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Greece Promises Extra Aid for Grieving Farmers
  + stars: | 2024-02-02 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +1 min
Prime Minister Kyriakos Mitsotakis told parliament that the measure would cost the state 82 million euros ($89.31 million) in 2024 and announced more steps to appease the protesters. Farmers have been setting up blockades in central and northern Greece, echoing grievances from farmers across Europe, who have staged hundreds of tractors blockades in France and Brussels where EU leaders met on Thursday. A group of them lined up their tractors in the northern city of Thessaloniki on Thursday, surrounding the Agrotica trade fair venue. PPC, Greece's biggest power utility, will also offer an extra 10% rebate on electricity for farmers from May to September, Mitsotakis, who met protesting farmers in central Greece this week, said. Mitsotakis said that the state will spend in total 3.3 billion euros over the coming years to repair damage in Thessaly.
Persons: Kyriakos Mitsotakis, Mitsotakis, Lefteris Papadimas, Angeliki Koutantou, Renee Maltezou, William Maclean Organizations: Farmers, EU Locations: ATHENS, Greece, Europe, France, Brussels, Thessaloniki, Thessaly
Tsafaras has been robbed twice, with thieves stealing more than a tonne of his olives in one incident last month. Greek police confirmed to Reuters that there is a spike in thefts of olives and olive oil across the country this year. Greece is the world's third-biggest producer of olive oil behind Italy and Spain, which have seen similar incidents. The decline in output has doubled olive oil wholesale prices to 8-9 euros per litre, according to government officials. Retail prices have reached up to 14 euros, making the crop an appealing target for thieves.
Persons: Louisa Gouliamaki, Panagiotis Tsafaras, Tsafaras, Dimitris Plakonouris, Plakonouris, Panagiotis Foudas, Lefteris Papadimas, Mark Porter Organizations: REUTERS, Reuters, Thomson Locations: Sesklo, Greece, Filiatra, Italy, Spain,
The euro zone and the International Monetary Fund (IMF) together lent Greece more than 260 billion euros during its decade-long debt crisis which began in late 2009, in exchange for tough austerity measures. Last year, it paid off the IMF, which provided it with 28 billion euros between 2010 and 2014 - two years ahead of schedule. Euro zone countries lent Greece 53 billion euros in bilateral so-called Greek Loan Facility (GLF) loans during its first bailout, with maturities extending to 2041. With the planned payment this year, Greece will have repaid a total of about 13 billion euros. It has a liquidity buffer of more than 35 billion euros due to higher than expected tax revenues, strong growth and primary surpluses.
Persons: Dado, Lefteris Papadimas, Alexander Smith Organizations: Rights, Reuters, International Monetary Fund, IMF, Loan, Thomson Locations: Greece, bailouts
Cargo ship sinks off Greek island, one dead, 12 missing
  + stars: | 2023-11-26 | by ( ) www.reuters.com   time to read: 1 min
ATHENS, Nov 26 (Reuters) - One person has died and 12 people were missing on Sunday after a cargo ship carrying salt with 14 crew on board sank off the island of Lesbos, the Greek coast guard said. The Comoros-flagged "Raptor" had departed from El Dekheila port in Egypt and was bound for Istanbul when it reported a mechanical failure and issued a distress call early on Sunday, the coast guard added. "One body recovered from the area," a coast guard official told Reuters adding that one person was rescued by helicopter and was taken to the island's hospital. Eight of the crew were Egyptians and the rest were Syrian and Indian nationals. Reporting by Lefteris Papadimas; Writing by Renee Maltezou; Editing by Jan Harvey, David Goodman and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.
Persons: Lefteris Papadimas, Renee Maltezou, Jan Harvey, David Goodman, Alexander Smith Organizations: Reuters, Thomson Locations: ATHENS, Lesbos, Comoros, El Dekheila, Egypt, Istanbul
LONDON (Reuters) - Talks over a possible return of the British Museum's Parthenon Sculptures to Athens are not advancing quickly enough, Greek Prime Minister Kyriakos Mitsotakis said on Sunday as he prepared to meet British Prime Minister Rishi Sunak this week. Athens has long campaigned for the return of the Elgin Marbles, as they are often described. The 75 metres of Parthenon frieze, 15 metopes and 17 sculptures were removed by diplomat Lord Elgin in the early 19th century, when he was ambassador to the Ottoman Empire then ruling Greece. "We have not made as much progress as I would like in the negotiations," Mitsotakis told BBC television on Sunday. The Financial Times last week reported that Starmer would not block a "mutually acceptable" loan deal for the sculptures.
