x

Economy

Greek Businesses Staying Closed Until January 11 Will Not Pay the Month’s Rent

ATHENS – Shops and businesses that will remain closed until January 11 will not have to pay rent for the month of January, the Ministry of Finance announced on Saturday. 

The ministry decision came after Saturday's announcement of returning to the restrictive measures as they stood right before the Christmas and New Year holidays.

It concerns businesses in the broad retail sector, in the arts, sports, tourism, transportation services, hairdressers, beauty salons, bookshops and any businesses that will have to stay closed until January 11. 

An 80 pct of the agreed rent will be compensated to legal owners of commercial premises from the state budget, the ministry noted. In the case of legal entities who own commercial properties, the compensation is set to 60 pct, the ministry added. 

RELATED

ATHENS - After saying a Value Added Tax (VAT) on food as high as 24 percent couldn’t be reduced because it was unaffordable, the New Democracy government has given a cut from that rate to 13 percent for taxis.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Alberto, Season’s First Named Tropical Storm, Dumps Rain on Texas and Mexico, Which Reports 3 Deaths

TAMPICO, Mexico (AP) — Tropical Storm Alberto rumbled toward northeast Mexico early Thursday as the first named storm of the season, carrying heavy rains that left three people dead but also brought hope to a region suffering under a prolonged, severe drought.

BERLIN  — Austria picked up a crucial win at the European Championship by defeating Poland 3-1 in its second group match and leaving the Poles on the brink of elimination on Friday.

DUESSELDORF, Germany  — It's all about resilience for Ukraine at the European Championship, whether on the field or trying to inspire those at home in wartime.

WASHINGTON (AP) — The Supreme Court on Friday upheld a federal gun control law that is intended to protect victims of domestic violence.

Armenia said it would recognize a Palestinian state on Friday, prompting Israel to summon its ambassador for what the Foreign Ministry described as a “severe reprimand.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.