Record electricity prices a major headache for gov’t
Wholesale electricity prices are reaching record levels every day, throwing off the government’s spending plans.
Group claims DESFA cyber attack
A group of cyber extortionists, which the FBI has linked to attacks on at least 52 organizations and companies in the US, claimed responsibility for the recent cyber-attack against the National Gas System Operator (DESFA) in Greece.
Live performance is back. But audiences have been slow to return
Patti LuPone, Hugh Jackman and Daniel Craig came back to Broadway.
German tourist family attacked on Crete, search for perpetrators under way
A manhunt has been launched on the island of Crete to find the perpetrators of an attack at the weekend against a family of German tourists in the community of Mylopotamos.
Pocket of stability
Greece is a pocket of stability with positive prospects. Meanwhile, many governments and political systems in the country’s wider neighborhood are in turmoil.
Drawing the right conclusions
Every crisis also presents an opportunity, goes the old cliche. But it is also true. In Greece we unfortunately tend to follow every crisis with an endless slanging match over who is to blame and who said what that rarely translates into tangible lessons for the future.
Smugglers’ perilous route to Italy
Bidding to bypass Greek shores and avoid possible deterrence, many people smugglers are now heading directly to Italy from Turkey’s Aegean coast, with all the additional perils this entails.
Bulgaria says talks to resume, Russian gas supplies are ‘inevitable’
Bulgaria’s interim energy minister said it was “inevitable” that the Balkan country would discuss resuming gas deliveries with Russia’s Gazprom that were halted in April, after the government promised to secure adequate supplies for the winter.
Banks help ASE limit its losses
Greek stocks ended slightly lower on Monday, but the session was considered a success, insofar as Athens resisted the downward pressure that brought significant losses to other European markets.
HSBC ups price targets on banks, with Eurobank, Piraeus top picks
HSBC raised its price targets on shares of Greece’s four largest lenders after they posted strong performances in the first half, saying Eurobank and Piraeus Bank were its top picks.