Scope Ratings: The Greek bonds market requires more depth
Greece has made significant strides in debt management and now, more than ever, needs to develop its still-shallow bond market.
Parents arrested for leaving baby in the balcony overnight
A couple were arrested in Thessaloniki on Tuesday for leaving their crying infant alone in the balcony overnight while they slept inside.
Weather models predict warmer-than-normal July
Southeastern Europe, including Greece, will experience warmer-than-normal temperatures in July with relatively mild deviations, according to long-term forecasts from eight international meteorological centers processed by researchers at the National Observatory of Athens.
EU moves ahead with Russian gas ban despite Hungary, Slovakia vetoes
Hungary and Slovakia on Monday opposed a planned European Union ban on Russian gas imports, though Brussels is expected to propose the law on Tuesday, which could pass without their approval.
PM meets with Microsoft EVP Althoff in Athens
Prime Minister Kyriakos Mitsotakis met on Tuesday with Microsoft’s Executive Vice President and Chief Commercial Officer, Judson Althoff, and senior executives of the company in Athens.
Alexandroupolis FSRU to gradually resume operations as of August 15
The floating natural gas storage and regasification unit (FSRU) in Alexandroupolis, northern Greece, will gradually resume operations with the necessary backup systems in place, said Kostis Sifnaios, Vice President and CEO of Gastrade, the company which operates the unit.
Alternative destinations gain popularity
High temperatures, overcrowding and peak-season prices are driving foreign visitors away from Greece’s traditional July-August peak season and iconic destinations like Mykonos and Santorini.
Fears of energy costs soaring
Concerns of a new energy crisis in Europe are growing as tensions in the volatile Middle East escalate and critical energy infrastructure for supplying the global market is at the heart of the Israeli-Iranian conflict.