ΟΝΕΧ will distribute 1.8 million euros as financial support to workers in Elefsis Shipyards ahead of the Easter holidays, covering 30% of the previous ownership’s debt to workers, Chairman and CEO Panos Xenocostas said in a letter.
The eurozone is near the end of the tighter monetary policy cycle, Bank of Greece Governor Yannis Stournaras said on Wednesday.
Erdogan has been on a charm offensive, working to “reset” ties with countries in the region – ties he effectively torpedoed over the last decade or so.
Cyprus is kicking off the tourism season this month with satisfactory arrivals and hotel occupancy rates for the Easter period.
Aegean reported a significant increase in passenger traffic during the winter period, reflecting the airline’s investment in the weakest quarter of the year and the positive outlook of tourism in the country.