News archive of July 2020

Abramovich sells 40.06% stake in Highland Gold to Fortiana

Russian businessman Roman Abramovich and his partners are selling a 40.06% stake in Russian mid-sized gold producer Highland Gold to a Russian businessman, who will make a cash offer to the remaining shareholders, they said on Friday.

Three-month T-bill
 auction on Wednesday

The Public Debt Management Agency announced on Friday it is planning to auction 13-week treasury bills on Wednesday, August 5, with a maturity date of November 6.
The amount to be auctioned is 625 million euros and the settlement date will be next Friday.
Only Primary Dealers are allowed to participate, according to their operation regulations.

Authorities intercept 100 kilos of contraband hookah tobacco

More than 100 kilos of contraband hookah tobacco was found on Friday in a container at the port of Piraeus that was reportedly bound for a well-known nightclub on the popular holiday island of Mykonos.
The tobacco was located by Piraeus customs authorities in cooperation with inspectors from Greece's Financial Crimes Squad (SDOE).

Divers haul ghost nets from submarine wreck in Greece’s Ionian Sea

Divers removed half a ton of abandoned fishing gear covering a British submarine that sank off the Greek island of Kefalonia in 1941 as well as other wrecks in an effort to protect the area's loggerhead sea turtles, dolphins and monk seals.

Lost fishing nets - known as "ghost nets" - wrapped around shipwrecks often turn into death traps for marine life.

Face masks compulsory in enclosed spaces in Greece

Greece will make face masks compulsory in all public indoor spaces to avoid further spread of the coronavirus.
The measure, which will go into effect on Saturday, was announced during an emergency briefing by Deputy Civil Protection Minister Nikos Hardalias on Friday.
The mask requirement also applies to churches, he said. 

Coronavirus: 78 new cases, three deaths

Greek health authorities on Friday said they had confirmed 78 new Covid-19 infections in the last 24 hours in the country, raising the total number to 4,477.
It was the largest single-day increase in new cases since the end of the lockdown on May 4.

Bulgaria's Government to Give BGN 50 Million for Kindergartens in Sofia

The Council of Ministers approved an additional transfer in the amount of BGN 50 million from the budget of the Sofia Municipality for 2020 for construction, furnishing and equipment of kindergartens and nurseries, as well as for the purchase of land and properties for the needs of new places in children's institutions on the territory of the municipality. 

Coronavirus: Hardialias to hold emergency briefing

Deputy Civil Protection Minister Nikos Hardalias will hold an emergency briefing on Friday at 7.15 p.m. amid a surge in coronavirus cases in the country.
Health authorities reported 65 new Covid-19 cases on Thursday.

Record Decline: Euro Zones GDP Shrank by 14.4%

The euro zone's economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed on Friday, while the bloc's inflation unexpectedly ticked up in July.