Bulgaria’s president tries to unlock political crisis
Bulgaria’s president launched talks on Friday with all political parties represented in parliament to see if there was still a chance to form a government and avoid another early election.
Tourism is likely to see record year, hotelier says
Greek tourism is likely to see a record year, outmatching that of 2019 in terms of arrivals and revenue, Grigoris Tasios, president of the Hellenic Hoteliers Federation, has said.
Firefighters continue to battle blaze on Crete
Firefighters on Saturday morning were continuing to battle a large fire that broke out early Friday morning in a rural party of Rethymno prefecture, Crete, that has led to the evacuation of seven villages.
Fire risk remains very high in five regions on Saturday
The risk of fire remains very hight in five regions of Greece on Saturday – Attica, Central Greece (Viotia, Evia), Peloponnese (Corinthia and Argolida), Crete and Northern Aegean (Chios, Samos, Ikaria) – the General Secretariat of Civil Protection has warned.
House prices keep climbing
The strong upward trend of sale and rental prices for houses continued in the second quarter of the year, data from the Spitogatos Property Index (SPI) has shown.
Power Pass subsidy extended to June electricity bills
“We will stand by every Greek man and woman until this storm passes,” Prime Minister Kyriakos Mitsotakis said in a statement concerning the activation on Friday of the Power Pass payments to consumers.
House passes $840 billion military policy bill
The House on Thursday passed an $840 billion policy bill that would increase President Joe Biden’s requested Pentagon budget by $37 billion, reflecting a growing bipartisan appetite in Congress to raise military spending amid new threats from Russia and China.
Cyprus prices show no sign of letting up
The cost of basic consumer goods continues to rise in Cyprus, pushing the price of such modest products as the greenhouse cucumber – which was the largest increase recorded – 52.2% higher between June 8 and July 13, according to the data published on Friday by the country’s Consumer Protection Agency.
Gov’t calls for more private debt settlement deals
Finance Minister Christos Staikouras is putting pressure on banks and servicers to intensify efforts towards finding solutions for the settlement of nonperforming loans.
European Commission sees higher growth for Cyprus
The European Commission has revised, in its summer forecasts, Cyprus’ real GDP growth in 2022 to 3.2%.