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Tag Archives: Jan 2021

Greece completes 10-year bond issue with record-low interest rate

Greece on Wednesday successfully completed a 10-year syndicated bond issue raising 3.5 billion euros from the market. The interest rate of the issue was set at 0.8 pct reflecting strong demand by institutional investors (bids exceeded 25 billion euros for the bond). Finance Minister Christos Sttaikouras, commenting on the results of …

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Argolida and Sparti in tougher lockdown due to infections increase

Greece’s Civil Protection placed the Regional Unit of Argolida and the Municipality of Sparti, in eastern and south Peloponnese respectively, into a regime of stricter lockdown measures due to a high epidemiological load and the rapid increase in epidemiological indicators of the last seven days. The measures are taken for  …

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Civil Protection places Lesvos in tougher lockdown restrictions

Greece’s Civil Protection announced on Tuesday evening stricter lockdown measures for the island of Lesvos due to a high epidemiological load and the rapid increase in epidemiological indicators of the last seven days.  The measures are taken for  urgent reasons of addressing a serious risk to public health and in …

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Tougher restrictions for areas in West Attica, Sitia, Kozani, Rodopi

The Civil Protection placed several areas across Greece in quarantine due to increased epidemiological load. Affected are municipalities in western Attica, in Kozani, Sitia on Crete and in Rodopi, north-eastern Greece. The local quarantine is parallel to the nationwide lockdown that remains in force until authorities decided partial or totla …

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Greece’s Cabinet reshuffle: Much Ado About Too Little

The new government spokesman Christos Tarantilis announced the new cabinet of PM Kyriakos Mitsotakis on Monday noon. With the exception of two, key ministers remain in their positions: Foreign Affairs, Defense, Health, Citizen Protection, Education, Development, Finance, Migration. Sent home are the Minister of Interior, Theodorikakos, and of Labor, Vroutsis. …

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Greece tightens again lockdown restrictions from Jan 3

Greece tightens lockdown restrictions again after a soft and brief relaxation of several measures over the Christmas holidays. Government spokesman Stelios Petsas announced the tightening on Saturday morning saying that the measure aims to facilitate the reopening of schools on January 11. Among others, the night curfew is extended, and …

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Greece imposes “Green Levy” on diesel consumption

Greece imposes a “Green Levy” on the diesel consumption as of January 2021, Energy Minister Kostis Hatzidakis has announced. the levy is set at €0.03 per liter but motorists will pay €0.04 due to Value Added Tax. The measure has been included in the amendment for the support of renewable …

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