PPC rating upgrade by Standard & Poor’s
Standard & Poor’s on Monday upgraded Public Power Corporation’s (PPC) credit rating to BB- from B+ with a stable outlook.
Greek and Turkish Cypriots march together on May Day
Greek- and Turkish-Cypriot trade unionists joined forces on Sunday in celebrating Labor Day for the first time after two years of the coronavirus pandemic.
Motorway crash in Athens
The portion of the Pireaus-Lamia motorway that crosses through Athens was the site of a crash on Monday when a vehicle was overturned. However, there were no injuries reported from the incident. The crash did cause significant traffic issues, particularly as it exacerbated the return of many Athenians from the countryside.
Greek President met with Belgian royals, reaffirmed excellent level of bilateral relations
The excellent level of bilateral relations between Greece and Belgium and the common values and principles shared by the two countries were reaffirmed during a meeting on Monday between President of the Hellenic Republic Katerina Sakellaropoulou, Mr. Pavlos Kotsonis and King Philippe and Queen Mathilde of the Belgians, who are on an official visit to…
Obstacles to investment grade
Greece’s recent market foray and the yields of Greek sovereign bonds, with the 10-year note topping 3% against 0.53% last August, highlight how hard borrowing conditions have become.
New Covid-19 cases ease to 2,665
Greek health authorities announced 2,665 new reported cases of Covid-19 and 30 virus-related deaths during their daily health briefing on Monday. The National Organization for Public Health (EODY) also stated that there are currently 235 intubated patients being treated in Intensive Care Units.
Tax revenues seen rising over €47 bln
This year’s tax revenues may even climb above 47 billion euros, with Finance Ministry officials about to upwardly revise their target.
Traffic accident in Lamia
Central Lamia was the site of a traffic accident on Monday afternoon when a delivery driver violated a stop sign and crashed into a family car.
Three arrested for firearm offenses
Three men were arrested in Zefyri in West Attica on Monday for illegal possession of a firearm. The police officers were responding to complaints of disturbing a peace when they heard weapons going off.
Bahceli: Zelenskyy would be better off trusting Turkey
Turkish President Recep Tayyip Erdogan’s nationalist ally has criticized Ukraine President Volodymyr Zelenskyy of failing to acknowledge his country’s efforts to end the war with Russia.