Persons: Kyriakos Mitsotakis, Rishi Sunak, Lord Elgin, Mitsotakis, we've, George Osborne, Sunak, Keir Starmer, Starmer, William Schomberg, Lefteris Papadimas, David Goodman Organizations: British, Elgin, BBC, Museum, Labour Party, Financial Locations: Athens, Ottoman Empire, Greece, British
[1/3] An employee views examples of the Parthenon sculptures, sometimes referred to in the UK as the Elgin Marbles, on display at the British Museum in London, Britain, January 25, 2023. Athens has long campaigned for the return of the Elgin Marbles, as they are often described. The 75 metres of Parthenon frieze, 15 metopes and 17 sculptures were removed by diplomat Lord Elgin in the early 19th century, when he was ambassador to the Ottoman Empire then ruling Greece. "We have not made as much progress as I would like in the negotiations," Mitsotakis told BBC television on Sunday. The Financial Times last week reported that Starmer would not block a "mutually acceptable" loan deal for the sculptures.
Persons: Toby Melville, Kyriakos Mitsotakis, Rishi Sunak, Lord Elgin, Mitsotakis, we've, George Osborne, Sunak, Keir Starmer, Starmer, William Schomberg, Lefteris Papadimas, David Goodman Organizations: Elgin, British Museum, REUTERS, British, BBC, Museum, Labour Party, Financial, Thomson Locations: London, Britain, Athens, Ottoman Empire, Greece, British
Cargo ship sinks off Greek island, 13 crew members missing
  + stars: | 2023-11-26 | by ( ) www.reuters.com   time to read: 1 min
ATHENS, Nov 26 (Reuters) - A cargo ship carrying salt sank off the Greek island of Lesbos on Sunday, with all but one of its 14-strong crew still missing, the Greek coast guard said. The Comoros-flagged ship "Raptor" had departed from El Dekheila port in Egypt and was sailing to Istanbul when it reported a mechanical failure and issued a distress call early on Sunday, the Greek coast guard said. Eight of the crew were Egyptians and the rest were Syrian and Indian nationals. The coast guard had rescued one person, who was airlifted by helicopter in gale force winds. Reporting by Lefteris Papadimas Writing by Renee Maltezou Editing by Jan Harvey and David GoodmanOur Standards: The Thomson Reuters Trust Principles.
Persons: Lefteris, Renee Maltezou, Jan Harvey, David Goodman Organizations: Thomson Locations: ATHENS, Lesbos, Comoros, El Dekheila, Egypt, Istanbul
The government expects economic output to rise 2.9% next year following a 2.4% expansion this year, partly with the help of European Union recovery funds. Investment is seen growing by about 15.1% in 2024 more than double compared with this year. Greece has recently regained investment grade status for its debt attracting investment as its economy strengthens after a decade-long economic crisis. Its strong economic performance is also reflected in higher than expected tax revenues. Athens also expects to raise 5.77 billion euros from state asset sales in 2024, the budget said.
Persons: Costas Baltas, Thanos Petralias, Lefteris Papadimas, Robert Birsel Organizations: REUTERS, Rights, Investment, Thomson Locations: Athens, Greece
Climate Change Conference (COP 28) that opens on Nov. 30 in Dubai. Neither floods nor fires are new to Greece but with climate change, they are becoming a frequent disruptor to an economy dependent on tourism and farming. "We have to change our prediction methods," Skylakakis said, acknowledging the rapid pace of climate change. Mitsotakis has urged the EU to top up its solidarity fund and help countries tackle the impact of climate change. Adaptation measures worth 67 billion euros could reduce that loss to 510 billion euros, the country's leading economic think tank IOBE said in a February report.
