News archive of May 2020

Early profit-taking at Athinon Avenue gave way to a fresh wave of buying later on Thursday - although banks appeared to have fallen out of favor - taking the benchmark higher for the fifth session in a row. The market is now confidently looking toward more growth, boosted also by the significant increase in daily trading volumes.

Imams will recite verses of the Quran in Istanbul's Byzantine-era cathedral Hagia Sophia during Friday's prayers on the anniversary of the city's 1453 conquest by Ottoman troops, Turkish President Recep Tayyip Erdogan said according to reports Thursday.

A detainee at a police station in the northeastern Greek city of Alexandroupoli was found hanged on Thursday in his cell.
According to reports, the dead man was a 46-year-old Georgian national who ended his life using bed linen with which he had made a noose.
He had been arrested in connection with migrant/refugee trafficking and was due to stand trial in the coming days.

Whenever we received our report card from school back in my day, the last thing we cared about was the conduct grade of "excellence" we all received. We never knew anyone who received a grade of "decent." We could not understand why there were only two grades, but what we didn't know because it was so rare was that there was also a third one: "reprehensible."

The Russian Embassy in Athens on Thursday reacted to comments by US Ambassador Geoffrey Pyatt who said that problems in bilateral relations between NATO allies Greece and Turkey would benefit Moscow.

"The comments made by the American ambassador to Athens… are nonsense," the Russian Embassy tweeted in Greek.

President Tayyip Erdoğan said on May 28 Turkey will lift restrictions on intercity travel and allow restaurants, cafes, parks and sports facilities to reopen from June 1 as it eases restrictions imposed to curb the coronavirus outbreak.

Following a cabinet meeting, he said that restrictions would remain place on the movements of those aged over 65 and under 18.

Greece will submit a list of how it plans to use resources from the EU's coronavirus Recovery Fund to the European Commission in October, Finance Minister Christos Staikouras said on Thursday.

The process of appointing new presidents of the country's top courts began on Thursday with Justice Minister Konstantinos Tsiaras presenting the cabinet with a list of proposed candidates for the Supreme Court and the Council of State.

Greek American Spiros Mantzavinos is running for a statewide office in Delaware and is widely seen as the favorite.
The State Senate seat in Delaware's 7th District for which he is running as a Democrat has been labeled as one of the most flippable in the country. Registered voters for his party outnumber his opponent's by nearly two-to-one.

After announcing its support back in February for the conventional 3rd InvestGR Forum 2020 that was supposed to take place on June 24, the Hellenic Federation of Enterprises (SEV) on Thursday extended its backing for the digital version of the event, to be held online on July 15-16 and October 8-9.