Data highlight greedflation
Corporate profits accounted for 50% of Greece’s GDP price deflator in the first quarter of 2023, a percentage that is the third highest among EU member-countries, according to the Greek market watchdog.
Corporate profits accounted for 50% of Greece’s GDP price deflator in the first quarter of 2023, a percentage that is the third highest among EU member-countries, according to the Greek market watchdog.
Local residents and tourists in the city of Volos and Mount Pelion were posting photos and videos of the destruction caused by the severe thunderstorm sweeping Greece since Monday night.
Residents on the Sporadic island of Skiathos have been urged to limit their movements after storm Daniel turned road into flooded torrents.
Conservative former prime minister Antonis Samaras has tested positive for Covid-19 and will therefore not be attending the 87th Thessaloniki International Fair (Sept. 9-17) and the prime minister’s speech, government sources said on Tuesday.
Only a decline in consumption, which could lead to an economic recession and signal the entry of the Greek economy into a new vicious cycle, can now lead to a reduction in food prices.
A new scheme was launched on Monday at the Acropolis site in Athens to avoid overcrowding and to protect the monuments. From this point on, the daily cap on visitors will be 20,000.
Greek police ordered vehicles off the streets of the central town of Volos and the nearby mountain region of Pilion on Tuesday as a severe storm hit the area, turning streets into flooded torrents.
Mount Pelion, a densely wooded mountain range in the prefecture of Magnesia, has seen “unreal” levels of rain as a heavy thunderstorm dubbed Daniel is sweeping through the region, the National Observatory of Athens’ chief meteorologist said on Tuesday.
The possibility that the death of a British policewoman on the island of Corfu on Friday was caused by adulterated alcohol is being examined by the authorities, according to a report in the Sun newspaper.
The Greek Coast Guard said it rescued 14 migrants and recovered one body from Farmakonisi, a small island in the eastern Aegean, on Tuesday morning.