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.
Residents record flooding, destruction in Volos, Mount Pelion amid severe storm
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.
Traffic banned on Skiathos due to storm
Residents on the Sporadic island of Skiathos have been urged to limit their movements after storm Daniel turned road into flooded torrents.
Former premier tests positive with Covid, will not attend PM’s speech
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.
No sign of food price rise abating
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.
Cap on Acropolis visitor numbers comes into effect
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.
Police bans cars in Magnesia as severe rainstorm triggers flooding
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.
‘Unreal’ levels of rain fell on Mount Pelion, expert says
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.
Corfu authorities say tainted alcohol may be behind British woman’s fatal fall
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.
One migrant dead, 14 rescued in Farmakonisi
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.