Persons: Louisa Gouliamaki, Dimitris Kouretas, Kouretas, Theodore Skylakakis, Storm Daniel, Kostas Agorastos, Giorgos Stasinos, Kyriakos Mitsotakis, Sokratis Famellos, Skylakakis, Thanos Giannakakis, Nikos Papathanasis, Miltiadis Gkouzouris, Mitsotakis, Petros Varelidis, Lefteris Papadimas, Renee Maltezou, Michele Kambas, Daniel Flynn Organizations: Reuters, United Nations Environment Program, Mount Olympus, HVA, Chamber, European, Justice, EU, Water Management, Environment Ministry, Thomson Locations: Vlohos, Greece, Greece's, Thessaly, Europe, Dubai, Los Angeles, Dutch, Athens, Thessaly's, Mouzaki, Netherlands
Greece's National Bank stake sale oversubscribed -source
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
The logo of National Bank is seen outside a branch in Athens March 23, 2015. REUTERS/Alkis Konstantinidis/File Photo Acquire Licensing RightsATHENS, Nov 16 (Reuters) - Greece on Thursday sold a 22% stake in National Bank (NBG), its second-biggest lender by market value, with the sale oversubscribed by more than eight times, a source close to the process told Reuters. On Monday, HFSF concluded the sale of a 9% stake in Alpha Bank to UniCredit and announced plans to sell a 20% stake in NBG. A book-building process and a public offering for the sale of the NBG stake which started on Nov. 14 concluded on Thursday, with the final offer price set at 5.30 euros a share, the source said. HFSF, which owns 40% in NBG, sold a total of 201,237,334 shares, raising more than 1 billion euros, according to Reuters calculations.
Persons: Alkis, HFSF, Lefteris Papadimas, Toby Chopra Organizations: National Bank, REUTERS, Rights, Reuters, P Global, Alpha Bank, Fidelity, Norges, Lazard, RWC, Allianz, Thomson Locations: Athens, Greece, UniCredit, NBG, Blackrock
National Bank stake sale oversubscribed - source
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: 1 min
The logo of National Bank is seen outside a branch in Athens March 23, 2015. REUTERS/Alkis Konstantinidis/File Photo Acquire Licensing RightsATHENS, Nov 16 (Reuters) - The sale of a 22% stake in National Bank of Greece (NBG) by the country's HFSF bank bailout fund was oversubscribed by more than eight times on Thursday, a source close to the process told Reuters. The sale via a book-building process and a public offering concluded earlier on Thursday at 5.30 euros per share, the source said. Fidelity, Blackrock, Norgest, Lazard, RWC and Alliance were among the investors who bought shares in Greece's second largest bank by market value. Lefteris PapadimasOur Standards: The Thomson Reuters Trust Principles.
Persons: Alkis, Lazard Organizations: National Bank, REUTERS, Rights, National Bank of Greece, Reuters, Fidelity, RWC, Thomson Locations: Athens, Blackrock, Norgest, Greece's
"Demand covered 6.2 times the shares offered," the source involved in the process said on condition of anonymity. On Monday, HFSF concluded the sale of a 9% stake in Alpha Bank to UniCredit and announced plans to sell a 20% stake in NBG. The value of the 20% stake is estimated at about 1 billion euros ($1.09 billion). HFSF currently holds a 40.4% stake in NBG and a 27% holding in Piraeus Bank, (BOPr.AT), Greece's third-largest lender. A source told Reuters on Monday that out of the 20% stake in NBG, 17% would be offered to funds and 3% to retail investors.
Persons: Alkis, HFSF, Greece's, JP Morgan, Goldman Sachs, Morgan Stanley, Lefteris Papadimas, Louise Heavens, Sharon Singleton Organizations: National Bank, REUTERS, Rights, Greece's National Bank, Reuters, P Global, Alpha Bank, Piraeus Bank, UBS, Thomson Locations: Athens, Greece, UniCredit, NBG
Greece starts process to sell 20% stake in National Bank
  + stars: | 2023-11-13 | by ( ) www.reuters.com   time to read: +1 min
People walk outside the National Bank of Greece headquarters in Athens, Greece, January 17, 2022. REUTERS/Louiza Vradi/File photo Acquire Licensing RightsATHENS, Nov 13 (Reuters) - Greece on Monday announced plans to sell a 20% stake in National Bank of Greece (NBG) after concluding the sale of a 9% stake in Alpha Bank to UniCredit as it looks to divest from the country's lenders. It currently holds a 40.4% stake in NBG and a 27% stake in Piraeus Bank (BOPr.AT), Greece's third largest lender. NBG's shares were down about 1% at 5.39 euros at 1012 GMT on Monday, with the 20% stake valued at about one billion euros ($1.07 billion). Earlier on Monday, HFSF said it sold its 9% stake in Alpha Bank (ACBr.AT) to UniCredit for 293.5 million euros after an improved bid from the Italian bank.
