Economy of Greece
The Sporadic island of Skiathos has prepared itself ahead of upcoming tourist season with a voluntary beach cleaning drive that involved more than 550 school pupils and 75 adult volunteers.
The drive was organized by the cultural association "Skiathos" earlier this month with the aim being to clean all of the islands 72 beaches, including the signature Koukounaries beach.
The Greek bourse continues to go from strength to strength, with its benchmark recording another eight-month high on Friday, boosted by the performance of bank stocks as well as the continued drop of the yield on Greek state bond ahead of a possible new issue. The Eurogroup decision mattered little for traders, as they had already factored it in earlier in the week.
The expected approval of a 1-billion-euro disbursement to Athens by Friday's Eurogroup, after Wednesday's favorable European Commission report, secured further gains for the majority of stocks at Athinon Avenue, which was accompanied by the continuing decline of Greek bond yields. The stock benchmark climbed to its highest level in almost eight months, just short of 750 points.