Large disparity between rates of deposits and loans
The gap between interest rates on deposits and loans is growing dramatically, as banks keep interest rates low on time deposits, whose yields remain almost zero.
Crunch time for state assets
The completion of the tenders for the LARCO mining and metallurgical company and a 468,000-square meter property in Kamena Vourla, the announcement of the tender for the sale of 67% of the Volos Port Authority and the transition to the final phase of the tender for the port of Alexandroupoli are on the agenda of…
ATHEX: Benchmark fails to hold 2-month high
The Greek stock market benchmark index came off its two-month high registered at Monday’s close during a stint of profit taking on Tuesday.
Island carrier Cycladic takes off
Cycladic, Greece’s first airline exclusively linking islands, performed its first flight this week, with passengers including the head of the South Aegean Regional Authority, Giorgos Hatzimarkos.
A viable alternative
The government’s new educational policy has put a lot of stock in vocational training.
Festival & Tribute | Thessaloniki | November 3-13
The Thessaloniki International Film Festival, Greece’s premiere cinematic event, is back in full swing, running at multiple venues in the northern port city from November 3-13.
More eyes turn to Revithoussa LNG Terminal
The liquefied natural gas terminal on the islet of Revithoussa, west of Athens, is turning into a multi-tool that ensures Greece and Southeastern Europe’s energy supply as well as the extension of the use of natural gas in new areas and sectors.
Additional criteria for hotels on small plots
The Environment Ministry has set new restrictions on the construction of hotels in off-plan areas, on plots of 0.4 to 0.8 hectares.
Georgiadis: No real danger from national debt
Greece could face a very challenging year in 2023 but is prepared and the country’s national debt poses no “real fear”, the minister of development and investments Adonis Georgiadis said on Tuesday.
Akar: Turkey will protect its interests in the Aegean, East Med
Turkey is determined to protect its rights and interests in the Aegean and the eastern Mediterranean, Defense Minister Hulusi Akar said Tuesday, while accusing Greek politicians of being “divorced from reason and justice.”