Fresh hikes are expected in food prices
Consumers should brace for further price hikes of up to 16% on food and other supermarket purchases in the coming period, as new price lists with price increases continue to arrive at retailers.
Contractors’ discount is in free fall this year
The average discount given by contractors who discounted public works of at least 2 million euros fell below the 30% limit, as in the year’s first half it amounted to 29.7%, according to the data collected by the Panhellenic Association of Construction Companies.
Cyprus hails US decision to fully lift weapons embargo
Cyprus on Saturday hailed the full lifting of a US arms embargo on the ethnically divided island nation as a milestone reaffirming increasingly tighter bilateral bonds that serve to bolster stability in the turbulent east Mediterranean region.
Inflation in Cyprus eases to 9.6%
Inflation in Cyprus eased below the 10% level last month on an annual basis, as the Cyprus Statistics Service (CyStat) announced on Friday that the Harmonized Index of Consumer Prices rose 9.6% in August compared to that of August 2021.
High summer back for the weekend
Simou Beach on Elafonisos in southern Greece. Meteorologists have forecast temperatures rising into the high 30s across Greece over the next three days.
US lifts arms embargo for Cyprus for 2023, Turkey condemns move
US Secretary of State Antony Blinken has lifted defense trade restrictions for Cyprus for fiscal year 2023, the State Department said on Friday.
Campus police will patrol outside university grounds
University police will patrol outside the campuses of the University of Athens and the National Technical University of Athens, and be accompanied by officers from nearby precincts.
Trial of former minister and ex-prosecutor set to begin
A special tribunal of the Supreme Court will convene on Monday for the fourth time in the post-dictatorship era on Monday for the trial of Dimitris Papangelopoulos, a former minister in the SYRIZA-ANEL government.
Budget revenues lead to a primary surplus
State budget revenues continued to grow in August, expanding a much needed fiscal space for the Greek government as they offered an unexpected primary surplus when a primary deficit had been anticipated.
Staikouras: Gov’t pressing on with reform agenda
“Τhe Greek government is moving with intensity to implement its reform agenda to the benefit of society and the economy,” Finance Minister Christos Staikouras said on Thursday.