After a hotly contested election, Turkish President Erdogan is in the lead, defying the polls to enter an expected run-off for the presidency at the end of May. Ayla Jean Yackley, a journalist covering Turkey with stories in The Financial Times, Politico, and other major outlets, joins Thanos Davelis to break down the key takeaways…
Hopes among investors of a surge in Turkish markets evaporated on Monday after long-standing President Tayyip Erdogan took a commanding position in Turkey’s elections.
Prime Minister Kyriakos Mitsotakis delivered a fresh stern message to Albania on Monday stressing that its aspiration to join the European Union hinges on its upholding of ethnic Greek minority rights.
Losing credibility can happen in a day, but it takes years to regain it. History has also shown this – not only in Greece -– with rating agencies not hesitating to quickly downgrade a country when they see “signs” of weakness on the fiscal front.
The president of the Greek Tourism Confederation (SETE) and Electra Hotels & Resorts CEO and co-owner Yiannis Retsos expects a historic high in travel receipts in 2023.
The referral of the Turkish presidential elections to a second round between the incumbent President Recep Tayyip Erdogan and the coalition of six opposition parties led by Kemal Kilicdaroglu did not make a serious impression in Athens.
Lagonisi, Saronida, Sounio, but also the coasts of Eastern Attica and nearby islets, as well as obsolete and abandoned hotel complexes from previous decades are some of the points that are attracting the attention of investment schemes.
Greece votes on Sunday in what is likely to be an inconclusive election, meaning short-term uncertainty as markets wait to see whether a coalition government or a second-round vote follows.
Prince Albert II of Monaco will be visiting the island of Elafonissos on May 29, the Athens-Macedonian News Agency reported on Monday.
Last Friday, in the presence of Labor and Social Insurance Minister Yiannis Panayiotou, Cyprus’ social partners (trade unions and employers) signed a new transitional agreement on the Cost-of-Living Adjustment (CoLA), stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%.