Servicers have settled loans of over 15 billion euros
Debt management companies (servicers) have so far arranged bad loans amounting to 15.2 billion euros since 2022.
Legal uncertainty
The case of Greek jewelry chain Folli Follie was a blow to the credibility of the Greek market, as it revealed the inadequacy of the supervisory authorities. But the blow that followed, with the slow pace of the judicial procedure, was perhaps more severe than the initial fraud scandal.
‘Likes’ do not translate into votes
You can’t avoid vertigo if you put the latest opinion polls and the social media influence of Greek Prime Minister Kyriakos Mitsotakis and the leader of the main opposition, Stefanos Kasselakis, side by side.
Cartoon (18/05/2024)
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A blue digital transition
Oceans: Not only do they regulate the Earth’s climate but they also sustain life as we know it. Yet, despite their critical role, oceans are facing persistent degradation and destabilization worldwide.
Stunning Methoni Castle slated for much-needed repairs
The Central Archaeological Council (KAS) has unanimously approved a preliminary study for the restoration of the northern part of Methoni Castle, in the southwestern Peloponnese.
Wildlife shelter treats fox hit by car in Halkidiki
A wildlife shelter said it was treating a fox cub that was spotted by passing drivers on the side of the road in Halkidiki, northern Greece.
The Greek economy’s strong and weak points
The Greek economy’s growth rate as well as the increase in investments and exports are currently the country’s strongest points, compared to the rest of the eurozone.
It’s realpolitik, stupid!
It is a difficult time for realpolitik. A few weeks before the European Parliament elections, and especially at a time when the Greek prime minister is on a difficult tour of traditionally ultra-patriotic northern Greece, Kyriakos Mitsotakis is called upon to defy the political cost and confirm the family tradition on issues of foreign policy…
Red Arrows swish through dusty Athens sky
The Royal Air Force Aerobatic Team, known as the Red Arrows, performed its first display over southern Athens on Saturday.