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Analysts say that selling pressure prompted over concerns for the pandemic and the subsequent restructuring of MSCI's indicators have been absorbed by domestic retail investors and many foreign portfolios, with a limited investment horizon, who rushed to take advantage of the low prices.

Staikouras added that this "proved the markets recognize the effectiveness of the government's cohesive plan and its reliability over the management of the health crisis and its economic repercussions."

Bank officials point out to Business Daily that market conditions have changed dramatically in the last few months. In recent weeks, optimism has returned, and the restarting of the economy, the so-called reopening optimism, has led to a rapid return to normalcy with investors focusing on upcoming improvements in bank figures rather than the severe problems caused by the pandemic.

In Attica, taxi rides from or to the Athens International Airport (AIA) will now cost 35 euros (down from 38) in the hours between 05:00 and 00:00 and 49 euros (down from 54) in the hours between 00:00 and 05:00.

Although the Finance Ministry believes that GDP data in the first quarter (-1.6% and -0.9% on an annual basis) was not "catastrophic, nor extreme", concerns remain about the economy's productive base and consumption.s pointed out by officials, the keys to development are tourism, construction, investment, and the scope for the government to intervene in order to stem the crisis.

According to sources, the BoG is looking at the DTC issue at a new level in order to find an overall solution to the banking problem. Particular emphasis will be placed on separating non-performing loans incurred before the pandemic and those that arose after the pandemic, taking into account the rules on state aid.

ICI had offered a price of 5.9 million euros, according to sources, and moved to reduce the price, citing the impact of the pandemic. The seller, however, refused to budge on the price, and the deal was canceled, with Piraeus Bank expected to re-launch the tender possibly later this year.

As Minister of Tourism Harry Theoharis told, «Tourists originating from airports listed on EASA are obliged to be tested once they land in Greece and remain at a designated hotel for one day," in order for the test results to be completed. "If the test turns out negative, these visitors will then be obliged to observe a 7-day quarantine».

Κ. Hatzidakis said that the end to single-use plastics will be introduced to the public administration sector six months before it goes public, on January 1, he said, to allow businesses and the public ample time to adjust. He also announced that consumers will be provided with more incentives to encourage recycling of plastic single-use bottles, including a refund.

The package seems too small to support Aegean, but it is combined with measures to boost liquidity, which is the most important step: the company plans to ask from the country's four systemic banks for loans with government guarantees totaling 150 million euros, amounting to 11 percent of its turnover.