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Daily Archives: November 15, 2024

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US-Cyprus ties irk Ankara

Latest Greek newsBy November 15, 2024Leave a comment

Reports in Turkish pro-government media are pushing the narrative that the US is supplanting British bases in Cyprus with its own, stirring a scenario where the American military presence encircles Turkey with bases in northern Greece, Crete and Cyprus. 

RRF support for sailors’ pension fund digital registry

Latest Greek newsBy November 15, 2024Leave a comment

The merchant sailors’ pension fund (NAT) has secured nearly a million euros (€992,000) from the European Union’s Recovery and Resilience Fund to develop a digital database of all current and former employees in the sector and their employment record.

Bill for Hellenic Railways restructuring imminent

Latest Greek newsBy November 15, 2024Leave a comment

A bill restructuring the troubled Hellenic Railways (OSE) is expected to be tabled by the end of the month, according to government sources.

Posidonia beats sustainability expectations

Latest Greek newsBy November 15, 2024Leave a comment

The Posidonia shipping fair reported low consumption levels per visitor, both in electricity and water consumption.

Santorini backs strict building limits 

Latest Greek newsBy November 15, 2024Leave a comment

Residents of the popular tourist destination of Santorini are calling for stricter building regulations to protect their island’s unique landscape and cultural heritage.

Strong investor interest in small caps

Latest Greek newsBy November 15, 2024Leave a comment

Investor interest in small-capitalization listed firms is quite significant, an investors’ conference organized by the Athens Stock Exchange revealed. 

ATHEX: Banks, OTE drag general index down

Latest Greek newsBy November 15, 2024Leave a comment

Selling pressure on banks and telecoms company OTE led the Athens Stock Exchange to close marginally lower.

Banks simplifying their structures

Latest Greek newsBy November 15, 2024Leave a comment

Three of the “big four” Greek banks – Alpha, Eurobank and Piraeus – who had created holding companies plan to absorb them in an effort to simplify their structure. 

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