Unfazed by news of a German recession and a US credit default threat, the Greek stock market reverted to its upward trajectory on remarkable trading volume on Thursday, recapturing the 1,200-point level, with the help of growth in bank stocks.
Participation in last Sunday’s general election by Greeks living abroad was never expected to be very high, so the result came as no surprise.
Greece’s economy is particularly vulnerable to fluctuations in international energy prices due to its high dependence on fossil fuels, and despite the support provided to industry and low-income households, could be severely affected by prices, the European Commission noted.
PASOK leader Nikos Androulakis emphasized again on Thursday that the party is not interested in forming a coalition with ruling New Democracy, “even if two or three seats are needed to form a government.”
SYRIZA is in intensive care and the prognosis for the leftist opposition is not good. Will it suffer a slow death or will it make a recovery and get a second chance?
Outgoing Tourism Minister Vassilis Kikilias met with Hyatt Group President – responsible for Europe, Africa and the Middle East – Aguila Javier on Thursday.
Shaken, stirred, classic, kooky, creative or gastronomic, the Athens Cocktail Festival aims to please fans of the great art of the cocktail.
This week Sinan Ogan, the nationalist “kingmaker” who came third in Turkey’s elections, endorsed President Erdogan, and his voters could hold the key to victory on Sunday in Turkey’s runoff.
Cyprus wants more direct involvement of the European Union in attempts to end the decades-old division of the island, its president Nikos Christodoulides said on Thursday.