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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, …

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Thessaloniki’s WW2 Allied Prisoner Memorial proposal advances

Discussions held in Greece’s second city – Thessaloniki – have advanced the Australian community proposal to have a commemorative plaque installed at the site of the former German-run Allied POW …

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Old Greek grape varieties are finding favour in wines again

Old Greek winemaking grape varieties which were ignored since the 1980s in favour of more fashionable and convenient French varieties are making a comeback in Greece. Kathimerini reported that the …

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New publication out to help diaspora return to work in Greece

The Brain ReGain-Hellenism in Action campaign to bring back Greeks who left in the wake of the economic crisis, is publishing Greece Country Highlights this week which will provide important …

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Greece honours Vietnamese revolutionary Ho Chi Minh by erecting a bust

Greece will erect a bust honouring Vietnamese communist revolutionary and statesman Ho Chi Minh, Foreign Minister Nikos Dendias announced on Monday from the Vietnamese capital of Hanoi, where is he …

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Thessaloniki, Chalkidiki, Aegean island and Attiki on high wildfire alert

Greece’s Civil Protection ministry has issued a warning of very high (Category 4) likelihood of wildfires in six regional units for today, Monday. The regional units are either in the …

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COVID-19 prevention drug made available for at-risk patients in Greece

Greece has officially launched an online platform taking applications for a drug that helps prevent COVID-19 in people who are at risk. According to Greece’s Health Ministry, the monoclonal antibody …

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