BoG sees higher GDP growth
The Bank of Greece has upwardly revised growth predictions for 2022, though not to the level predicted by Swiss-based investment bank UBS.
Ankara targets Macron, again
Ankara on Saturday launched a new attack against French President Emmanuel Macron, saying he has a problem with his country’s colonial past and blames Turkey for that.
Fitch issues rating warning
A protracted energy crisis, and the resulting need for price support, could stretch Greece’s finances to the point that its debt might have to be downgraded, credit ratings agency Fitch warns.
Eurozone is already in a recession, UBS analysts say
The eurozone is already in a minor recession because of the climbing energy prices, UBS analysts believe, estimating that, overall, eurozone economies will shrink 0.1% in the third quarter and an additional 0.2% in the fourth.
Consumers cutting down on power use
Greece may not have imposed mandatory energy-saving measures like other European countries in an effort to limit the impact of soaring power prices, but that hasn’t stopped households and businesses from self-regulating their consumption to reduce costs.
US Climate Envoy John Kerry to visit Greece on Sunday and Monday
Special US Presidential Envoy for Climate John Kerry will pay a visit to Athens on Sunday and Monday, where he will meet with government officials.
From the East Med to Congress: Cyprus and the Iron Dome, a wire-tapping scandal in Greece, Congress and the No Jets For Turkey campaign, and Dr Oz
Endy Zemenides, HALC’s Executive Director, joins Thanos Davelis to discuss a number of developments – from the East Med to the halls of Congress. We look at reports indicating Cyprus has secured a deal to procure Israel’s Iron Dome air-defense system, the latest reaction from Congress to reports that Turkey is planning to acquire more…
Greece’s backlog of unprocessed pensions is almost cleared
The national social security agency EFKA approved 30,200 pension applications in July, further clearing an accumulated backlog of over a million cases.
Hellenic Petroleum posts improved H1 2022 results
Rising energy prices have greatly helped refiner Hellenic Petroleum’s bottom line.
Traffic booming at Greek LNG terminal
Demand for the services of the liquefied natural gas (LNG) terminal at the island of Revithoussa has really surged as European countries are rushing to make up for natural gas shortages and increase reserves ahead of winter.