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Monthly Archives: July 2024

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Austrians buy cheesemaker

Latest Greek newsBy July 5, 2024Leave a comment

Desserta Hellas, the Greek subsidiary of Austrian company Berglandmilch, is the new owner of Doriki SA.

Turkey’s Demiral to be suspended for two games over wolf gesture, German media report

Latest Greek newsBy July 5, 2024Leave a comment

Τurkey defender Merih Demiral is to be banned for two games by UEFA following a gesture he made during his side’s last-16 win against Austria on Tuesday and will miss Saturday’s Euro 2024 quarter-final against Netherlands, German media reported.

Skylakakis: Green transition needs policy changes

Latest Greek newsBy July 5, 2024Leave a comment

There are many rules in and there is very little effectiveness of the green transition framework in the European Union, Environment and Energy Minister Thodoros Skylakakis said on Thursday, speaking at the Athens Energy Summit.

How to protect yourself from wildfire smoke

Latest Greek newsBy July 5, 2024Leave a comment

Extreme wildfires are becoming more common, more intense and more of a pressing problem for public health. This week, more than 20,000 people in Northern California evacuated their homes as flames destroyed houses and cars.

Cyprus link risks losing EU funding

Latest Greek newsBy July 5, 2024Leave a comment

Cyprus’ Energy Minister George Papanastasiou expressed concerns over the potential withdrawal of a 657-million-euro subsidy by the European Commission for the electricity interconnection between Cyprus and Greece, known as the Great Sea Interconnector (GSI).

Greece’s business environment transformed, says Finance Deputy Min

Latest Greek newsBy July 5, 2024Leave a comment

In the last five years “we have changed the business environment in Greece, we have recovered what we lost in the crisis, we have obtained investment grade and we have recorded high growth rates,” Deputy Minister of National Economy and Finance Nikos Papathanasis said on Thursday at the 28th Annual Economist Government Roundtable in Athens. 

Piraeus Port Authority shareholders approve dividend increase

Latest Greek newsBy July 5, 2024Leave a comment

The shareholders of Piraeus Port Authority (OLP) approved by majority vote all items on the agenda, including the distribution of a dividend at 1.34 euros gross per share for fiscal year 2023, a 29% increase compared to 2022, OLP said in a statement on Thursday.

S&P upgrades rating of five Greek banks

Latest Greek newsBy July 4, 2024Leave a comment

Standard & Poor’s upgraded the long-term credit rating of the four systemic banks and Aegean Baltic Bank on Thursday.

Power management

Latest Greek newsBy July 4, 2024Leave a comment

Throwing your weight around with a “Do you know who I am?” is an abominable behavior that is deeply rooted in Greek culture and, having no place in a democracy, needs to be eradicated.

ATHEX: Stocks grow on the year’s lowest volume

Latest Greek newsBy July 4, 2024Leave a comment

The anticipation of more interest rate cuts by the European Central Bank appears to have boosted stocks at the local bourse on Thursday.

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