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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By maria gbaf

    Posted on December 30, 2021

    Featured image for article about Top Stories

    ATHENS (Reuters) -Greece is introducing new restrictions on the hospitality sector from Thursday, bringing forward measures planned for early January as coronavirus infections surge.

    Health authorities reported on Wednesday that daily confirmed COVID-19 cases had jumped by more than 7,000 to 28,828, a new all-time record, with 72 deaths.

    Authorities said the Omicron variant, which is highly contagious, appeared to be dominant in the community, barely a month after it was first detected.

    Bars, nightclubs and restaurants will be forced to close at midnight, with no standing customers and no music, with the exception of New Year’s Eve when then can stay open until 2 a.m..

    Restaurant and night club owners braced for a tough period ahead, expecting a hit on sales in the next months.

    “Certainly for us in the restaurant sector, it is a disaster. On the other hand, you can’t go against the health situation. I can’t say I want to stay open and work while people are dying,” said Christos Kotsis, a live music cafe owner.

    Authorities had also tightened curbs last week, mandating masks in open spaces and banning Christmas and New Year festivities in public places.

    Health Minister Thanos Plevris told a news conference that if measures are fully complied with, it would allow a return to normality after mid-January.

    “We bought our stock for New Year’s Eve, people are out shopping and in the mood to spend, but unfortunately things are going to be really bad financially for our sector once again,” said Yannis Amerikanos, a restaurant manager.

    (Reporting by Michele Kambas, Lefteris Papadimas, George Georgiopoulos and Phoebe Fronista; Editing by Alison Williams and Alistair Bell)

    ATHENS (Reuters) -Greece is introducing new restrictions on the hospitality sector from Thursday, bringing forward measures planned for early January as coronavirus infections surge.

    Health authorities reported on Wednesday that daily confirmed COVID-19 cases had jumped by more than 7,000 to 28,828, a new all-time record, with 72 deaths.

    Authorities said the Omicron variant, which is highly contagious, appeared to be dominant in the community, barely a month after it was first detected.

    Bars, nightclubs and restaurants will be forced to close at midnight, with no standing customers and no music, with the exception of New Year’s Eve when then can stay open until 2 a.m..

    Restaurant and night club owners braced for a tough period ahead, expecting a hit on sales in the next months.

    “Certainly for us in the restaurant sector, it is a disaster. On the other hand, you can’t go against the health situation. I can’t say I want to stay open and work while people are dying,” said Christos Kotsis, a live music cafe owner.

    Authorities had also tightened curbs last week, mandating masks in open spaces and banning Christmas and New Year festivities in public places.

    Health Minister Thanos Plevris told a news conference that if measures are fully complied with, it would allow a return to normality after mid-January.

    “We bought our stock for New Year’s Eve, people are out shopping and in the mood to spend, but unfortunately things are going to be really bad financially for our sector once again,” said Yannis Amerikanos, a restaurant manager.

    (Reporting by Michele Kambas, Lefteris Papadimas, George Georgiopoulos and Phoebe Fronista; Editing by Alison Williams and Alistair Bell)

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