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Daily Archives: August 4, 2022

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Foodstuffs drive OECD inflation leap

UncategorizedBy August 4, 2022Leave a comment

Prices of foodstuffs in the 38 member-states of the Organization for Economic Cooperation and Development grew in June at their fastest pace since July 1975, the OECD announced Wednesday. 

Greece raises spending on R&D, still trails EU average

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Greece has increased its spending on research and development, but still lags behind the EU average, according to data published by Eurostat. 

Private involvement in urban renewal project irks locals

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The Municipality of Athens’ project to beautify Strefi Hill in the city center has run into strong opposition from some individuals and so-called collectives in the adjacent neighborhood of Exarchia, because a private company is a donor to the project. 

Mild drop ends ASE’s positive run

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The Athens Stock Exchange ended its positive seven-session run Thursday with a slight decline, although banks, which had driven the gains, underperformed this time.

Elpidophoros vows diaspora help in restoring Istanbul hospital

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Archbishop Elpidophoros of America has expressed his grief over the fire that partly destroyed the Balikli Greek Hospital in Istanbul on Thursday, adding that the Greek-American diaspora will help mitigate the material damage.

New support measures to be announced in September

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New support measures will be announced by the government at the Thessaloniki International Fair (TIF) in September. 

Thieves torch ATM, make off with thousands of euros

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Thieves took off with more than 60,000 euros after breaking into an ATM in a shopping center on Georgiki Scholi Avenue in eastern Thessaloniki at dawn on Thursday.

Educational census

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The nationwide university entrance exams are in practice an annual census of social trends when it comes to the pursuits of young people in Greece. 

170 million euros earmarked for greener public buildings

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A project to improve the energy efficiency of 210 public buildings by reducing their emissions by at least 30% will receive funding from the EU Recovery and Resilience Facility.

Lampsa selling Sheraton Rhodes Resort

UncategorizedBy August 4, 2022Leave a comment

Lampsa Hellenic Hotels SA, owner of Athens luxury hotels the Grande Bretagne and King George, have announced the sale of another unit, Sheraton Rhodes Resort.

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