Cyprus Parliament approves foreclosures law
A significant mobilization by the Cypriot government and the Central Bank of Cyprus this week regarding the framework of foreclosures bore fruit.
Stournaras: An ECB hike after September would be ‘surprising’
Greek central bank chief Yannis Stournaras did not rule out a further interest rate hike by the European Central Bank in September, but added that any increase beyond that month “would be surprising.”
Talk of far-right resurgence exaggerated
Too much controversy has been stirred up by the 12.77 percent won by the three far-right parties – the Spartiates (Spartans), Greek Solution and Niki (Victory) – in the June 25 legislative election. Those who fearmonger either ignore or pretend to ignore the even higher percentages obtained by the far-right in previous elections, such as…
ATHEX: Negligible loss for benchmark
A balanced session with particularly low turnover brought the week to a close at the Greek stock market as external pressures were mostly offset by the upward moves by blue chip heavyweights Coca-Cola HBC and Piraeus Bank.
The plan and the time frame
Prime Minister Kyriakos Mitsotakis on Thursday presented the key pillars of a program aimed at modernization and reducing inequalities.
Trade deficit posts 11% drop in May
The Greek trade deficit shrank 11% in May during a month which showed a 15.4% drop in exports and a 13.6% decline in imports, the Hellenic Statistical Authority said on Friday.
Thessaloniki: firefighter dies during operation
A 40-year-old firefighter has died in Thessaloniki while on duty and extinguishing a fire. The firefighter was part of a contingent that had been called to extinguish a fire in dry grass. According to a local news site, the firefighter suffered a fatal heart attack during the operation.
Eurostat: Over 4 million Ukrainians given temporary protection in the EU
Over 4 million non-EU citizens who fled Ukraine as a consequence of the Russian invasion on 24 February 2022 have been given temporary protection in EU countries, the EU’s statistical arm has said.
Greece pivotal in boosting Balkan networks
Greece’s role in helping to improve transport and connectivity networks in the broader region of the Balkans, the Black Sea and the Southeast Mediterranean has become pivotal in recent years, Deputy Foreign Affairs Minister for Economic Diplomacy and Openness Kostas Fragogiannis noted on Wednesday.
‘Multidimensional reform’ and society
The election result proved that Kyriakos Mitsotakis and his aides are better than their rivals at reading society.