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Monthly Archives: October 2023

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FDI frigate to join navy in early 2025

Latest Greek newsBy October 4, 2023Leave a comment

The official launch of Kimon, the first of the three defense and intervention frigates (FDIs) ordered by the Hellenic Navy, at the French port of Lorient Wednesday has been welcomed by the Ministry of Defense as a sign that the shipbuilding program by the Naval Group may be completed ahead of schedule.

Drugs for serious illnesses to be delivered to homes

Latest Greek newsBy October 4, 2023Leave a comment

A provision included in draft legislation tabled by the Health Ministry will allow for the home delivery of high-cost drugs to patients with serious illnesses, a move that will spare them having to queue outside the 35 EOPYY pharmacies nationwide that sell them. 

Coldplay concert in doubt after OAKA closure

Latest Greek newsBy October 4, 2023Leave a comment

Apart from sports, the closure of the Athens Olympic Stadium (OAKA) due to structural issues with the iconic arched roof has created problems for the concert industry too, with the planned mega-concert of British rock band Coldplay next June thrown into doubt.

Trolley bus drivers holding stoppage on Wednesday

Latest Greek newsBy October 4, 2023Leave a comment

Trolley bus employees have announced a work stoppage from 11 a.m. to 5 p.m. on Wednesday. 

Greece is a ‘vital conduit’ for the West

Latest Greek newsBy October 4, 2023Leave a comment

Greece is a “vital partner” for the United States and the West in the war in Ukraine, especially with regard to the transportation of arms and help via the port in Alexandroupoli, notes former US secretary of state Mike Pompeo in this interview with Kathimerini, stressing that Greece “can also help provide real stability and…

Containing VAT evasion can boost revenues by €2 bln

Latest Greek newsBy October 4, 2023Leave a comment

Limiting tax evasion has been the goal of all governments, past and present. In the last few years, however, some positive steps have been made toward this goal in Greece, based on calculations carried out by the European Commission and government estimates.

About 90 migrants rescued off Cape Tainaro

Latest Greek newsBy October 4, 2023Leave a comment

A group of approximately 90 migrants aboard a fishing vessel was rescued by a passing tanker west of Cape Tainaro in the Peloponnese on Tuesday night. This operation was coordinated by the Greek coast guard.

Cyprus property prices up in April-June period

Latest Greek newsBy October 4, 2023Leave a comment

House prices in Cyprus increased on an annual basis in April-June this year but remained more or less stable on a quarterly basis, a preliminary estimate released by the Cyprus Statistical Service on Tuesday showed. 

Major growth in Cypriot tourism data

Latest Greek newsBy October 4, 2023Leave a comment

The year 2023 is poised to go down in Cypriot tourism history, as data from the country’s statistical office, CyStat, reveal that every month through July has seen higher tourism revenues from a year earlier.

Despite all, Greek economy ‘outperforming’

Latest Greek newsBy October 4, 2023Leave a comment

The 2024 draft budget shows an overperformance because the Greek economy is overperforming, National Economy and Finance Minister Kostis Hatzidakis said after tabling the budget in Parliament on Monday.

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