Greece to host large-scale US Army exercise
One of the largest US Army exercises in Europe is set to take place over the coming weeks, primarily in the Balkans, with the main phase of the exercise to be conducted in Greece.
Rare migratory birds lure watchers to Greece’s Lesvos island
Black-winged white stilts wade through a salt pan, plunging their beaks into the water in search for food at the Kalloni bay on the Greek island of Lesvos, as bird-lovers watch through binoculars from afar.
Fresh momentum seen in Washington for lifting sanctions on Turkey
After weeks of relative stagnation, momentum appears to be building in Washington around the potential lifting of CAATSA sanctions imposed on Turkey, a development that could transpire in the near future.
Tourism generates €30.2 bln
The direct contribution of tourism to the Greek economy in 2024 is estimated at 30.2 billion euros.
Lion of Amphipolis returning to past glory
The Central Archaeological Council has approved the restoration of the Lion of Amphipolis, a monumental sculpture that was believed to have originally stood atop the Kasta Tomb in Serres, northern Greece.
Manhunt launched for baby snatcher
Police investigators in Athens are looking for a man who is believed to have snatched an infant that was later found abandoned beside a recycling dumpster in the seaside suburb of Alimos, on Wednesday.
Fund misallocation a thorn in the economy
The misallocation of resources has cost the Greek economy dearly, as the International Monetary Fund emphasizes in a new report, even speaking of significant missed opportunities.
‘Made in Greece’ in shipbuilding
Development Minister Takis Theodorikakos on Wednesday said that “made in Greece” must become the “ultimate success story” of the shipbuilding and ship repair industry, while addressing the anniversary event “700 Ships – A Vision,” organized by ONEX at the Elefsis Shipyards.
Pierrakakis announces investment clawback extension till 2030
National Economy and Finance Minister Kyriakos Pierrakakis has announced the extension of the investment clawback until 2030.
Slow justice hampers growth
An International Monetary Fund report puts the Greek judicial system in the dock, as, despite the reforms carried out in the country – some forced as bailout obligations, others by choice – it is still extremely slow, not at all modern, acting as a brake on development and attracting investment.