A vote of confidence in Greece
Russia’s invasion of Ukraine has upended an energy sector that was moving at full stride – though at variable speeds – toward carbon neutrality.
The erosion of trust
A look back at the period after the restoration of democracy in Greece in 1974 shows that pre-election periods always heighten expectations, due to lavish pre-election promises and the distribution of handouts. And this is how the economic climate usually improves during that time. It’s happening again now.
FinMin chides banks, tells them to raise deposit rates, reduce commissions
Finance Minister Christos Staikouras gave Greece’s banks 10 days last Saturday to proceed “immediately and boldly” with an increase in interest rates on deposits and a reduction in interest rates on new loans.
ATHEX: Non-banking blue chips offset drop
The main index of the Greek stock market remained above the 900-point level for one more day on Monday as at the end of a mixed session the closing auctions brought its losses down to minimum, while a clear majority of stocks enjoyed gains at the start of the week in the face of banks’…
Karpathos among world’s most ‘breathtaking’ destinations
The Greek island of Karpathos has been included in National Geographic’s annual list of the world’s 25 most ‘breathtaking’ destinations for 2023, the Athens-Macedonian News Agency reported on Monday.
Host Albania has high hopes for EU-Western Balkans summit
Albania’s prime minister said Monday that a European Union summit in his country’s capital this week demonstrates the EU’s heightened geostrategic interests in the Western Balkans region during Russia’s war in Ukraine.
Army colonel arrested in connection to bank robbery
An Army colonel on active service was arrested on suspicion of robbing a bank in the southern Athens neighborhood of Argyroupoli on Monday. According to reports from the scene, the colonel entered the bank at approximately 9.40 a.m. brandishing a hand grenade, before robbing the bank and fleeing the scene.
PM in Tirana on Tuesday to attend EU-Western Balkans
Prime Minister Kyriakos Mitsotakis will attend the EU-Western Balkans summit being held in Tirana on Tuesday.
A clear horizon
Greece needs institutions and political stability. One way to strengthen them is for the prime minister to immediately announce the date of the next general elections.
Clashes with riot police ahead of basketball derby
A group of approximately 200 assailants clashed with riot police ahead of the basketball game between Olympiakos and Panathinaikos in the southern Attica suburb of Faliro on Monday.