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Daily Archives: September 16, 2023

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Market is flooded with price increases

Latest Greek newsBy September 16, 2023Leave a comment

The course of food prices is now in uncharted waters.

Celebrating the richness of life in Hydra: Barthelemy Toguo and ‘Life Is a Dream’

Latest Greek newsBy September 16, 2023Leave a comment

Renowned “artivist” Barthelemy Toguo shared insights into his creative journey and the philosophy behind his work as he closed the six-week art exhibition “Life Is a Dream” on the Saronic island of Hydra.

200,000 Volos residents without water supply for 12th day

Latest Greek newsBy September 16, 2023Leave a comment

About 200,000 residents in the wider Volos area, which experienced extensive flooding in the aftermath of Storm Daniel, remain without drinking water for the 12th consecutive day. Across Magnesia regional unit, of which Volos is the capital, the effort to remove tons of mud from homes and roads continues.

Stournaras warns banks of difficulties to come

Latest Greek newsBy September 16, 2023Leave a comment

Bank of Greece Governor Yannis Stournaras on Friday issued a warning to banks, saying that favorable conditions which contributed toward the increase of their profitability will not be continued in the future.

PM to spell out government priorities in TIF speech

Latest Greek newsBy September 16, 2023Leave a comment

Prime Minister Kyriakos Mitsotakis will present his government’s objectives during his speech at the Thessaloniki International Fair (TIF) on Saturday, seeking to regain the initiative after a series of natural disasters this summer.

China overtakes Greece as global fleet tonnage leader

Latest Greek newsBy September 16, 2023Leave a comment

With its advanced construction capabilities, China’s shipbuilding industry has provided substantial support to Chinese shipowners, propelling them to the forefront of global fleet management.

Hotel rate hikes appear minor

Latest Greek newsBy September 16, 2023Leave a comment

Greek hoteliers and major foreign tour operators are signing contracts for 2024 holiday packages with low, single-digit price increases

Five candidates vying for presidency of SYRIZA οn Sunday

Latest Greek newsBy September 16, 2023Leave a comment

The election for a new leader to replace Alexis Tsipras at the helm of the main opposition SYRIZA party will take place on Sunday, with five candidates in the race.

New Moody’s credit rating stops short of restoring Greek bonds to investment grade

Latest Greek newsBy September 16, 2023Leave a comment

Greece’s economy received a substantial vote of confidence late Friday from Moody’s ratings agency, which upgraded the country’s credit rating by two notches but stopped just short of returning the formerly struggling country to formal financial respectability.

Greek-French deal on space technology inked

Latest Greek newsBy September 16, 2023Leave a comment

French company Promethee and Greek company Terra Spatium, both of which are engaged in space technology with applications for better responses to natural disasters and strengthening of space assets, signed a strategic cooperation agreement on Friday at the French Embassy in the presence of Maximos Senetakis, the deputy minister of development.

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