PM Mitsotakis to Unveil New Support Measures for Greece

By admin 10 Σεπτεμβρίου 2020 No comment

Photo source: @PrimeministerGR Greek Prime Minister Kyriakos Mitsotakis will be in Thessaloniki this weekend to present the government’s plan to support the country’s society, workers and companies for the next 12 months. Scheduled to speak at the Thessaloniki Helexpo Forum on Saturday, September 12, the Greek PM will present the new economic policy measures for […]

Central Macedonia Backs Covid-19-hit Businesses with €150m

By admin 4 Σεπτεμβρίου 2020 No comment

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The Central Macedonia Region recently announced that it would be allocating 150 million euros to local businesses, tourism enterprises included, impacted by the coronavirus (Covid-19) pandemic. Central Macedonia Governor Apostolos Tzitzikostas announced the immediate non-repayable funding, which he said will facilitate liquidity and serve as starting capital for

Greek Economy Shrinks by 15.2% in Q2

By admin 3 Σεπτεμβρίου 2020 No comment

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Photo source: Hellenic Parliament Greece saw its GDP plunge by 15.2 percent in the second quarter of 2020 compared to the same period a year ago, impacted in large part to the coronavirus (Covid-19) pandemic, the Hellenic Statistical Authority (ELSTAT) said on Thursday. More specifically, based on seasonally adjusted data, the Greek economy shrunk by […]

Tourism Minister: Greece Doing Best to Protect Visitors and Locals

By admin 2 Σεπτεμβρίου 2020 No comment

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Photo Source: @Harry Theoharis Greece is doing everything in its power to ensure the safety of the traveling public and of residents, managing to keep the number of Covid-19 below the EU average, said Greek Tourism Minister Harry Theoharis in an interview to BBC Radio4 on Wednesday. Theoharis was speaking in response to a decision […]

Scotland Places Greece on Covid-19 Quarantine List

By admin 2 Σεπτεμβρίου 2020 No comment

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Starting at 4am on Thursday, September 3, travelers into Scotland from Greece will be required to quarantine for 14 days on arrival. The Scottish government decided on Wednesday, to remove Greece from its “travel corridor” exemptions list due to a “significant rise” in Covid-19 cases. Scottish authorities said infections were being brought into Scotland from […]

Eurostat: Greece Unemployment at 17% in May

By admin 1 Σεπτεμβρίου 2020 No comment

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The Hellenic Parliament in Athens. Greece’s jobless rate increased from 15.7 percent in April 2020 to 17 percent in May, according to the latest data released by Eurostat, the EU’s statistical service, on Tuesday. Hardest hit were the young under 25, with the unemployment rate reaching 37.5 percent in May against 32.6 percent in April. […]

Greek Funding Scheme for Small Enterprises Accepting Applications

By admin 1 Σεπτεμβρίου 2020 No comment

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A Greek government support program funding small and very small enterprises is now accepting applications, said Alternate Development & Investments Minister Nikos Papathanasis this week. The support scheme, which includes tax breaks, will be allocating a total of 150 million euros to businesses with up to 10 employees and reporting an annual turnover of / […]

Greece Issues New Aviation Guidelines for Travel

By admin 1 Σεπτεμβρίου 2020 No comment

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As part of the Greek government’s efforts to restrict the spread of Covid-19, the Hellenic Civil Aviation Authority (HCAA) issued new guidelines (NOTAM) on Tuesday, which will remain in effect through to September 15 at midnight, and will apply to the traveling public. Violations carry fines of 5,000 euros. More specifically, the new guidelines, which […]

Moody’s: Greece’s Debt Durable Despite Tourism Decline

By admin 31 Αυγούστου 2020 No comment

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Athens, Greece Despite the slowdown in tourism and the far-reaching repercussions of the coronavirus (Covid-19) pandemic, Greece’s debt remains durable, Moody’s Investors Service said in a report this month. According to the ratings firm, Southern European countries, which rely greatly on tourism, are most exposed to the credit impact. However, Moody’s retained its “B1”

EU Joins COVAX Initiative for Equal Access to Covid-19 Vaccine

By admin 31 Αυγούστου 2020 No comment

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© European Commission 2020 The European Commission said on Monday, that it would be participating in the COVAX (COVID-19 Vaccine Global Access Facility) initiative with a contribution of 400 million euros in efforts to ensure equal access to affordable Covid-19 vaccines. Led by the World Health Organization (WHO), the COVAX initiative foresees the purchase from […]