ATHEX: Bright end to a week of gloom
The benchmark of the Greek stock market staged an impressive rebound late in Friday’s session to come back from 1% down and close with gains of almost 1%.
Storm Daniel leaves a trail of devastation in Greece
Iliana Magra, a journalist with Kathimerini, joins Thanos Davelis with the latest reporting from Greece on the unprecedented Storm Daniel that has battered the country this week, leading to the death of multiple people, triggering landslides, road and bridge collapses, and is being described as a “biblical catastrophe”.
DBRS restores Greece to investment grade
DBRS Morningstar upgraded Greece’s credit rating to investment level on Friday, ending the country’s bonds “junk status” after 13 years.
Over €45 bln in realty by 2030
Over 45 billion euros, or €6 billion on an annual basis, is expected to be invested in the Greek housing market by 2030, according to a relevant report by the National Bank of Greece.
An overarching climate agency
The scale of natural disasters surpasses the existing capacities of the state and political personnel.
Attiki Odos Exit 8 shut down in Piraeus direction
The exit of the Attiki Odos towards the Athens-Lamia Highway (Exit 8) leading from the Athens International Airport toward Piraeus will be shut down from 10:00 p.m. on Saturday to 10:00 a.m. on Sunday for heavy repairs to the tarmac.
Ten dead, four missing after ‘Daniel’ storm and flooding in central Greece
Ten people have died so far because of the storm ‘Daniel’ in central Greece, Climate Crisis and Civil Protection Minister Vassilis Kikilias said on Friday, while another four are still missing in Volos and Mt. Pilio.
Increase of 16.6% in spending on clothing in January-June
Greek consumers spent 1.53 billion euros in the clothing market over the first half of the year, according to figures the Greek Fashion Association (SEPEE) released on Thursday.
Seamen’s Federation announces strike on September 13
The Panhellenic Seamen’s Federation (PNO) announced on Friday 24-hour strike that will keep all ships docked nationwide on September 13 to protest the death of a 36-year old man who was pushed off the loading ramp by crew members of the ‘Blue Horizon’ ferry.
Schools in Thessaly and Sporades islands to remain closed next week
The regional government of Thessaly and the Education Ministry are set to jointly announce that schools will remain closed in the region and the Sporades islands next week due to the destructive nature of storm Daniel.