The Bank of Greece cut its forecast for economic growth to 3.8% this year from 4.8% earlier and raised its forecast for the inflation rate to 5.2% under the base scenario, in its annual report released on Thursday.
Geoffrey R. Pyatt, the United States Ambassador to Greece, reaffirmed the close strategic relationship between Greece and the United States in his speech at the Delphi Economic Forum on Thursday, and praised the transformation of Greece over his five years in the country.
Police on Thursday arrested a mother and her partner on suspicion of neglecting her three children who were found living in a mice- and cockroach-infested dwelling in Athens.
Greek commerce has entered a transformation phase, in the sense mainly of the enlargement of big corporations and the gradual shrinking of small businesses.
Any questions that may have lingered about Washington’s intention to support the construction of the EastMed or other pipelines in the Eastern Mediterranean have been put to rest by US Under Secretary of State Victoria Nuland, who spoke to Kathimerini during a visit to Athens on Tuesday.
Prime Minister Kyriakos Mitsotakis urged Europe on Thursday to quickly find a way to address soaring gas and power prices, which have dented household income, or risk seeing the “forces of populism” reappear on the continent.
Turkish Foreign Minister Mevlut Cavusoglu said on Thursday he had told his Ukrainian counterpart Dmytro Kuleba that peace talks with Russia can be held in Turkey from now on.
Cyprus is moving to ease Covid-19 restrictions as the key summer tourist season approaches, abolishing the outdoor facemask mandate and the obligation to show a recovery or inoculation certificate for work and shopping.
Cyprus will revoke the passports of four sanctioned Russians who had received citizenship under an investment scheme discontinued in late 2020, government sources said on Thursday.