Pandemic Cost Greek Businesses 4.8 Billion Euros This Year: So Far

ATHENS – The lingering COVID-19 pandemic, now more a year long, continued to devastate Greek businesses in the first quarter of 2021, bringing losses of some 4.8 billion euros ($5.75 billion) and no recovery in sight.

That was assessed by the Hellenic Statistical Authority ELSTAT which said the real effect is even more severe because the data came from larger companies which report monthly and not smaller businesses that do so quarterly.

Data showed turnover came to 17.23 billion euros ($20.65 billion) in February compared to 19.05 billion euros ($22.83 billion)  a year earlier, an annual decline of 9.6 percent but 47.7 percent for closed companies,, said Kathimerini.

Companies had some income from time to time when the government allowed a click-and-collect method that let shoppers make purchases online and them pick up the goods outside stores.


ATHENS - Amid complaints that letting rich foreigners qualify for Greek Golden Visas by buying property has dried up supplies and driven up rents and purchase prices, more investors want to take advantage of putting money in bank deposits.

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

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


1 of 2 Abducted Louisiana Children is Found Dead in Mississippi after Their Mother is Killed

JACKSON, Miss. (AP) — A Louisiana woman was found dead in her home Thursday, and her two young daughters were abducted and found hours later in Mississippi — one dead and the other alive, police said.

GELSENKIRCHEN, Germany  — Jude Bellingham scored to give England a winning start at the European Championship by beating Serbia 1-0 on Sunday.

BALTIMORE  — Gunnar Henderson hit his eighth leadoff homer of the season, and three more Orioles also went deep off Zack Wheeler to help Baltimore beat the Philadelphia Phillies 8-3 on Sunday.

OBBÜRGEN, Switzerland  — Nearly 80 countries called Sunday for the “territorial integrity” of Ukraine to be the basis for any peace agreement to end Russia’s two-year war, though some key developing nations at a Swiss conference did not join in.

ATHENS - Four years after the COVID-19 pandemic shut international travel and kept tourists away from Greece, the government now wants  to limit how many cruise ships can dock at popular islands because there are too many tourists.

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