Greece
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Bumper year for foreign student programs in Greece
It was a bumper season for young Diaspora attending Greek summer study tours. Language, culture, history, and art camps have added to Greece’s burgeoning tourism season. An estimated 35 million …
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Corinth Canal restoration project aimed at stimulating economy
After 18 months of repairs in the first part of its €32 million or $AU 47 million restoration, the Corinth Canal re-opened on July 4 and within its first week …
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29 people picked up from boat in distress
Greece’s coast guard reported that over two dozen people were picked up from a sailboat in distress far off the southwestern coast of the Greek mainland and have been transported …
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Local media target wasps in death of elderly woman in Ilia
An elderly woman was found dead in her house in southern Greece following a suspected attack by a swarm of wasps. Quoting local media reports from Ilia, in western Peloponnisos, …
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Greece pulls out all stops for Saudi crown prince and his massive entourage
Saudi Crown Prince Mohammed Bin Salman received royal treatment from the Greek government on his visit to Athens at the end of July – his first to a European Union …
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Credit payments in Greece shoot up as banks offer loans to more viable businesses
Credit card payments in Greece rose by 32.1 percent to €14.7 billion or $AU 20 billion in the second quarter compared to the same period last year with the growth …
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Foreign investors eye €290m debt portfolio of 75 Greek hotels
Foreign investors are showing an interest in a portfolio of defaulted Greek hotel loans being offered for sale by debt-collecting company Intrum. Kathimerini reported that Bain Capital and the US-based …
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Greece records 122,230 COVID cases in a week
Greece has confirmed 122,230 new coronavirus cases in the week of July 25-31, the National Public Health Organization (EODY) reported last week. 20 per cent of the weekly new infections …
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Hand hygiene flouted at Greek hospitals
According to data collected concerning infections at 10 large hospitals in Greece, only one in three doctors and nurses apply hand hygiene rules – using antiseptic – before patient contact …
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Specter of recession appears as costs rise in Greece
The Purchasing Managers’ Index (PMI) dipped below 50 points in July, raising fears of a recession. Production and, orders dipped last month although S&P Global, which compiles the PMI index, …