Greek Prime Minister Kyriakos Mitsotakis headed to Brussels on Thursday for an emergency meeting where European Union leaders will discuss ways to quickly increase their military budgets after the Trump administration signaled that Europe must take care of its own security and also suspended assistance to Ukraine.
The weighted average interest rates on new deposits remained unchanged at 0.45% in January 2025, while the corresponding rate of loans decreased to 5.10%, according to the Bank of Greece.
Bank profits in Cyprus soared in 2024, marking two consecutive years of record earnings.
The Public Debt Management Agency on Wednesday successfully auctioned a 52-week treasury bill issue, raising 600 million euros from the market at a slightly lower interest rate: It was set at 2.15%, down from 2.27% in the previous auction on December 4.
Athinon Avenue enjoyed a session of strong gains on Wednesday that took its benchmark to a new 14-year high.
A prosecutor accused a mother from Patra in Western Greece of showing no remorse over the 2019 death of her 3-year-old daughter, Malena, as she argued for her conviction.
In a remarkable collaboration marking the 70th anniversary of the Athens Epidaurus Festival, the festival has partnered with the Hellenic Film Academy to produce a film inspired by Sophocles’ ‘Electra.’
Greece’s four systemic banks will distribute dividends of over 1.7 billion euros for the previous financial year.
Violence erupted in Syntagma Square on Wednesday evening after another large rally demanding justice for the victims of the Tempe train disaster.