Jailed former Golden Dawn deputy leader, Ilias Kasidiaris, announced on Thursday he would will attempt to run as an independent candidate in the second Greek general elections that will likely take place on June 25.
Following its disastrous showing in the May 21 election, where it lost more than 11 percentage points, main opposition SYRIZA is now talking about preventing Prime Minister Kyriakos Mitsotakis and his New Democracy party from becoming too powerful by clawing back some of the 20-percentage point gap separating the two big parties.
Greece’s independent authority for transparency will investigate new reports that the authorities were involved in illegal pushbacks of refugees after the New York Times published a video allegedly showing the Coast Guard abandoning people at sea, many of which were children.
Wednesday’s recommendations by the European Commission signal a return to fiscal containment, in view of the adoption of a new Stability Pact, as they limit the increase in the so-called net primary costs of 2024 to 2.6% compared to 2023.
After operating in Cyprus for four years, Greek confectionery chain Terkenlis has made the decision to close its doors there.
The Greek holiday home market has retained its upward momentum so far in 2023, unfazed by uncertainties in the global economy’s prospects, according to the latest quarterly analysis from Elxis, an expert realtor in the holiday homes market.
Inflation in Turkey remains stubborn at 44%. Consumers have watched their paychecks buy less and less food as the months tick by.
The Cyprus Composite Leading Economic Index (CCLEI) continued its positive year-over-year growth trend in April 2023, providing further support for the economic forecasts of the Cypriot economy.