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Monthly Archives: November 2023

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Raptor freighter: Red flags uncovered in wake of shipwreck

Latest Greek newsBy November 27, 2023Leave a comment

New details are surfacing about the shipwreck of the Raptor freighter vessel, which sank off the coast of Lesvos on Sunday.

Body identified in Raptor freighter sinking

Latest Greek newsBy November 27, 2023Leave a comment

Greek authorities confirmed on Monday the identification of the body discovered at sea on Sunday as that of an Egyptian sailor from the crew of the sunken freighter Raptor. The vessel sank off the coast of Lesvos on Sunday morning, leaving 12 out of the 14 crew members still missing.

Short-term rental fee growth

Latest Greek newsBy November 27, 2023Leave a comment

Revenues from the accommodation tax imposed on hotels, rooms for rent and short-term rentals are increasing, according to the 2024 budget.

Controversy erupts over Archbishop Elpidophoros

Latest Greek newsBy November 27, 2023Leave a comment

Efforts are under way to address mounting tension in the Greek Orthodox Archdiocese of America, centered on Archbishop Elpidophros, though some circles speak of imminent developments in the coming days.

Political noise distracts central Europe’s rate-setters

Latest Greek newsBy November 27, 2023Leave a comment

The central bank governors of Poland and Hungary are caught up in noisy disputes with opponents over their rate-setting policy, raising new hazards for investors willing to brave central Europe’s bitterly polarized politics.

Hellenic Post set to keep compounding losses

Latest Greek newsBy November 27, 2023Leave a comment

The market expects Hellenic Post (ELTA) to record losses, and on an operational level, for 2022 and with all certainty also in 2023.

Greek minister says ongoing Beleri detention a European issue, not bilateral

Latest Greek newsBy November 27, 2023Leave a comment

Greece’s State Minister Savros Papastavrou emphasized on Monday that Albania’s continued detention of Fredi Beleri, the Greek mayor-elect of Himare in the southern part of the Balkan country, is not just a bilateral matter but a European one.

Interest rate on deposits still very low

Latest Greek newsBy November 27, 2023Leave a comment

For a term deposit of 50,000 euros, the interest rate given by European banks, in countries from Italy to Lithuania and from Germany to Sweden, is between 3.50% and 4.55%, while in Greece the corresponding interest rate is just between 1% and 1.5%.

Investments, Parthenon Sculptures at the center of PM’s London agenda

Latest Greek newsBy November 27, 2023Leave a comment

Attracting investments and the repatriation of the Parthenon Sculptures take center stage in the agenda of Greek Prime Minister Kyriakos Mitsotakis during his visit to London, where he is slated to meet with UK Prime Minister Rishi Sunak, Labour Party leader Keir Starmer, and key foreign investors.

Silent anxiety before Erdogan visits Athens

Latest Greek newsBy November 27, 2023Leave a comment

The government is preparing for the High Cooperation Council (HCC) meeting between Greece and Turkey, which will be held in Athens on December 7, with no high hopes, but also with no fear of a breakdown in relations at this stage.

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