Is Greece’s economy ready for climate change?
Over the past decades we’ve heard a lot about the potential impacts of climate change, from rising temperatures to wildfires and droughts. Greece is on the frontline of many of these shifts.
The Kore of Thera returns home
The iconic 2,700-year-old Kore of Thera statue has returned to Santorini’s renovated Archaeological Museum, now protected by a groundbreaking anti-seismic base that can withstand magnitude 8.0 earthquakes.
Crete, Gavdos hit by wave of migrant arrivals
In less than 24 hours, 731 migrants, including many families and children, arrived on Crete and Gavdos. “The shelter in Agia had just emptied of those who arrived on June 5, and now it’s full again,” said Hania’s deputy mayor.
FDI on the rise since last year
Greece recorded the second-best performance of the last five years in 2024 in terms of attracting foreign direct investment.
Farm subsidy probe a new thorn for governement
A new front of political confrontation has emerged after European prosecutors sent the Greek Parliament a case file investigating the possible involvement of two former agriculture ministers in subsidy fraud, as the government shifts to defensive mode.
FM to visit Libya amid maritime tensions
Greek Foreign Minister George Gerapetritis will visit Libya in early July to address pending maritime boundary negotiations, diplomatic sources said, as Libya’s reaction to Athens’ recent offshore exploration licenses south of Crete has renewed bilateral tensions.
Banks expanded total disbursements last year
Banks reduced loans to businesses but increased overall disbursements in 2024 compared to 2023. Large businesses received the largest amounts, and also borrowed at the lowest interest rates compared to the rest.
Jazeera Airways resumes Cyprus-Kuwait flights
Jazeera Airways, one of the leading low-cost carriers in the Middle East, resumed direct flights from Cyprus’ main airport in Larnaca to Kuwait on Tuesday.
Trucker found with ancient amphorae
Authorities have arrested a 53-year-old truck driver after discovering ancient amphorae hidden in his vehicle, police said.
India’s drone power lands in Cyprus
Indian business interest in Cyprus is gaining momentum, with drone tech leader Drone Destination planning to set up shop on the island.