A political reshuffle can help the government in its efforts to reform the economy but it is never enough by itself, according to the president of Piraeus Chamber of Commerce and Industry, Vassilis Korkidis, on Friday, commenting on the Cabinet reshuffle and the current economic conditions.
Prime Minister Kyriakos Mitsotakis unveiled a Cabinet reshuffle Friday, the largest of his tenure, bringing in younger officials, consolidating power at the prime minister’s office and adjusting key ministries amid ongoing political challenges.
Global ratings agency Moody’s has upgraded Greece’s rating to “Baa3” from “Ba1”, citing quicker-than-expected improvement in public finances and the country’s greater resilience to potential future shocks.
The body of a woman who went missing from a ferry on Wednesday has been recovered from the sea off Salamina, the coast guard has said.
Labor and Social Affairs Minister Niki Kerameus on Thursday noted that unemployment in Greece was at its lowest level in 17 years in January 2025.
A Lebanese investor is threatening legal action after the Department of Antiquities blocked a 115-million-euro development near the historic Nicosia walls.