Persons: Louiza, HFSF, Lefteris Papadimas, Jason Neely Organizations: National Bank of, REUTERS, Rights, Monday, National Bank of Greece, Alpha Bank, Hellenic, Stability, Piraeus Bank, Reuters, Global, Thomson Locations: National Bank of Greece, Athens, Greece, UniCredit, NBG
ATHENS, Nov 13 (Reuters) - Greece's state-controlled bank bailout fund HFSF said on Monday it sold its 9% stake in Alpha Bank (ACBr.AT) to UniCredit after an improved bid by the Italian bank. UniCredit (CRDI.MI) announced last month it would become Alpha Bank's biggest investor by buying a 9% stake owned by Greece's HFSF and also agreed to acquire most of Alpha's Romanian business. Greece has been attracting significant investment as its economy strengthened after the crisis, prompting S&P Global to upgrade the country to investment grade in October. HFSF sold last month its 1.4% stake in Eurobank and is expected to proceed with the sale of about 20% of National Bank in next coming days. Reporting by Lefteris Papadimas; Editing by Tom Hogue and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
Persons: HFSF, Greece's HFSF, UniCredit, Lefteris Papadimas, Tom Hogue, Stephen Coates Organizations: Alpha Bank, Alpha, Athens Stock Exchange, Global, National Bank, Thomson Locations: ATHENS, Italian, Romanian, Greece, Eurobank
Oct 20 (Reuters) - S&P Global is the first among the “big three” rating agencies to upgrade Greece to investment grade since the country’s debt crisis in 2010. The other two agencies, Fitch and Moody's, rate the country one notch below investment grade. DBRS Morningstar upgraded Greece's rating to investment grade BBB (low) last month. Greece expects economic output to rise 3% in 2024 following a 2.3% expansion this year more than twice the eurozone average. It’s trading as investment grade anyway,” Rabobank senior rates strategist Lyn Graham-Taylor told Reuters.
Persons: Fitch, DBRS Morningstar, Lyn Graham, Taylor, Akshita, Harry Robertson, Shailesh Kuber, Marguerita Choy Organizations: Global, BBB, Reuters, Greece's, Rabobank, Thomson Locations: Greece, Bengaluru, Lefteris, Athens
A Norwegian Air plane is refuelled at Oslo Gardermoen airport, Norway November 7, 2019. Norwegian Air (NAS.OL) said it had cancelled a planned evacuation flight from Tel Aviv to Oslo due to a lack of insurance cover. The Dutch foreign ministry said it would send a military plane to Israel on Thursday instead. Norwegian Air had been due to fly Norwegian and other Nordic citizens stranded in Israel out of the country on Thursday evening. Germany's Lufthansa (LHAG.DE) was sticking to its plans for evacuation flights on Thursday and Friday.
Persons: Lefteris, Anna Ringstrom, Bart H, Meijer, Tim Hepher, Terje Solsvik, Deborah Kyvrikosaios Organizations: REUTERS, Rights, Airlines, Norwegian Air, Dutch KLM, Air, Norwegian, KLM, Air France, Nordic, Hamas, Lufthansa, Thomson Locations: Norwegian, Oslo Gardermoen, Norway, Rights STOCKHOLM, AMSTERDAM, Israel, Air France, Tel Aviv, Oslo, Paris
Member of the ECB governing council and Governor of the Bank of Greece, Yannis Stournaras talks during an interview with Reuters in Athens, Greece, October 11, 2023. In the interview, Greece's central bank governor also warned about the risk of stagflation from a prolonged war in the Middle East and spoke against increasing the amount of reserves that banks must hold. He countered calls by some of his colleagues for an early end to the ECB's last surviving bond-buying scheme, saying the central bank may need that firepower in a geopolitical environment fraught with risks. The ECB all but stopped buying bonds last year after a sudden surge in inflation forced it to unwind a decade of stimulus policies. "For the moment I see no reason why we should tighten monetary policy now because increasing the minimum requirements will imply monetary policy tightening," Stournaras said.
