Headlines
At least four die after migrant boat sinks off Greek island of Lesbos
Published by Global Banking & Finance Review®
Posted on October 27, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on October 27, 2025
1 min readLast updated: January 21, 2026
Four migrants died after their boat sank off Lesbos, Greece. The coastguard rescued seven people, with rescue operations ongoing. Migration policies have tightened amid increased arrivals.
(Reuters) -Four migrants died when their boat sank off the Greek island of Lesbos, Greece's coastguard said on Monday, adding seven had been rescued from the sea.
"We recovered four bodies, the rescue operation continues. We don't know if there were more people on the boat," a coastguard official said.
This is the second fatal incident involving migrants off Lesbos, near the Turkish coast, in October.
Greece was on the frontline of a 2015-16 migration crisis when more than a million people fleeing war and poverty in the Middle East and Africa crossed into Europe.
Migrant flows subsequently ebbed. But the country has toughened migration rules, following a resurgence of arrivals from Libya via the islands of Crete and Gavdos.
(Reporting by Lefteris Papadimas and Antonis Pothitos; Editing by Toby Chopra and Alison Williams)
Humanitarian aid refers to assistance provided to people in need, often during crises such as natural disasters or conflicts. It aims to alleviate suffering and support recovery efforts.
Emerging markets are countries with developing economies that are in the process of rapid growth and industrialization. They often present investment opportunities due to their potential for high returns.
The financial community encompasses individuals and organizations involved in the management, investment, and regulation of financial assets. This includes banks, investors, and financial advisors.
A coastguard is a maritime security organization responsible for enforcing laws and regulations on the water, conducting search and rescue operations, and ensuring the safety of maritime activities.
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