Greece to face EU court over protected areas
Greece is facing a new referral to the European Union’s Court of Justice over improper care of protected areas.
ATHEX: Stocks slide at start of trading week
The upcoming rebalancing of the MSCI indexes, the reissue of a seven-year sovereign bond and the major gains of previous days (that were begging to be cashed) weighed on Greek stock prices on Tuesday.
Greek PM meets Prince Charles at Dumfries House
Greek Prime Minister Kyriakos Mitsotakis (r) on Tuesday paid a visit to Dumfries House, an 18th-century estate in Scotland, following an invitation by the Prince of Wales to discuss possible best practices for the former royal family’s summer palace at Tatoi, northwest of Athens.
Contingency plan under way
The government has already set in motion the emergency plan to ensure the country’s energy sufficiency in the likely case that Russian natural gas imports will be interrupted as of May 20.
Erdogan to visit Saudi Arabia on Thursday, sources say
Turkish President Tayyip Erdogan plans to visit Saudi Arabia on Thursday and meet Crown Prince Mohammed Bin Salman, two sources with information on the matter told Reuters, as Ankara tries to mend ties with Riyadh after dropping a legal case on the killing of journalist Jamal Khashoggi in Istanbul.
Space a new frontier for Greek tech firms, experts
While Greece is still taking small steps for mankind in space technology and exploration, the presence of Greeks in the field is “disproportionately large compared to the size of the country’s population and economy,” according to Ioannis Daglis, an Athens University space physics professor and president of the recently established Hellenic Space Center.
Energy transition a ‘huge economic opportunity’ for Greece
The transition to a carbon-free economy creates a huge economic opportunity for Greece as tourism, shipping, food and agriculture and energy systems are all transformed and the country can be a leader in the process and emerge as an economic winner.
Title deeds after purchase of land encroached on over 40 years ago
A Finance Ministry bill likely to reach Parliament by the end of May will allow holders of encroached property for more than 40 years to buy it from the state and obtain legal title deeds.
Analysts see no danger to market access
The war in Ukraine may have slashed Greek growth estimates from 4.5-5.5% to 3-3.5% for this year, with the significant increase in the cost of Greece’s borrowing raising concerns rating agencies will refrain from upgrading the country
Fire breaks out in the southern Peloponnese
A fire has broken out in the Laconia region of the southern Peloponnese on Tuesday, specifically near the village of Varvitsa.