Wind becomes Nova in big telecoms merger
The merger of Nova with Wind is going ahead and the two telecommunications firms announced on Tuesday that the company to emerge will bear the name Nova.
Attica battles flames into the night
Settlements in Penteli, north of Athens, including two children’s hospitals, were evacuated after a large wildfire broke out on Tuesday and split up into many different fronts as it spread to residential areas and in some instances reached the yards of homes.
Accommodation takings in May show strong recovery
Turnover in the accommodation sector topped half a billion euros for the first May since 2019, a further indication of the record revenues expected this year from increased tourism traffic.
Parliament approves assisted reproduction bill
A Health Ministry bill increasing the womens’ age limit for assisted reproduction to 54 years from the current 50 was approved by lawmakers on Tuesday.
ECB considers 50-bp rate hike for Thursday
European Central Bank policymakers are considering raising interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tame record-high inflation, two sources with direct knowledge of the discussion told Reuters.
ExxonMobil gets majority of exploration rights for Crete project
ExxonMobil acquired the majority of hydrocarbon exploration rights in the region of west and southwest of Crete, following the departure of TotalEnergies last April, Greece’s Hellenic Petroleum announced on Tuesday.
ATHEX: Positive end to day with early losses
The Greek stock market shook off the morning pressure from the increased inflation in the eurozone (at 8.6% in June) and rode the wave of relief, generated later on Tuesday by the apparent intention of Moscow to resume the transmission of natural gas to central Europe from this week, to close the day with small…
Norwegian Escape takes passengers on Med cruises
Norwegian Cruise Line (NCL) marks the successful return of Norwegian Escape, the first ship of the brand’s highly successful Breakaway-Plus Class, to Europe since 2015 as she completed her first voyage to the Eastern Mediterranean.
EFSF, ESM have Greece €748 mln better off
The European Financial Stability Facility (EFSF) on Tuesday announced that its board has decided to reduce to zero the step-up margin accrued by Greece for the period between January 1 and June 17, as part of the medium-term debt relief measures agreed for the country in 2018.
Police help battle Penteli blaze, safeguard properties
Police report that more than 200 officers are helping firefighters battle the big blaze on Mt. Penteli.