Cost of damage from record floods in Greece’s breadbasket estimated in the billions
The apples were almost ripe for harvesting when the worst storms in more than a century struck Greece’s breadbasket in Thessaly.
Mitsotakis to call for reforms, fiscal prudence after deadly storm, sources say
Greek Prime Minister Kyriakos Mitsotakis is expected to announce state reforms and relief measures in a keynote speech on Saturday, days after a devastating rainstorm killed at least 17 people, sources said.
Almost 70% of cotton cultivation in Thessaly damaged by storm, says expert
Αlmost 70% of Thessaly’s cotton crop is estimated to have been damaged by storm Daniel, with production in the region expected to be reduced by at least 50-60%, which in turn will affect Greece’s overall cotton production by 15-20%, a senior researcher at a cotton quality control centre in central Greece said on Saturday.
Market is flooded with price increases
The course of food prices is now in uncharted waters.
Celebrating the richness of life in Hydra: Barthelemy Toguo and ‘Life Is a Dream’
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
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
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
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
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
Greek hoteliers and major foreign tour operators are signing contracts for 2024 holiday packages with low, single-digit price increases