Tourism is a critical sector for countries like Greece and Malta, but it also brings challenges, Jason Deguara, European Economic and Social Committee member and international secretary at the General Workers’ Union in Malta, said last weekend.
Fairfax Financial, one of the holding companies with the greatest exposure in Greece in recent years, is increasing its stake in leading Greek group Metlen Energy & Metals, investing a further 110 million euros, the Athens-listed company announced on Monday.
The Greek bourse produced another session of significant gains on Monday.
The upgrade of Cyprus’ economy by the Morningstar DBRS rating agency constitutes a vote of confidence in the government’s responsible fiscal policy, President of the Republic Nikos Christodoulides said on Saturday, expressing his satisfaction.
Greece’s four main banks recorded high performances based on all indexes in 2024 and in comparison with their European peers.
Turkish Foreign Minister Hakan Fidan is about to meet with his US counterpart Marco Rubio in Washington and discuss, among other things, the end of Turkey’s exclusion from the F-35 advanced fighter program.
An incident involving cadets at the Navy’s non-commissioned officers’ school taking part in Tuesday’s Independence Day parade has created a diplomatic spat with Turkey and will be investigated.
More firefighters are involved in fighting a blaze burning at a timber mill just outside Iraklio, Crete more than six hours after it started.
Finding resources to further reduce tax burdens is not the only headache for the new leadership of the National Economy and Finance Ministry.
The head of Turkey’s main opposition party visited jailed Istanbul Mayor Ekrem Imamoglu on Tuesday after six nights of massive protests calling for his release.