Three casinos pass to the control of Intrum Hellas
The casinos of Corfu, Rio and Alexandroupoli have just completed the first key step toward their inclusion in the debt restructuring process of Article 106 of the bankruptcy legislation.
Libya FM reacts to Greek energy exploration south of Crete
Libya has reacted to Greece’s decision to expand the area of seismic surveys for oil and natural gas deposits off the coast of Crete.
Americans splash out on shopping in Greece
Visitors from the United States are making up for the drop in tourists from China and Russia in terms of the amount of shopping they do while in Greece, and not only are they spending large amounts of money, they are also showing an interest in luxury items.
Santiago Calatrava’s St Nicholas Church opens
St Nicholas Greek Orthodox Church, right, sits next to ground zero in New York, Tuesday, December 6.
Foreign Ministry condemns Turkish statements on the Aegean islands
“The statements by Turkish officials regarding the demilitarization of the Aegean islands have been repeatedly rejected in their entirety with a series of arguments, which are included in the relevant letters that Greece has sent to the UN Secretary General,” a foreign ministry announcement said on Wednesday.
Greece an innovation laggard
Greece has made obvious leaps since 2015 in innovation, trying to close the gap with other pioneering countries. However, despite the improvement, its performance in various categories that make up the profile of an innovative country this year (funding and support, innovative businesses, intellectual property data, broadband penetration, human resources, etc) prove that Greece is…
Tanker delays across Turkish straits not due to Russia oil price cap, says official
Disruptions in tanker traffic from Russia’s Black Sea ports to the Mediterranean are a result of a new Turkish insurance rule, not the price cap on Russian oil agreed by a coalition of G7 countries and Australia, an official with the group said on Tuesday.
Greece and Bulgaria revive plans for pipeline bypassing the Bosporus Strait
John Psaropoulos, an independent journalist based in Athens and Al Jazeera’s southeast Europe correspondent, joins Thanos Davelis to look at an oil pipeline project Greece and Bulgaria are looking to revive that would bring oil from Alexandroupoli to Bulgaria and possibly into Romania, bypassing the Bosporus Strait and effectively elevating Greece’s geopolitical status even further.
Greece offers skiing holidays that won’t break the bank
Germany-based travel booking company Holidu has found Greece to be the most economical destination for skiing in Europe, with the ski center at the resort of Vasilitsa, between Ioannina and Grevena, charging an average of just 36 euros per person per day (including a ski card and accommodation).
Stournaras: It’s up to banks
The state has done enough to help Greece’s credit sector, and it is now up to banks to take the initiative and reach out to debtors in need of support, before the specter of nonperforming loans returns to haunt local lenders, according to central banker Yannis Stournaras.