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Greek debt sustainable despite pandemic, says Fitch

Greece’s debt stock will remain very high for a long time, but debt sustainability is underpinned by several mitigating factors, Fitch Ratings said in a new report on Monday. Greece’s general government debt to GDP rose to 207% of GDP at end-2020 from 181% in 2019 as a result of the severe shock to the country’s public finances caused by the pandemic. We expect the debt ratio to remain at this level this year before declining to 193% by 2022, the credit rating agency said.

  • Published in Greece

Free distribution of Covid-19 antigen self-tests starts on Thursday

The free distribution of Covid-19 antigen self-tests by pharmacies, exclusively to high school students aged 16-18 and teachers, started on Thursday. The test is given upon presentation of a valid AMKA social security number and, together with the self test kit, recipients are given written instructions on the correct taking of the sample.

  • Published in Greece

Mitsotakis wants unity, attacks SYRIZA for divisiveness

"The citizens understand who is investing in the idea of unity and who is stoking social tensions," Prime Minister Kyriakos Mitsotakis said on Friday in parliament, in reply to a question raised by main opposition SYRIZA-Progressive Alliance leader Alexis Tsipras.

  • Published in Greece
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