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Monday, 04 May 2020

Govt calls claims of curfew on movement of seniors utter ‘fake news’

Greece’s deputy civil defense minister on Monday denied speculation and rumors in the country claiming a midnight to 6 a.m. curfew against the non-essential movement of people above the age…

Covid-19 outbreak: Confirmed infections in Greece reach 2,632; death toll at 146

Confirmed Covid-19 infections reached 2,632 in Greece as of Monday, six higher than a previous day. The death rose by two, and is now at 146, still among the lowest…

Latest Turkish provocation in eastern Aegean involves helicopter carrying Greek DM

The latest Turkish provocation in the eastern Aegean was even more confrontational  that in previous instances, according to Athens, which charged that a pair of Turkish F-16s attempted to harass…

Sunday, 03 May 2020

Covid-19 outbreak: Confirmed coronavirus infections in Greece at 2,626; fatalities reach 144

The number of confirmed coronavirus infections role by six on Sunday, bringing the total to 2,626 in a population of roughly 11 million, while one more related fatality was cited.…

Greece’s Stability and Growth Pact revised with best, worst ‘scenarios’ in post-lockdown period: 4.7%, 7.9%, respectively

Greece’s now revised Stability Pact includes two “scenarios” for the post-lockdown period , with a “best” and “worst” case scenario of a 4.7-percent and 7.9-percent recession, respectively, for the current…

Saturday, 02 May 2020

Covid-19 outbreak: Fatalities in Greece reach 143

The number of confirmed Covid-19 infections in Greece reached 2,620 on Saturday, as eight new instances were announced. The number of fatalities reached 143, as three related deaths were reported.…

Strong quake recorded south of Crete

A strong earthquake measuring 6.0 on the Richter scale was reported at 15.51 local time, 13.51 GMT, south of the large island of Crete. According to the Geodynamic Institute in…

Thursday, 30 April 2020

IBM to establish European Banking Center of Excellence in Athens

IBM, in cooperation with EdgeVerve, an Infosys subsidiary, will establish a European Banking Center of Excellence in Athens, specializing in Finacle Digital Banking solutions. The center will support projects throughout…

Covid-19 outbreak: Greek govt says total support package for econ support totals 24 bln€

Greece’s finance minister on Thursday afternoon announced an additional package of support measures for SMEs in the country, valued at one billion euros. The benefits will be allocated based on…

Coronavirus restrictions still in place in Greece, as annual May Day labor holiday falls on Friday

The relevant deputy civil defense minister warned that authorities will continue to enforce coronavirus-related restrictions on non-essential public movement and public assemblies until the latter are relaxed on Monday. Nikos…

Covid-19 outbreak: Still low number of infections, fatalities in Greece: 2,591 and 140, respectively

Fifteen new confirmed coronavirus infections were reported on Thursday, bringing the number up to 2,591, while a single related fatality occurred over the past 24 hours, with the death toll…

UBS: 10% percent recession for Greece in 2020; debt to surge up

UBS is the latest international credit institution or ratings agency to forecast a punishing recession for Greece in 2020 – repercussions from the coronavirus-related “lockdown” and continuing fallout in the…

Greek govt extends legal protection of primary residence from creditors for another 3 months

The Greek government will extend a legal framework protecting homeowners’ primary residence from creditors for another three months, Prime Minister Kyriakos Mitsotakis said from Parliament’s podium on Thursday. Mitsotakis, speaking…

Wednesday, 29 April 2020

Covid-19 outbreak: 2,576 confirmed infections in Greece; one related death reported in 24h, with total at 139

Ten new confirmed instances of the coronavirus were announced on Wednesday, bringing the total to 2,576, while the death toll rose by one from the previous day and now totals…

Press reports: Canadian naval support helicopter reported as missing in Ionian Sea

A Canadian military helicopter was reported as missing on Wednesday evening in a sea region west of the Ionian island of Cephallonia, more than 50 nautical miles from the island…

