Today we turn to the Aegean Sea, where Turkey has upped the ante with a series of violations of Greece’s airspace and illegal overflights with fighter jets over Greek islands – some of them inhabited – since the beginning of the week.
Another six-month delay is to be imposed on the process for the privatization of troubled Larco General Mining & Metallurgical Co SA.
Most children in Greece were emotionally impacted by the lockdown last year, according to a study titled “The effects of Covid-19 Restrictive Measures on the Rights of the Child” by Dr Antonios Kouroutakis, assistant professor at the IE University in Madrid.
Container workers at Piraeus Port, which is majority owned by Chinese shipping group COSCO, will hold a 24-hour strike on Thursday, protesting to a financial proposal included in their collective labor agreement tabled by the company.
Greece is set to experience a summer reminiscent of the pre-Covid era as no certificates or tests will be required for access to shops and general activities while mask use will be only required in very specific places as of June 1, according to Health Minister Thanos Plevris.
“A large number of US funds and others want to invest mostly in the renewable energy sources sector, in tourism and real estate in Greece.”
NTT Data, the sixth largest IT services provider in the world, said on Tuesday it was planning to recruit a total of 400 people for a new office in Athens.
Nonperforming loans in the Cypriot credit system have now dropped to 2.3 billion euros, following the transaction between Hellenic Bank and Pimco for the sale of nonperforming exposures worth €720 million.
Cyprus’ Deputy Minister for Research, Innovation and Digital Policy Kyriacos Kokkinos spoke of a new era in relations between Cyprus and Greece in the field of digital transformation on Wednesday.
The European Investment Bank has agreed to provide a 75-million-euro 10-year loan to Elval, ElvalHalcor’s aluminium rolling division, financing 50% of its new investment.