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Monthly Archives: July 2022

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Taxpayers set to benefit from all extra fiscal space, says FinMin

UncategorizedBy July 12, 2022Leave a comment

Additional fiscal space will be created in the summer, which will be returned to the citizens in its entirety, Finance Minister Christos Staikouras stated.

PM: Erdogan must make position clear

UncategorizedBy July 12, 2022Leave a comment

Prime Minister Kyriakos Mitsotakis has called on Turkish President Recep Tayyip Erdogan to clarify whether he shares the stance of his junior coalition partner, Devlet Bahceli, who was shown in a photo at the weekend holding a map depicting large Greek islands, including Crete, as Turkish. 

TUI sees record demand for the Greek destination

UncategorizedBy July 12, 2022Leave a comment

Holiday group TUI expects the highest level of demand for Greece on record this year, its director of communications, Aage Duenhaupt, said on Sunday. 

Widespread tourism benefits

UncategorizedBy July 12, 2022Leave a comment

Tourism is proving the main factor offsetting the effects on the Greek economy from the global energy and inflation crisis, as its dynamic recovery this year, possibly at levels 10% higher than the record year of 2019, is creating expectations for higher-than-expected growth.

Goose bumps build for the Webb’s 1st snapshots of the universe

UncategorizedBy July 12, 2022Leave a comment

On Tuesday morning, NASA will show off the first pictures and data from the new James Webb Space Telescope. That will bring to an end some 30 years and $10 billion of planning, building, testing and innovating, followed by six months of terror, tension and anticipation.

Corinth Canal busy as ever after reopening

UncategorizedBy July 12, 2022Leave a comment

Some 200 crossings through the Corinth Canal were recorded last week, following its reopening on July 4 after substantial landslides over the last couple of years and the completion of the first part of repair works that followed, Corinth Canal SA General Director Georgios Zouglis said over the weekend.

Bond reopening fetches 500 million euros

UncategorizedBy July 12, 2022Leave a comment

The Public Debt Management Agency reopened on Monday its recent 10-year benchmark bond that has an interest rate of 1.75.

Stability Pact needs to be reformed, says BoG chief

UncategorizedBy July 12, 2022Leave a comment

It is time for a reform of the Stability and Growth Pact, Bank of Greece Governor Yannis Stournaras told the 22nd Rencontres Economiques held in Aix-en-Provence in France. 

Congress urged to place strict conditions on sales of F-16s to Turkey

UncategorizedBy July 11, 2022Leave a comment

The American Jewish Committee (AJC) and the Hellenic American Leadership Council (HALC) have written a joint letter to Congress urging it to make the sale of F-16 fighters and upgrade kits to Turkey conditional to a certification that Turkey is not making aggressive moves against Greece.

ATHEX: Athinon Ave goes south on energy woes

UncategorizedBy July 11, 2022Leave a comment

A new week started with new losses for the Greek stock market on Monday.

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