek market, projected reduction in NPLs

A report by DBRS this week points to a positive development in the entry of debt servicers into Greece’s banking and credit sector, with the prospect of a reduction in…

Monday, 20 April 2020

Covid-19 outbreak: 116 fatalies in Greece out of 2,235 confirmed cases of infection

The death toll in Greece from the coronavirus pandemic reached 116, as of Monday, a day after Orthodox Easter Sunday, with confirmed infections at 2,235, up only by 10 over…

Covid-19 outbreak: Greece apparently faring better than global, EU averages in terms of fatalities, infections

Greece’s ranking in the macabre global standings of coronavirus-related deaths appears to be improving, both in absolute terms as well as in the number of fatalities per million of residents.…

Sunday, 19 April 2020

Hellenic coast guard releases video it says shows Turkish patrol boat accompanying irregular migrants towards Greek waters

The Greek coast guard on Saturday released video footage showing what it called an attempt by two Turkish patrol boats attempting to shepherd an inflatable craft loaded with would-be migrants…

Covid-19 outbreak: 113 deaths in Greece; lockdown strictly enforced amid Orthodox Easter weekend

The number of Covid-19-related deaths in Greece reached 113 over the weekend, which was Holy Saturday and Easter Sunday in the east Mediterranean country, while the number of confirmed infections…

Friday, 17 April 2020

Greek govt says any relaxation of Covid-19 restrictions will be gradual, not automatic

An extension of the current strict restrictions on public movement and assembly in Greece are in place at least until 27 – a period covering both the ongoing Orthodox Easter…

Thursday, 16 April 2020

Bridge Tank: Greece rates first in flattening Covid-19 curve in Europe

Greece is given an enviable first-place showing, among European countries, in terms of flattening the coronavirus epidemic curve, according to a report compiled and published by the Bridge Tank organization.…

Greek govt stiffens coronavirus restrictions ahead of Orthodox Easter Sunday, annually the peak of springtime exodus from cities

The Greek government on Thursday announced even stricter restrictions and heftier fines for violations on coronavirus restrictions against non-essential movement and public assemblies, amid Easter Week in the predominately Orthodox…

Covid-19 outbreak: Fatalities in Greece at 105; 2,207 confirmed cases in population of roughly 11 mln

The number of confirmed coronavirus cases in Greece reached 2,207 on Thursday, which is Holy Thursday of Easter Week in the country, with the number of related deaths at 105.…

Wednesday, 15 April 2020

Athens pleased with latest foray into markets; 7-yr bond closes at 2.05%

The Greek government appeared satisfied with its foray into the markets on Wednesday with a seven-year bond, all amid a tenuous global situation with the coronavirus pandemic. According to Greek…

Greek Power Transmission Operator unveils 10-year, 4.3bln€ plan to connect all islands with mainland grid

Greece’s Independent Power Transmission Operator (ADMIE) this week unveiled an outlay of 4.3 billion euros over the 2021-30 period to connect all of the country’s numerous islands with the mainland…

Covid-19 outbreak: Only marginal increase in confirmed infections, fatalities in Greece

Confirmed coronavirus infections and related deaths increased only marginally in Greece on Wednesday from the previous day, increasing optimism in the east Mediterranean country that the pandemic is being contained…

Tuesday, 14 April 2020

Athens signals intent raise capital this week with 7-year bond issue

Athens this week signaled that it will foray into the markets to raise capital from a seven-year bond, deemed as an effort exploit still favorable yields and to avoid dipping…

Covid-19 outbreak: 101 related fatalities in Greece as of Mon.; only 25 new infections since Sun.

The death toll  in Greece from the coronavirus outbreak finally exceed the 100-mark on Monday, roughly a month after extensive restrictions were imposed on non-essential movement and public assembly in…

IMF forecasts devastating recession for Greece in coronavirus-stricken 2020, implosion of 10%

A much-anticipated report by the IMF on Monday points to a nightmarish forecast of deep recession for Greece in 2020, with the economy expected to shrink by 10 percent of…

Poll: Strong support for Greek govt’s handling of pandemic; visit to hair salon ranks as No. 1 choice after end of ‘lockdown’

The Greek government’s handling of the ongoing coronavirus pandemic is apparently judged as satisfactory by a wide majority of Greek citizens, according to results of an opinion poll released on…

Monday, 13 April 2020

‘Ro ro’ vessels also looking for long-term mooring off Elefsina

The devastating effects of the ongoing coronavirus pandemic on the global economy is, expectedly, having a negative effect on shipping, with at least 10 “ro ro” vessels (roll-on, roll-off) already…

Covid-19 outbreak: Slowing rates of infection, fatalities at 99; extra bonus for long-term jobless

Confirmed Covid-19 infections in Greece reached 2,145 as of Monday, with the number of related fatalities just one shy of 100, at 99 – up by one from the previous…

Friday, 10 April 2020

Roma settlement in central Greece quarantined after 20 Covid-19 infections confirmed

A region in central Greece outside the city of Larissa, including an entire Roma (gypsy) settlement, has been placed on quarantine after a 32-year-old resident was found positive to the…

Covid-19 outbreak: 2,011 confirmed cases in Greece, 90 deaths

Greece reported a total of 2,011 cases of confirmed coronavirus infections as of Friday, with nearly two dozen new infections detected at a Roma (gypsy) camp in the central province…

Covid-19 outbreak: Schools to remain closed in Greece until at least May 10, ministry sources

Schools in Greece will remain closed until at least May 10, according to education ministry sources on Friday. The measure is part of strict restrictions in place in the east…

Piraeus, Attica chambers head Korkidis on Eurogroup deal: Satisfactory funds from individual euro-tools, but no common EU solutions

The president of the Piraeus Chamber of Commerce and Industry, Vassilis Korkidis, said Thursday’s compromise decision by the Eurozone’s finance ministers, at the closely watched Eurogroup venue, was “satisfactory” in…

Reports point to a Eurogroup compromise of around 500bln euros to deal with economic fallout from coronavirus

Eurozone finance ministers pointed to a “successful” conclusion’s to Thursday’s Eurogroup meeting, with “success” in this instance being a reported credit line of 500 billion euros towards member-states for dealing…

Thursday, 09 April 2020

Covid-19 outbreak: Death toll 86; 1,955 confirmed cases

Confirmed coronavirus infections in Greece neared the 2,000-mark on Thursday (1,955), rising by more than 60 in a 24-hour period, an optimist development considering the sharp curve upwards witnessed in…

Church of Greece reiterates that cathedrals, chapels to open without worshipers during upcoming Easter Week

The influential Church of Greece on Thursday reiterated that its cathedrals and chapels around predominately Christian Orthodox Greece will hold services during the forthcoming Easter Week, but only with the…

‘Tug-of-war’ between Athens, European creditors over extension of legal protection for primary residences

The issue of extending a legal protection framework in Greece for owners of primary residences has reportedly “snagged” on opposition by the country’s European creditors, even amid the unprecedented situation…

Wednesday, 08 April 2020

Covid-19 outbreak: 83 deaths; under 2K confirmed infections in Greece

Another 52 confirmed instances of coronavirus infections were reported over the past 24 hours in Greece, with the death toll still under 100, specifically at 83, two higher than on…