ATHENS: Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins. The countries are: Germany, Austria, Denmark, Norway, Cyprus, Israel, Switzerland, Japan, Malta, Bulgaria, China, Croatia, Australia, New Zealand, North Macedonia, Albania, Estonia, Latvia, Lebanon, Lithuania, Hungary, South Korea, Serbia, Montenegro, Romania, Slovenia, Slovakia, Czech Republic and Finland. Visitors will be randomly tested, the tourism ministry said, and the government would monitor and evaluate developments related to the coronavirus. The list will be updated before July 1, the tourism ministry said. The Mediterranean nation, which emerged from a decade-long debt crisis in late 2018, relies heavily on tourism - about 20% of its output - for an economic recovery. A nationwide lockdown imposed in March helped Greece contain the spread of COVID-19 infections to just below 3,000 cases, a relatively low number compared with elsewhere in the … [Read more...] about Greece to open to tourists from 29 countries from June 15
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What should I read next?Quiz: Do you know how much sugar is in the food you eat?You're probably not eating enough veggies — or fruit, or grains, or dairy, or lean meatHealthy lunches don't have to be expensive or time consuming Topics: diet-and-nutrition, primary-schools, child-health-and-behaviour, melbourne-3000, brighton-3186, broadmeadows-3047 … [Read more...] about What’s in our kids’ lunch boxes?
By Andy Mukherjee The spread of the coronavirus in India is showing no sign of abatement. Unless it catches a lucky break, Asia’s No. 1 pandemic hotspot is still a month or more away from a peak in infections (currently above 165,000) despite a severe lockdown. Tricky as the situation is for the country’s patchy healthcare infrastructure, the disease won’t be India’s only curve to flatten. The squiggly line that joins the cost of money at different maturities — the yield curve — deserves just as much attention. It’s unhealthy in an economy headed for a recession that 10-year funds cost nearly 5.75%, almost 275 basis points more than the three-month treasury bill yield. The central bank is slashing short-term rates and flooding banks with liquidity, and yet the long-term cost of capital is refusing to head lower. In large developing economies deeply challenged by the virus, from Brazil to Indonesia, the yield curve, or the excess of … [Read more...] about View: The pandemic isn’t India’s only curve to flatten
NEW DELHI: Highest ever increase in virus cases in a day and escalating Sino-US tensions over Hong Kong halted dometic market rally on Friday. Bank stocks witnessed profit booking after two days of solid gains. India saw the highest spike of 7,466 new Covid-19 cases in the last 24 hours with 175 deaths. Total number of cases in the country is now at 1,65,799 including 89987 active cases, 71105 discharged and 4706 deaths. Meanwhile, China's parliament on Thursday pressed ahead with national security legislation for the city, raising fears over the future of its democratic freedoms and function as a finance hub. At 9.42 am, BSE flagship Sensex was down 255 points or 0.79 per cent to 31,945 while NSE benchmark Nifty shed 61 points or 0.64 per cent to 9,429. Broader market indices were trading in line with their headline peers as Nifty Smallcap dipped 0.14 per cent while Nifty Midcap fell 0.61 per cent. Broadest index on NSE, Nifty 500 was down 0.81 per cent. In the 30-share pack … [Read more...] about Sensex sheds 300 points amid weak global cues; bank stocks fall
March quarter GDP data As India nears the end of the fourth phase of lockdown, economists are wondering what's the cost of nation-wide lockdown that has been in place since March 25. As per SBI's research team, the cost of lockdown for the seven days of March may cost India Rs 1.4 lakh crore, which it says may drag India's GDP for FY20 to 4.2 per cent from 5 per cent estimated earlier. Decline in global markets Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington’s response to China tightening control over the city of Hong Kong, Reuters reported. The pan-European STOXX 600 index fell 1.1 per cent, while MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.2 per cent. Record spike in Covid-19 cases The coronavirus pandemic in India grew by the highest number yet on Friday when 7,466 fresh cases were detected across the country, taking the total count to 165,799 cases. Around 175 deaths … [Read more...] about Fag-end buying drives Sensex 224 points higher; all eyes on GDP data