PPC swings to profits in year’s first quarter
Greece’s main power utility Public Power Corporation (PPC) said on Thursday it had swung to profit in the first quarter on the back of lower energy costs.
Cyprus upholding sanctions on Russia, EU must support sectors hit, says president
Cyprus said on Thursday it was committed to upholding European Union sanctions on Russia over its invasion of Ukraine and urged the bloc to support sectors, such as shipping, that have felt the impact of EU decisions.
Nicosia exits excessive imbalance process
Ten years after the outbreak of the financial crisis it suffered, with the bank bail-in, the Republic of Cyprus has finally exited the excessive imbalances procedure (EIP) of the European Commission
AI photoshopping is about to get very easy. Maybe too easy
Photoshop is the granddaddy of image-editing apps, the O.G. of our airbrushed, Facetuned media ecosystem and a product so enmeshed in the culture that it’s a verb, an adjective and a frequent lament of rappers. Photoshop is also widely used.
ATHEX: Banks boost index helped by mid-caps
Unfazed by news of a German recession and a US credit default threat, the Greek stock market reverted to its upward trajectory on remarkable trading volume on Thursday, recapturing the 1,200-point level, with the help of growth in bank stocks.
Same as everywhere else
Participation in last Sunday’s general election by Greeks living abroad was never expected to be very high, so the result came as no surprise.
Brussels: Energy diversification is crucial
Greece’s economy is particularly vulnerable to fluctuations in international energy prices due to its high dependence on fossil fuels, and despite the support provided to industry and low-income households, could be severely affected by prices, the European Commission noted.
PASOK leader reiterates no interest in ND coalition
PASOK leader Nikos Androulakis emphasized again on Thursday that the party is not interested in forming a coalition with ruling New Democracy, “even if two or three seats are needed to form a government.”
Slow death or a second chance?
SYRIZA is in intensive care and the prognosis for the leftist opposition is not good. Will it suffer a slow death or will it make a recovery and get a second chance?
Cartoon (25/05/2023)
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