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Daily Archives: October 20, 2022

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ATHEX: Stock market evolved into a bear trap

UncategorizedBy October 20, 2022Leave a comment

The Greek stock market proved to be a bear trap of sorts on Thursday, as it reversed early losses to continue upward in the course of the day and rally to a new seven-week high at the closing auctions (partly thanks to the strong opening in Wall Street), albeit on reduced trading volume.

Record employment boosts EFKA coffers

UncategorizedBy October 20, 2022Leave a comment

The 20-year record in employment this year has generated bolstered social security contributions, leading to a surplus of some 1.78 billion euros for the Single Social Security Entity (EFKA) in 2022, with 2023 remaining on track for a surplus of €1.3 billion.

Sizable subsidy planned for rooftop solar panels

UncategorizedBy October 20, 2022Leave a comment

Rooftop photovoltaic panels combined with power storage will be subsidized by the state to up to 60% of their cost, an Energy Ministry official told the Renewable and Storage Forum on Thursday.

Promoting Athens further as a tourism destination

UncategorizedBy October 20, 2022Leave a comment

Strengthening the momentum of the Athens destination in international markets must be a key component of Greece’s tourism promotion strategy, according to the president of the Greek Tourism Confederation (SETE), Yiannis Retsos.

How to redeem our support for Ukraine

UncategorizedBy October 20, 2022Leave a comment

Turkey has been trying since 2019 to give substance to its “Blue Homeland” (Mavi vatan) concept and to consolidate it with a series of faits accomplis, knowing that neighboring countries and outside forces are very unlikely to support it.

Knowledge, experience, fewer disasters

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Disasters and human tragedies of all kinds always attract the spotlight and public interest. This is not unique to Greece; it is the reality for news worldwide.

Cartoon (20/10/2022)

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Turkey asks Russia to construct second nuclear plant, report says

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Turkey has asked Russia to construct a second nuclear plant on its territory, Bloomberg reported Thursday quoting anonymous sources.

Less is more

UncategorizedBy October 20, 2022Leave a comment

The unexpected increase in the revenues of Greece’s Single Social Security Entity (EFKA) is yet more proof of what the appropriate economic policy is.

Crackdown on crime a top government priority

UncategorizedBy October 20, 2022Leave a comment

The government is planning new recruitments at the Attica Police Headquarters (GADA) as well as an increase in the number of night patrols to tackle rising crime rates, according to senior officials.

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