Persons: Yannis Stournaras, Louisa Gouliamaki, Rome, ECB policymaker Yannis Stournaras, Stournaras, Francesco Canepa, Mark Potter Organizations: Bank of Greece, Reuters, REUTERS, European Central Bank, ECB policymaker, ECB, Investors, European Commission, Thomson Locations: Athens, Greece, ATHENS, Israel, Palestine, Italy, Rome
VOLOS, Greece Sept 28 (Reuters) - Torrential rain battered central Greece, flooding streets, homes and businesses in the port city of Volos and on the island of Evia, just three weeks after devastating Storm Daniel killed 16 people in the wider region. "The private helicopter, an A-109 type, was en route to Volos city with at least one person on board," a civil aviation official told Reuters. The storm hit Volos with rain so heavy that water levels in the city and its suburbs rose rapidly in a few hours. [1/4]People try to make their way to an apartment block amid storm Elias in the city of Volos, Greece, September 28, 2023. Storm Elias is the second major storm to hit the region since Daniel, the most intense storm to hit Greece since records began in 1930, battered the region for three days earlier in September.
Persons: Storm Daniel, Storm Elias, Elias, Louisa Gouliamaki, Achilleas Beos, Daniel, Yannis Gavanoudis, Stamos Prousalis, Lefteris Papadimas, Renee Maltezou, Miral Fahmy, Ros Russell Organizations: Reuters, Authorities, REUTERS, ERT, Thomson Locations: VOLOS, Greece, Volos, Evia, Athens, Karditsa, Larissa, Libya, Derna
Greece to tap into undocumented migrants to curb labour squeeze
  + stars: | 2023-09-27 | by ( ) www.reuters.com   time to read: +2 min
A migrant stands in the Mavrovouni camp on the island of Lesbos, Greece, November 25, 2021. The new proposal would look at allowing the 300,000 migrants estimated already to be living illegally in Greece to work in some sectors, Migration Minister Dimitris Kairidis told state broadcaster ERT. "We need to see what to do with the population that is already in our country, without creating further magnets for others to come illegally," Kairidis said. Kairidis is expected to formally outline the initiative at a cabinet meeting next month, a migration ministry official told Reuters. Agriculture Minister Lefteris Avgenakis said he was in talks with the migration ministry to tackle this problem.
Persons: Louiza, Dimitris Kairidis, Kairidis, Kyriakos Mitsotakis, Lefteris Avgenakis, Avgenakis, Karolina Tagaris, Angeliki, Peter Graff 私 Organizations: REUTERS, Rights, Migration, ERT, Reuters, Agriculture Locations: Lesbos, Greece, East, Asia, Eastern Europe, Albania, Bangladesh, India, Egypt
Greek Prime Minister Kyriakos Mitsotakis speaks to journalists, in the aftermath of Storm Daniel in central Greece, in Larissa, Greece, September 8, 2023. REUTERS/Kostas Mantziaris/File Photo Acquire Licensing RightsATHENS, Sept 16 (Reuters) - Greek Prime Minister Kyriakos Mitsotakis is expected to announce state reforms and relief measures in a keynote speech on Saturday, days after a devastating rainstorm killed at least 17 people, sources said. The storm swept through Thessaly in central Greece for three days flooding cities and villages and turning the region into an inland sea. So we need to make more changes," one of the officials said, adding that fiscal prudence was necessary due to the relief measures for Thessaly. Greece will include any extra spending in a supplementary budget for 2023, which will not derail the country's fiscal progress, a second official said.
Persons: Kyriakos Mitsotakis, Storm Daniel, Kostas Mantziaris, Daniel, Greece's, Mitsotakis, Renee Maltezou, Lefteris Papadimas, David Holmes Organizations: REUTERS, Rights, European Union, Mega TV, Thomson Locations: Greece, Larissa, Thessaly
Greek Prime Minister Kyriakos Mitsotakis speaks to journalists, in the aftermath of Storm Daniel in central Greece, in Larissa, Greece, September 8, 2023. The storm swept through Thessaly in central Greece for three days flooding cities and villages and turning the region into an inland sea. "We still have a state which, despite the reforms, does not correspond to current needs. So we need to make more changes," one of the officials said, adding that fiscal prudence was necessary due to the relief measures for Thessaly. Greece will include any extra spending in a supplementary budget for 2023, which will not derail the country's fiscal progress, a second official said.
Persons: Kyriakos Mitsotakis, Storm Daniel, Kostas Mantziaris, Daniel, Greece's, Mitsotakis, Renee Maltezou, Lefteris Papadimas, David Holmes Organizations: REUTERS, Rights, European Union, Mega TV, Thomson Locations: Greece, Larissa, Thessaly
General view of flood water covering the area as a powerful storm and heavy rainfall hit Al-Mukhaili, Libya September 11, 2023, in this handout picture. As the storm moved along the North African coast, Egypt's authorities sought to calm its worried citizens by telling them Daniel had finally lost its strength. For Greece, the storm that formed on Sept. 4 followed a period of blazing heat and wildfires. Before Storm Daniel struck, hydrologist Abdelwanees A. R. Ashoor of Libya's Omar Al-Mukhtar University had warned that repeated flooding of the wadi posed a threat to Derna. Yet even better-resourced Greece struggled to deal with the power of Storm Daniel.
