Major decline of current account deficit in February

Greece’s current account deficit narrowed sharply in February compared to the same month in 2020, to 84 million euros from €1.15 billion a year earlier, the Bank of Greece said yesterday. Tourism revenues fell to €23 million in February from €221 million in the same month in 2020, as global restrictions to stem the spread of the Covid-19 pandemic took a toll on travel. (Reuters)

Sustainability forum. The two-day Annual Capital Link Sustainability Forum opens today, titled “Tackling Social & Economic Transformation, Sustainable Growth: Environment - Economy - Society,” with the participation of the Greek ministers of development, transport, energy and agricultural development, as well as the governor of the Bank of Greece. The digital conference will take place from 3 to 10 p.m. (Greek time) today and tomorrow, though the digital doors will open from 2 p.m. for networking.

Albania quarantine. The Albanian government on Monday announced the decision to impose a 14day quarantine on all travelers entering the country from Greece and North Macedonia. The decision was announced at a press conference by Deputy Minister of Health and Social Protection Mira Rakacolli, who is also the head of the Technical Committee of Experts on the coronavirus situation. Rakacolli said that the decision was taken due to the serious Covid-19 situation in Greece and North Macedonia, where the numbers of new coronavirus cases have increased. The new measure, according to Rakacolli, was to enter into effect from yesterday and will last until May 3. Rakacolli said that the pandemic situation in Albania has improved thanks to citizens’ cooperation in abiding by the restrictive rules, vaccination campaign and the precautions taken at the right time. (Xinhua)