Rebound in home sales in Cyprus
The number of housing transactions in Cyprus increased by 27.4% in 2022 compared to 2021.
Profits feeding inflation
Across the developed world, we are hearing the argument that high costs are “profit inflation,” meaning that rising prices stem mainly from rising profit margins.
Cartoon (13/07/2023)
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Voting rights for Greek expats
A new bill concerning the voting rights of Greeks living abroad is expected to be submitted to Parliament. As is known, a majority of 200 votes is required for the legislative proposal to be ratified.
ATHEX: Minor decline after highs of Wednesday
The Greek stock market experienced a mixed session on Thursday, with the majority of stocks closing with gains while most indexes posted losses at the end of the day.
Big names funding Causaly
Yiannis Kiachopoulos and Artur Saudabayev’s Greek startup Causaly has raised $60 million.
Public diplomacy and Greek-Turkish relations
The meeting between Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdogan on the sidelines of the NATO summit in Vilnius was assessed by both sides as positive.
Tourism enjoys total recovery
Tourism in 2023 will fully return to the levels of 2019 or even surpass them, if marginally, estimates the president of the Greek Tourism Confederation (SETE), Yiannis Paraschis.
Stricter rules for servicers
The Ministry of National Economy and Finance is planning a stricter framework of rules on the information obligations that bad-debt management companies must adhere to.
Greece’s crucial role on NATO’s southern flank
The war in Ukraine has re-energized NATO. The most successful military alliance in the history of international relations is in the process of further deterring the aggression of Russia and reinforcing its defense posture.