The government is proceeding with new regulations regarding the “Golden Visa”, doubling the amount of property investment in specific and regions across Greece with the aim to obtain a residence permit. Speaking to reporters on Thursday, Deputy Minister of Development and Investments Nikos Papathanasis announced that the government will submit …
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“Omicron” strikes Greek Police: Over 2,000 officers infected
The Omicron variant of Covid-19 has reportedly stroke also the Greek Police with over 2,000 officers to have fallen ill and tested positive in recent days. The majority of active cases are in the Headquarters in Athens. 200 police officers declared that they were sick with Covid-19 in just six …
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Greece extends lockdown until Dec 7; regions most pandemic affected
Greece extends the pandemic lockdown restrictions for one more week, until December 7, government spokesman Stelios Petsas announced on Thursday. He listed several areas in northern, central and western Greece as well as one island as particularly affected by the coronavirus due to high number of cases in relation to …
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Greece extends 40% reduction of commercial rents for another month
Greek authorities extended for another month the measure for a 40% reduction of commercial rents for enterprises in the sectors of hospitality, transport, culture and sports that were hit by the pandemic crisis. Greek Finance Minister Christos Staikouras said the measure will be extended in the month of September. Speaking …
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ELSTAT: Business sectors in Greece mostly hit by the pandemic lockdown
The Greek Statistics Authority (ELSTAT) announced data on the evolution of turnover of enterprises under under suspension of operation due to the coronavirus pandemic. The current publication incorporates the most recent data on turnover from the period of the lockdown implementation (March-April 2020) and during the period of the gradual …
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Mini heat wave with up to 40° Celsius to strike Greece, June 6-9
Prolonged high temperatures that will reach up to 37 and in some regions up to 40 degrees Celsius in the shade are expected in the next days in Greece. It is the first heat wave that strikes Greece this summer. The high temperatures are expected to reach their peak on …
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Greece’s National Meteo warns of rain- and thunderstorms, hail, very strong winds
Greece’s National Meteorological Service has issued a late weather warning drawing attention to thunderstorms, rain- and hail-falls and strong winds. The weather warning is effective until Thursday night, May 24th 2018. Strong rainfalls and thunderstorms are forecast especially in the area of the Ionian Sea and the Central and North …
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Guest Post: The Swiss Franc sends message to Merkel and Tsipras
Swiss chocolates bought in Swiss Francs? Oh, no! Or “much better,” after all? How does the lifting of euro cap by Swiss National Bank affect the Greek debt? I asked this question to economist “Cheshire Cat” and here is his analysis! Doors open wider for Merkel and Tripras to do …
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Cold shower for 65K Greeks who took mortgages in SwissFranc
The decision of Swiss National Bank to abandon the cap of the value of Swiss Franc against the euro has shocked the markets and pushed Switzerland’s national currency to soar up to 30%. Exchange rate before decision: 1 euro = 1.20 Swiss Franc after decision: 1 Swiss Franc = 0.805 …
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145,000 Greek school children in need of free meals
The economic collapse continues to threaten Greek households, with many families not being able to feed their children. Malnutrition reportedly affects more and more children, the number could be more than 100,000. According to daily Eleftheros Typos, 975 schools across the country have applied to be included into the program …
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