How migrant tragedy unfolded on the high seas off Greece
As Greece confronts its worst sea disaster in years, questions are mounting about how potentially hundreds of migrants drowned even as their vessel was being shadowed by the Greek coastguard.
Italgas to invest €900 mln in DEPA
Italgas, Italy’s biggest gas distributor, unveiled plans on Thursday to invest 7.8 billion euros in its business by 2029, but its shares slipped as some analysts were unimpressed by earnings projections and dividend plans.
Compliance by Nammos, maneuvers for Principote on Mykonos
The case of the Nammos beach restaurant on the island of Mykonos is heading toward closure after the Syros Town Planning Authority certified the company’s compliance with the Environment Ministry’s request that the illegal structures it had erected be demolished.
Demographic problem under the spotlight
In response to Greece’s growing demographic problem, experts are proposing, among other things, the operation of properly functioning all-day schools and the implementation of alternative models such as neighborhood nannies, support for housing policy, and measures to facilitate the entry into the labor market of couples with children, as well as free and easy access…
Port officials say traffickers untied rope coast guard tied to vessel a few hours before it sank
Greek port authority officials told Kathimerini that an attempt was made to moor the overcrowded fishing vessel several hours before it sank on Wednesday night off the southern coast of Greece in one of Europe’s worst migrant disasters, killing dozens and with hundreds still missing.
EU pact seeks to bring ‘more order’ to migration, says Swedish official
The new European Union framework on migration agreed at ministerial level in Luxembourg last week would be binding for the bloc’s member-states, but it would also give them a range of options on how they choose to participate in migrant relocations, Swedish Migration Minister Maria Malmer Stenergard, who chaired the June […]
Reds win hoops title as game is abandoned
Not for the first time, Greece’s basketball championship has ended with the final game abandoned due to fan violence.
From floating to fixed rates
The banking market is witnessing a trend of conversion of mortgage loans that were contracted with a floating interest rate into a long-term fixed interest rate.
Mytilineos’ Aussie PPA signed
Mytilineos and SmartestEnergy Australia have signed a long-term power purchase agreement (PPA) for the 40-megawatt Kingaroy Solar Farm in Queensland, Australia, the listed group announced.
Greek budget shows surplus of €2.29 bln in Jan-May
The Greek state budget remained on a positive course in May with tax revenue exceeding the target by 9.3% over the month. The Finance Ministry reported that tax revenue totaled 5.15 billion euros in May, 9.3% above the target, while tax revenue was 9.6% over the target in the January-May period, totaling €22.95 billion.