Human trafficking ring dismantled in Crete
Police in Hania, Crete, have busted a human trafficking ring involved in systematic labor exploitation, arresting three suspects – a 48-year-old man already in prison and two women, aged 42 and 51.
21-year-old son charged with mother’s murder in Larissa
The 21-year-old man who confessed to killing his mother at their home in Larissa has been charged with intentional homicide, drug possession and illegal use of a weapon. He is expected to testify this Friday.
Record number of Turkish tourists expected in Greece in 2025
An estimated record number of 1.4 million Turkish tourists will travel to Greece this year, supercharging the country’s tourism industry with an unprecedented surge, according to new report by the Turkish Hoteliers Association (TÜROB).
JPMorgan to withdraw UK lawsuit against fintech Viva Wallet, report says
JPMorgan plans to withdraw its 900-million-euro lawsuit against Greek fintech Viva Wallet in the UK — but will continue pursuing legal action in the startup’s home country, website Sifted reported on Tuesday.
Refund for pensioners who continue to work
The “freezing” of the pensioners’ solidarity contribution (EAS) will apply retroactively at the level of the initial pension for those pensioners employed from May 2016 onward, according to a Labor Ministry provision.
Large quantity of cocaine seized at Thessaloniki port
Thessaloniki police have found and confiscated a large quantity of cocaine hidden in a container loaded with bananas from Ecuador at the city’s port. The drug is valued at 1.6 million euros.
Defense startups are flourishing
DEFEA, one of Europe’s biggest defense industry exhibitions, held in Athens last week, saw considerable international interest not only in major industries in the sector, but also in Greek startups that have already secured contracts with third-country armed forces.
Cyprus business challenges old divisions amid hopes of new crossing points
When Andreas G. Andreou and Emre Serdar founded their window and framing company in Cyprus in 2015, they had a mission: to challenge the island’s divisions by operating the business on both sides of its historic ceasefire line.
No AI planned by most SMEs
Some 55% of businesses stated that they do not intend to utilize any artificial intelligence tool within the next year.
Banks show earnings near 1.2 billion euros in Q1
The net profits of Greece’s four systemic banks showed resilience in the first quarter of the year.