ENGLISH EDITION

Mitsotakis also stressed that Greece is also mobilizing its diplomacy, notifying friendly nations and alerting allies and partners. "We are not alone in this effort. The immediate response of the European Union to our request to convene the Foreign Affairs Council confirms that this is not purely an issue of Greek-Turkish relations. It concerns the relations of all of Europe with Turkey," he said.

The preliminary budget execution figures for the seven-month period showed a deficit of 2.086 billion euros in the general government balance. The primary result for the same seven-month period in 2019 was a surplus of 1.763 billion euros. Net revenue totaled 23.106 billion euros, down 17.7 pct from budget targets, while the total budget revenues amounted to 25.940 billion euros, down by 14.7 pct from target. Tax revenues totalled 22.678 billion euros, down 13.6 pct from target.

Concerns are growing that the rising number of cases is overturning initial government plans on the extent and type of interventions aimed at covering losses in key sectors of the economy.

A "game changer" for the industry will undoubtedly be the creation of the new casino at Hellenikon, which is intended to bring wealthy players from all over the world to Greece.

Five persons died in the floods that struck the island of Evia while two others are missing, announced Deputy Civil Protection and Crises Management Minister Nikos Hardalias after a meeting on Sunday at the town hall of Vasiliko. Among the victims are an 8-month-old infant and an elderly couple in the village of Politika while two other persons died in their attempt to escape the flood.

In a joint press conference following the meeting, Soukry said that both sides had signed an agreement on the establishment of exclusive economic zones between Greece and Egypt and that all its provisions were compatible with international law.For his part, Dendias stressed that "after today's agreement, Turkey's illegal agreement with Tripoli has ended up where it belongs - in the trash basket."

By upgrading deputy Finance Minister Theodoros Skylakakis to Alternate Finance Minister in charge of EU funds, the Greek premier is hoping to quickly tap the 72-billion-euro package.

"Absolute priority must be given to alleviating the burden on wage labor" and calculating that the "invisible hand" of the state keeps up to 67 percent of an employee's salary.

The possibility of a new lockdown being imposed, based on a possible second wave of the pandemic, is spooking even the largest of retail groups. In light of falling revenues, multinational Inditex and H&M groups, have already embarked on streamlining their networks, closing unprofitable points of sale and focusing on developing online sales channels as a key pillar for the future.

As part of these reforms, the ministry also announced the suspension of new building permits for tourist accommodation located outside of town areas in Mykonos and Santorini. This suspension will apply until urban plans are approved, in a process expected to take some 18 months.