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Daily Archives: July 4, 2022

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ATHEX: Banks drag benchmark into the red

UncategorizedBy July 4, 2022Leave a comment

Bank stocks compromised any determination by traders to see a rebound in the Greek bourse on Monday, as they dragged the benchmark and the blue chip index marginally into negative territory, although most other stocks stocks ended the day in the black.

Hellenic Petroleum joins forces with Germany’s RWE for offshore wind farms

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Hellenic Petroleum on Monday announced a cooperation deal with Germany’s RWE on offshore wind power parks in Greece.

Any interventions on fuel and power prices from September

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In September, “we will see what we will do with the fuel, we will see what will happen with the electricity, [and if prices rise] further we will proceed to additional interventions, and the abolition of the solidarity levy,” Finance Minister Christos Staikouras said in an interview with ANT1 TV on Sunday.

National Gallery showcases Parthenis

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The Greek National Gallery presents 150 pieces from its comprehensive collection on post-impressionist pioneer Konstantinos Parthenis (1878-1967).

ECB top shareholder Germany lays out conditions for aid to indebted states

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The European Central Bank’s biggest shareholder, Germany’s Bundesbank, laid out its conditions for providing fresh support to the euro zone’s most indebted countries on Monday after opposing such aid at an emergency meeting last month.

Wildfire burning uncontrollably in Amfissa; convent evacuated

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A wildfire is burning uncontrollably across three fronts near the town of Amfissa, in the municipality of Delfi, central Greece, the Fire Service said on Monday evening.

Russia says it will respond in kind to Bulgaria after diplomatic expulsions

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Russian Foreign Minister Sergei Lavrov said on Monday that Moscow would respond in kind to Bulgaria’s expulsion of 70 Russian diplomats, a day after two Russian airplanes departed Sofia with scores of Russian diplomatic staff and their families.

Funds grow more cautious with startups

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Greek startups posted a funding record in 2021, raising more than $1 billion in a year that proved to be “golden” at the international level for technology companies.

Energy market causes panic

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Crunch time has arrived for legislative interventions to remove the readjustment clause in power supply contracts and the new mechanism for recouping excessive earnings from the wholesale market.

Recent Covid spike particularly evident in young people and tourist areas, experts say

UncategorizedBy July 4, 2022Leave a comment

The increase in new Covid-19 infections in the last three weeks is particularly evident in the 18-24 age group and in tourist areas, public health experts said on Monday.

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