Eurozone bond yields jumped and Southern European bonds underperformed on Tuesday, with investors ramping up their bets on a European Central Bank rate hike next year as the bank’s policymakers began casting a wary eye on upside inflation risks.
Anxious Turks struggled to keep up with a bewildering collapse in their currency and the main opposition party leader said the country was experiencing its darkest “catastrophe” as the lira slumped 15% on Tuesday against the dollar.
Growing concerns about the fourth wave of the pandemic domestically and abroad inflicted significant losses on most Greek stocks on Tuesday, sending the benchmark at Athinon Avenue below the psychologically important 900-point mark. Banks led the way south, but some energy stocks resisted the pressure.
Cosmote has unveiled the first 5G ambulance in Greece, in collaboration with the National Center for Emergency Care (EKAV) and Ericsson.
The European Union Tax Observatory qualified Greece’s non-domicile scheme as a particularly harmful form of tax competition, in a report that has provoked a reaction from the Greek Finance Ministry.
There will be no return to the “normalcy” that society knew before 2020 as the coronavirus will continue to exist and “we will have to take regular booster shots, most likely in an annual dosage,” Elias Mossialos, a professor of health policy and former government minister, said on Tuesday.
Laboratory tests conducted on urban wastewater by the National Network of Sewage Epidemiology show a significant increase in the average viral load in six of the 13 cities inspected from November 15-21, over the previous week.
“Bonaparte at the Pont d’Arcole” (l), a 1796 painting by Antoine-Jean Gros, and the 1788-89 “Portrait of Francis George Hare,” by Sir Joshua Reynolds, are among about 100 paintings from the Louvre in Paris that will go on display in Athens’ National Gallery next Monday.
A woman has been hospitalized after being dragged by a passing train at a level crossing in central Athens. According to rail operator TRAINOSE, the woman had attempted to cross a level crossing near Lenorman Avenue when she was dragged by a passing Proastiakos suburban train.
The Turkish currency weakened by some 10% against the U.S. dollar Tuesday, a day after President Recep Tayyip Erdogan insisted there would be no turning back from his unconventional policy of cutting interest rates despite high inflation.