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Monthly Archives: September 2022

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ESM to Athens: Contain support moves

UncategorizedBy September 27, 2022Leave a comment

Greece will need to save some fiscal space from this year in order to be able to use it for additional support measures in 2023, when the fiscal room will be very tight due to both the target for a return to primary surpluses and the sliding economy lowering growth rates or even leading to…

Greece: EU using Med countries like a refugee ‘parking lot’

UncategorizedBy September 27, 2022Leave a comment

Greece on Monday urged the European Union to lift movement restrictions for refugees recognized by individual nations, accusing the bloc of applying a double standard when dealing with Ukrainians fleeing the war compared with the victims of other conflicts.

Turkey includes US in the frame

UncategorizedBy September 27, 2022Leave a comment

Turkey is placing the US along with Greece in the frame of escalation in the Aegean, as demarches sent to the embassies of both countries in Ankara claim that the US armored wheeled vehicles being transported to the Eastern Aegean violate their allegedly “demilitarized” status.

Shortsea shipowners face increase in Bosporus, Suez fees

UncategorizedBy September 27, 2022Leave a comment

An increase in passage fees at Suez and the Bosporus Strait as of 2023 and October 2022 respectively will raise the cost of consumer goods in the coming months.

Greek budget revenue exceeded target in January-August

UncategorizedBy September 27, 2022Leave a comment

Tax revenue surpassed the target by 5.5 billion euros in the January-August period, with August tax revenue exceeding the monthly target by €1.3 billion, the Finance Ministry said on Monday.

Factory jobs are booming like it’s the 1970s

UncategorizedBy September 27, 2022Leave a comment

Ever since American manufacturing entered a long stretch of automation and outsourcing in the late 1970s, every recession has led to the loss of factory jobs that never returned.

Cyprus Forum set to focus on inclusivity

UncategorizedBy September 27, 2022Leave a comment

For a third time, the Delphi Economic Forum and the nonprofit, nongovernmental organization Oxygono are organizing the largest independent policy conference in Cyprus, this Thursday and Friday, September 29-30, at the Nicosia Municipal Theater, themed “Inclusivity: For a More Open and Fair Cypriot Society.”

Staikouras realistically optimistic on Greek growth

UncategorizedBy September 27, 2022Leave a comment

Finance Minister Christos Staikouras said he was “realistically optimistic” that Greece can – and will – move to high, sustainable and socially just growth and prosperity for all society, despite the fact that crises are tending to become the new normal, while addressing The Economist conference on Monday.

Drugs gang nabbed after car chase

UncategorizedBy September 26, 2022Leave a comment

Two members of a drug trafficking gang were arrested on Monday in northern Evros by officers of the local narcotics unit after a police operation, authorities said.

Innovation City seen housing over 2,000 employees

UncategorizedBy September 26, 2022Leave a comment

A call for international tenders to build the 1st Innovation City in Greece will be issued in three months, Deputy Development and Investments Minister Christos Dimas said.

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