Cyprus will earmark 2% of gross domestic product to defense spending in line with other European Union member states as a means to strengthen the east Mediterranean island nation’s foreign policy bargaining power, the new Cypriot president said Friday.
The European Train Control System (ETCS) suffered the same fate as the automatic signaling system, which was not in place at the time of the February 28 railway collision.
Former finance minister Yanis Varoufakis has blamed “hired thugs” for the assault on him on in an Athens restaurant in which his nose was fractured. “They were not anarchists, leftists, communists or members of any movement,” Varoufakis said in a tweet.
Police on Friday were looking for a 42-year-old father accused of leaving his 7-year-old child alone in their house in the northern suburb of Neo Psychiko and taking off.
Greek airline Sky Express is offering free flights to students traveling between Athens and Thessaloniki.
In 1937, an American drug company introduced an elixir to treat strep throat – and unwittingly set off a public health disaster. The product, which had not been tested in humans or animals, contained a solvent that turned out to be toxic. More than 100 people died.
The European Investment Bank Group signed a new contract with the Greek Ministry of Maritime Affairs and Island Policy this week for technical assistance from the bank’s Advisory Hub which will help facilitate crucial investments to boost energy efficiency and renewable energy investments on the country’s smaller and remote islands.
The Greek trade deficit shrank by 21.9% in January 2023 as the increase in the value of exports was around six times more than the growth rate of imports.
Cyprus’ Finance Ministry is considering possible actions to tackle nonperforming loans and is examining a set of measures aiming to address the issue, Finance Minister Makis Keravnos said in a statement on Friday.