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Monthly Archives: September 2022

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New inflation developments are rattling markets and economists. Here’s why.

UncategorizedBy September 16, 2022Leave a comment

When inflation began to accelerate in 2021, price pressures were clearly tied to the pandemic. This year, Russia’s war in Ukraine sent fuel and food prices rocketing, exacerbating price pressures.

Nicosia fair site becomes innovation zone

UncategorizedBy September 16, 2022Leave a comment

Cyprus’ Finance Ministry welcomed a decision by the Council of Ministers on Wednesday to establish an innovation zone and a business zone/exhibition space at the Cyprus International Fair site in Nicosia.

Credit rating reports by Moody’s and DBRS Morningstar due on Friday

UncategorizedBy September 15, 2022Leave a comment

The market is eagerly awaiting Friday night’s DBRS Morningstar and Moody’s rating reports on Greece, as they are the first ‘verdicts’ by rating agencies after the country’s exit from enhanced surveillance.

James Rodríguez joins Greek champion Olympiakos

UncategorizedBy September 15, 2022Leave a comment

Former Real Madrid and Bayern Munich attacking midfielder James Rodríguez has joined Olympiakos, the Greek club said Thursday.

Freiburg toys with Olympiakos in Piraeus

UncategorizedBy September 15, 2022Leave a comment

Olympiakos suffered another crushing home defeat in Europe, after its 4-0 drabbing to Maccabi Haifa in the Champions League qualifiers, as on Thursday it went down 3-0 to German side Freiburg for the second round of group stage games in the Europa League.

Non-PDO halloumi going cheap

UncategorizedBy September 15, 2022Leave a comment

Many supermarket chains and stores in Cyprus that sell halloumi are offering hefty discounts on individual or bulk sales of the cheese.

Church developing property

UncategorizedBy September 15, 2022Leave a comment

The Church of Greece and state asset utilization fund TAIPED signed an agreement on Wednesday for the development of an area of some 3 square kilometers at Schisto, western Attica, bordering with Piraeus.

Serbia readies 3 bln euros for energy imports in winter

UncategorizedBy September 15, 2022Leave a comment

Serbia, which covers its coal demand with domestic production and imports from Bosnia, Bulgaria and Montenegro, also plans to import 2.5 million tonnes of additional coal, mainly from Bulgaria, Bosnia, Romania and Greece.

Satisfied officers, strong navy

UncategorizedBy September 15, 2022Leave a comment

Greece has always relied on a powerful navy, but it is an advantage that does not just mean having a lot of ships, but also the people to man them.

Consistency on elections and the wiretapping affair

UncategorizedBy September 15, 2022Leave a comment

The prime minister made the right decision in keeping the electoral law as is. Doing otherwise would have undermined the institution and opened Kyriakos Mitsotakis to criticism.

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