Latest video released by Athens shows Turkish patrol boats purportedly accompanying migrant boat towards Greek waters

Greece’s coast guard on Wednesday released another video purportedly showing a vessel loaded with would-be migrants headed for an eastern Aegean island, but again accompanied by Turkish patrols boats towards…

Capital Economics: Due to pandemic Greece faces double threat of major recession, ballooning debt

Capital Economics rates the Greek economy as amongst the most vulnerable due to the ongoing coronavirus pandemic, citing two main reasons, namely, a significant dependence on tourism and the country’s…

Covid-19 outbreak: Secondary schools to open in May; preliminary date for grade schools on June 1, uni entrance exams on June 15

The government on Wednesday fixed the dates for opening secondary schools in the country, but leaving open the possibility for an extension to the current suspension of classes at elementary…

Light quake, 3.8R, felt in SE coastal Athens districts

A light earthquake, measuring 3.8 on the Richter scale, was nevertheless felt the greater Athens area’s coastal southeast suburbs on Wednesday. The quake was recorded at 1:38 p.m. local time,…

Tuesday, 28 April 2020

23 arrests of foreign nationals after 2 days of clashes at Samos ‘hotspot’

Greek authorities on Tuesday arrested another 15 foreign nationals at a temporary migrant/refugee center on the eastern Aegean island of Samos, following clashes between rival groups of Middle Eastern nationals…

Best Workplaces in Greece results: DHL, AXA Insurance, ENEL Green Power, Bausch Health, S.C. Johnson, Amuse take top spots

The organization Great Place to Work Hellas this week announced results of its “Best Workplaces 2020” survey, evaluating the work place conditions of 53 participating companies in Greece – the most extensive…

Govt eyes successor framework for primary residence protection from creditors

The government is reportedly ready to unveil a new framework for protection, from creditors, of over-indebted homeowners’ primary residences, given that the current framework soon expires. According to Finance Minister…

High court rules that obligatory deposit of local govts’ reserve in central bank constitutional

The Council of State (CoS), Greece’s highest administrative court, has ruled that the obligatory deposit of reserves by elected local and regional government entity into a special Bank of Greece…

Covid-19: Death in Greece up by two, at 138; nearly 2,600 confirmed infections

Total confirmed coronavirus infections in Greece reached 2,566 as of Tuesday, with the death toll rising slightly to 138, two more than a day earlier. Sixty new infections were confirmed…

Covid-19 outbreak: Greek govt proceeds with first substantial relaxation of restrictions on non-essential movement, public assembly

The Greek government on Tuesday afternoon announced a relaxation of imposed restrictions in the country aimed to prevent exposure to the Covid-19 virus, with prohibitions on the non-essential movement lifted…

Monday, 27 April 2020

Greek FinMin: 10 bln€ in liquidity for ‘real economy’, in second phase of measures to deal with pandemic’s results

The relevant Greek finance minister on Monday announced a “second phase” in dealing with the economic repercussions from the ongoing coronavirus pandemic, citing an intent by the conservative government to…

Covid-19 outbreak: 17 new cases; death reaches 136

Seventeen new confirmed cases of coronavirus infections were reported in Greece on Monday, along with another two related deaths, being the total number of fatalities to 136 in the east…

UAE’S Involvement In G20 Process Strengthens Response To COVID-19

With governments around the world grappling with COVID-19 and the implications it poses for their people and economies, the need for international cooperation is clearer than ever. The Group of Twenty, or G20, is…

Sunday, 26 April 2020

Survey Greece: Nearly half of respondents say they’ll take summer vacation

Roughly half of the respondents queried in a latest survey in Greece said they are planning to take summer vacations this year, ostensibly after strict coronavirus-related restrictions are relaxed or…

Covid-19 outbreak: 134 deaths in Greece as of Sunday; 2,517 confirmed cases

The death toll from the ongoing coronavirus pandemic reached 134 in Greece, as of Sunday, with another four fatalities reported over the past 24 hours, of which the majority, 99,…