Gov’t calls for more private debt settlement deals
Finance Minister Christos Staikouras is putting pressure on banks and servicers to intensify efforts towards finding solutions for the settlement of nonperforming loans.
European Commission sees higher growth for Cyprus
The European Commission has revised, in its summer forecasts, Cyprus’ real GDP growth in 2022 to 3.2%.
Emergency meeting over gas cut-off
In response to disruptions in the supply of Russian natural gas, fears of a more permanent cut-off and rapidly rising energy costs across Europe, Prime Minister Kyriakos Mitsotakis chaired an emergency meeting at his office in Athens on Thursday.
Opening the gates of the universe
Just a few days after NASA released images of the distant universe from the James Webb Space Telescope, Greek researcher Polychronis Patapis, a member of the team and one of the first to see them, said in comments to Kathimerini that “an exciting road has just opened up and is expected to hold many surprises.”
Behind the ‘Greek’ Art for Tomorrow
Jeff Koons, the most expensive artist in the world right now, was sitting in the audience at the opening of his “Lost in America” retrospective in Doha when the president of the Art for Tomorrow conference, Achilles Tsaltas, took the microphone and asked: “Will you come a find yourself in Greece?”
ATHEX: Week closes with bourse down 0.94%
The Greek stock market turned its back on the growth trend observed across most of the eurozone on Friday to lose all of its early gains and settle for moderate losses after a particularly quiet and narrow session.
Lack of governance
Italy’s relapse into a crisis of governance is an indirect warning signal. It’s practical proof that fragmented parliaments and coalition government structures are themselves a source of instability.
More villages evacuated in Crete as blazes are fanned by winds
With regional wildfires still blazing, a village in northwestern Crete was evacuated on Friday afernoon as flames approached the wider area, as strong winds which continued for a second day in the region of Rethymno hampered firefighting operations.
Who doesn’t love children?
Who doesn’t love children? In which heart, in which culture do we not find the instinct for parents to care for their offspring with tenderness, hope and self-sacrifice?
IGB pipeline gets certification
The certification awarding ceremony of the Greece-Bulgaria natural gas pipeline (IGB AD) as an independent natural gas transmission network operator was held in Sofia on Friday.