Luxury holiday home prices at decade high
Sale prices for holiday homes on the popular islands of the Cyclades are on a decade high, as the losses recorded in previous years have been more than covered.
Weather not helping as battle against wildfires continues
Water-dumping aircraft took off at first light on Tuesday to help dozens of ground crews and mobile units battle three wildfires in the regions of Attica, Corinth and Viotia for a second day, as strong winds and high temperatures continued to exacerbate conditions.
Two blazes continue to rage unchecked near Athens
Wildfire season got off to a roaring start in Greece on Monday, with two large fires burning southeast and west of the capital Athens, forcing seaside resort evacuations.
Hellenic Air Force one step ahead
The American commitment to reinforce Greece with fifth-generation fighter jets, along with the sale of a number of more sophisticated F-16s, is indicative, at least for now, of Washington’s wish to maintain a certain balance of air power in the Aegean.
Staikouras discusses €27 bln in infrastructure projects
Infrastructure and Transport Minister Christos Staikouras said that government priorities include the improvement of public transport, better-quality transport services and the improvement of services.
Primary budget surplus at €2.16 bln at end-June
The Greek state budget recorded a primary surplus of 2.166 billion euros in the January-June 2023 period, up from a budget target for a surplus of €415 million and a primary deficit of €3.425 billion in the same period last year, the Finance Ministry said on Monday.
Cyprus sees tourism soar 22.7% in June
In a significant boost to Cyprus’ tourism sector, the country experienced a 22.7% surge in tourism arrivals in June 2023 compared to the same month last year.
HFSF to begin Eurobank stake sale process this fall
Greece will start selling stakes in its four largest banks this fall, sector officials and bankers said on Monday, marking the latest milestone in the country’s recovery from the financial meltdown it suffered starting in 2009.
A national treasure, tarnished: Can Britain fix its health service?
ROMFORD, England — Fifteen hours after she was taken out of an ambulance at Queen’s Hospital with chest pains and pneumonia, Marian Patten was still in the emergency room, waiting for a bed in a ward. Patten, 78, was luckier than others who arrived at this teeming hospital, east of London: She had not yet…