Persons: Daniel, Storm Daniel, Suzanne Gray, Christos Zerefos, Leslie Mabon, hydrologist, Omar Al, Mukhtar University, Edmund Blair, Mark Heinrich Our Organizations: REUTERS Acquire, Ahram, Britain's University of Reading, International Federation of, Red Crescent Societies, Academy of Athens, The Open University, Homes, Thomson Locations: Mukhaili, Libya, Handout, Greece, Derna, ATHENS, LONDON, Thessaly, Britain
Greek rescue teams move into worst-hit flood villages
  + stars: | 2023-09-09 | by ( ) www.reuters.com   time to read: +2 min
REUTERS/Alexandros Avramidis Acquire Licensing RightsATHENS, Sept 9 (Reuters) - Rescue teams took people out of floodwaters in inflatable boats and in bulldozers on Saturday as they moved into villages hit hardest by a sweeping rainstorm that killed at least 10 people in central Greece this week. Authorities, who have struggled to evacuate people from flooded areas, raised the death toll to 10 people on Friday afternoon. On Saturday, rescue teams were moving into villages near the city of Larissa and close to the River Pineios. Extreme weather events have struck across the globe in recent weeks, with floods in Scandinavia, southeast Europe and Hong Kong. Reporting by Stamos Prousalis, Renee Maltezou, Lefteris Papadimas and Michele Kambas Editing by Frances KerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Storm Daniel, Alexandros Avramidis, Stamos Prousalis, Renee Maltezou, Lefteris Papadimas, Michele Kambas, Frances Kerry Organizations: REUTERS, Rights, pummelled, Authorities, Thomson Locations: Greece, Palamas, pummelled Greece, Larissa, Thessaly, Karditsa, Athens, Thessaloniki, Scandinavia, Europe, Hong Kong, India
The mainland port city of Volos, the surrounding mountainous Pelion area and the cities of Karditsa and Trikala were among the worst-hit areas. Civil Protection Minister Vassilis Kikilias said during a press briefing on Thursday that six people had been reported missing in the area of Karditsa. A senior fire brigade official told Reuters that the body of a man was found in the town of Domokos. [1/5]Locals are evacuated on a boat by volunteers, as storm Daniel hits central Greece, in Farkadona, Greece, September 7. Flash floods in Greece in 2017 killed 25 people and left hundreds homeless.
Persons: Daniel, Kyriakos Mitsotakis, Pavlos Marinakis, Marinakis, Vassilis Kikilias, Kostas Mantziaris, Palamas, Giorgos Sakellariou, Vasilios Vathrakogiannis, Lefteris Papadimas, Angeliki Koutantou, Renee Maltezou, Alex Richardson Organizations: Civil, Reuters, REUTERS, coastguard, Thomson Locations: Greece, Volos, Karditsa, Trikala, Thessaly, Domokos, Farkadona, Palamas, Agia Triada, Skiathos
REUTERS/Kostas Mantziaris Acquire Licensing RightsATHENS, Sept 6 (Reuters) - At least two people died and three were missing on Wednesday after torrential rain flooded homes and businesses and destroyed infrastructure in central Greece, the fire brigade said. A Reuters witness said that the river near the nursing home had swallowed the road and flooded a train station in Volos, disrupting train traffic. Greece has said the weather was the most extreme in terms of the amount of rainfall since records have been kept in the country. Police on Wednesday issued traffic warnings for the cities of Trikala and Karditsa as the rainstorm was expected to intensify again later on Wednesday. In northwest Turkey, at least five people were killed after heavy rains triggered flash floods, Turkish state broadcaster TRT Haber said on Wednesday.
Persons: Daniel, Kostas Mantziaris, Storm Daniel, Haber, Lefteris Papadimas, Angeliki Koutantou, William Maclean Organizations: REUTERS, Rights, Reuters, Police, Thomson Locations: Nea Lefki, Larissa, Greece, Volos, Trikala, Karditsa, Turkey
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