Record beach concessions and inspections
Beach concessions to businesses reached a record 1,650 this summer, far higher than the initial estimate of 1,200 by the Ministry of Finance.
DEDDIE advances underground power cable program to reduce wildfire risks
The Hellenic Electricity Distribution Network Operator (DEDDIE) is speeding up the program to place power cables underground, while another agency, the Independent Power Transmission Operator (ADMIE), is implementing a program to connect islands to the national grid.
BoG: Wages can rise without boosting inflation
Wages could rise modestly without creating inflationary pressures, according to a study published in the Bank of Greece’s Economic Bulletin.
Turkey seeks to cull its stray dogs. Critics say it’s about politics
Dogs have been a prominent part of Turkish culture for centuries. The Kangal Shepherd breed is a national treasure featured on postage stamps, and some strays have become local celebrities, like Boji, who earned fame for riding Istanbul’s public transportation.
Papoutsanis reports 1.4% drop in first-half sales but 18% increase in Pretax Profit
Soap and cosmetics company Papoutsanis’ first-half sales dropped 1.4%, to €31.7 million, in the first half, but pretax profit rose 18%, to €12.1 million, the company announced Friday. Exports accounted for 53% of turnover.
Greek stocks badly hit by global fears
The Athens Stock Exchange followed global bearish trends and dropped nearly 3% Friday. Weak US economic results announced Thursday and Friday created a sense of panic among investors that inevitably spread to the ATHEX.
Lessons from the plague
The plague sweeping through Greece’s sheep and goats shows that some people were too hasty in replacing the capital lost in last year’s disastrous floods.
Minister pledges to fight Mykonos mob
Minister of Citizen Protection Michalis Chrysochoidis has announced the reinforcement of the Mykonos Police Sub-Directorate with officers from Attica Security, in order to combat crime on the Cycladic island.
Aegean Airlines suspends flights to Tel Aviv, Beirut
Aegean Airlines has suspended all flights to and from Tel Aviv’s Ben Gurion International Airport until Tuesday due to escalating tensions in the Middle East.
Chamber Music Festival | Hania | August 26 – September 4
The 12th Hania Chamber Music Festival will take place at the Minoa Palace Resort and the Ancient Theater of Aptera from August 26 to September 4.