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Monthly Archives: October 2024

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EU disbursement boosts Greece’s recovery fund absorption to €18.2 bln

Latest Greek newsBy October 17, 2024Leave a comment

Following the European Commission’s disbursement to Greece of 1 billion euros in grants from the Recovery and Resilience Facility (RRF) on Wednesday, the total amount disbursed to Greece amounts to €18.2 billion, more than 50% of the total budget of the Greece 2.0 national plan.

Turkey cements position as Europe’s top coal-fired power system

Latest Greek newsBy October 17, 2024Leave a comment

Turkey has spent eight of the first nine months of 2024 as Europe’s largest producer of coal-fired electricity, overtaking Germany and Poland as it cranked coal burning for power.

Bank profits in crosshairs in Cyprus

Latest Greek newsBy October 17, 2024Leave a comment

The future of a special tax on bank deposits paid to the state in Cyprus may be heading for a shift, though a final decision is not guaranteed.

PDMA holds successful auction for Greek government bond

Latest Greek newsBy October 17, 2024Leave a comment

An auction for a reissue of a five-year Greek government bond with an interest rate of 3.875%, maturing on March 12, 2029, was held by the Public Debt Management Agency (PDMA) on Wednesday, raising the asked sum of 250 million euros.

Reimagining tourism: Eco-villages for a sustainable future

Latest Greek newsBy October 16, 2024Leave a comment

“[With its] unique island geography, Greece serves as an ideal model for implementing eco-village initiatives,” James Ehrlich, director of compassionate sustainability at Stanford University, said during a discussion on sustainable tourism at Kathimerini’s “Reimagine Tourism in Greece” conference on Wednesday. 

The intersection of arms deals and migration in German-Turkish relations

Latest Greek newsBy October 16, 2024Leave a comment

This past weekend, the political magazine Der Spiegel, known (and dreaded by some) for its exclusive insights, reported that the German government has approved large-scale arms deals with Turkey for the first time in years.

The culinary minefield

Latest Greek newsBy October 16, 2024Leave a comment

It is a feeling, an assessment based not on research but on personal observation. In Athens, there are countless dining establishments; not only in the city center and tourist areas but also in peripheral neighborhoods there is an overwhelming abundance of restaurants.

Responsible administrators

Latest Greek newsBy October 16, 2024Leave a comment

Fining public administration employees who don’t do their jobs on time may seem completely bizarre by Greek standards.

Androulakis’ last chance

Latest Greek newsBy October 16, 2024Leave a comment

Nikos Androulakis may have been triumphantly re-elected to the helm of PASOK last Sunday, but the reasons that led to his leadership being challenged in the first place have not been resolved.

ATHEX: Rebound extended on local bourse

Latest Greek newsBy October 16, 2024Leave a comment

The bourse session at Athinon Avenue on Wednesday practically picked up from where Tuesday’s session had left off.

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