ECB to raise rates again and face questions about future path
The European Central Bank is set to raise interest rates again on Thursday and pencil in more hikes for the next few months, with the only open question being how big these will be.
Memorial park inaugurated in fire-ravaged Mati
Cyprus President Nicos Anastasiades shovels soil at the opening ceremony of the memorial park in the East Attica town of Mati in memory of the victims of the devastating wildfire in 2018.
Rebound of economic sentiment
Greece’s economic sentiment index rose from 103.5 in December to 104.9 points in January, its highest reading in the last 10 months, the Foundation for Economic and Industrial Research (IOBE) said on Wednesday.
Time for the US to put more energy into solving the Cyprus problem
The UN Security Council just renewed the mandate for UNFICYP – the United Nations Peacekeeping Force in Cyprus – for another year instead of for six months.
Japan Tobacco head praises PM for promoting investments
The chairman of Japan Tobacco Inc (JT), Mutsuo Iwai, praised the leadership of the Greek government for promoting an investment-friendly environment during a recent visit to Tokyo by Prime Minister Kyriakos Mitsotakis, a JT announcement said on Wednesday.
No end to airspace violations by Turkey
At a time when the Hellenic Air Force is mourning the loss of two pilots in an accident on Monday, a total of 23 Turkish aircraft, 18 of which were armed, carried out 14 violations of Greek airspace.
New drop in inflation seen for January
Greek annual inflation rate is projected to slow to 7.2% in January from 7.6% in December 2022, with the inflation rate in the eurozone projected to fall to 8.5% from 9.2% over the same months respectively, Eurostat said in its flash estimate report.
The last Boeing 747 leaves the factory
More than a half-century ago, Boeing unveiled the 747, a massive and striking airplane that captured the public imagination and brought air travel to the masses.
Cyprus to register red potato
Cyprus’ Ministry of Agriculture, Rural Development and Environment is about to register the red potato, the countrys second most important agricultural product, with the European Union for which an application for registration has been published in the republic’s official gazette.
Jobless rate stayed at 11.6% in December
Greece’s jobless rate stood at 11.6% in December, unchanged from an upwardly revised 11.6% in November, data from statistics service ELSTAT showed on Wednesday.