From Egypt to Brussels, governments are feeling the impact of the war in Gaza following the Hamas terror attacks against Israel on October 7th. While we saw Turkey try to take on a mediating role early on, it has shifted to openly criticizing both Israel and the US, leading many to wonder if President Erdogan…
The Competition Commission and the competent agencies of the Ministry of Development are investigating the pricing policies of multinational companies in the local market.
Government spokesperson Pavlos Marinakis referred on Monday to the upgrade given to Greece’s economy by Standard & Poor’s on Friday, which granted the country an investment grade rating for the first time after the economic crisis.
The government is seeking ways to return to the real estate market some 750,000 residential properties that are declared empty every year.
The Tourism Ministry on Monday noted that “the growing and exceptionally significant yachting sector has major potential and prospects for development and brings multiple benefits to the Greek economy and Greek tourism.”
Greece’s public debt totaled 356.597 billion euros, or 172.6% of GDP, in 2022, the Hellenic Statistical Authority said in a report sent to Eurostat on Monday.
“It would be paranoid for the government to introduce additional taxes at a time when there is inflation and an increase in fuel prices,” stated Cyprus’ Finance Minister Makis Keravnos.
Greek National Defense Minister Nikos Dendias will participate in the 27th Annual Economist Government Roundtable in Lagonissi, East Attica, on Tuesday. Dendias will participate in the discussion on “Defense and Security in the Eastern Mediterranean Region.”
NEW YORK — “By the end of this, more than a quarter of our galleries will have changed,” Max Hollein, director and CEO of the Metropolitan Museum of Art, said of the New York City institution’s many huge capital projects. “And we’re not closing the museum to do it. It’s open-heart surgery, and the patient…
The recovery of investment grade is an important milestone for Greece and a rare achievement, as most countries faced with bankruptcy never come close to this status, let alone achieve it 11 years after defaulting, which was in 2012 in Greece’s case.