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 - Greece on Wednesday opened the book-building process for a new 10-year bond issue, tapping the capital markets for the first time in 2022 and seeking to raise about 3 billion euros.

Top Stories

Politics

ANKARA - Turkey's swiveling between offering diplomacy or gunboats and demands that Greece take troops off its islands near Turkey's coast is roiling the waters between the countries and plans to hunt for energy.

United States

NEW YORK – Grammy-nominated artist Eric Alexandrakis announced his latest release due out on February 1, titled Good Girls Never Waltz With Me, another new genre-bending addition to his critically acclaimed TERRA series of releases.

General News

ATHENS – Five members of the World Hellenic Interparliamentary Association (WHIA), with Rhode Island State Senator Leonidas Raptakis as head of the group, visited Evros on January 12-13.

Video

Big Voting Bill Faces Defeat as 2 Dems Won’t Stop Filibuster

WASHINGTON — Voting legislation that Democrats and civil rights leaders say is vital for protecting democracy appeared headed for defeat as the Senate churned into debate, a devastating setback enabled by President Joe Biden's own party as two holdout senators refuse to support rule changes to overcome a Republican filibuster.