Hania-Iraklio road project concession ratified by Parliament
The Northern Road Axis of Crete (VOAK) concession for the Hania-Iraklio section was ratified by Parliament on Thursday evening.
Cyprus posts budget surplus of €646.8m
Cyprus’ government posted a budget surplus of 646.8 million euros, equivalent to 1.8% of GDP, during the period January-April 2025, according to preliminary data released by the Statistical Service of Cyprus (CyStat) on Friday.
Over 60,000 work permits in a decade in Cyprus
Cyprus has issued more than 60,000 residence and work permits to foreign nationals over the past decade.
Deposits by households, nonprofit institutions increase in April
Last month deposits placed by households and private nonprofit institutions increased by 350 million euros, compared with a decrease of 158 million euros in March; the annual growth rate remained unchanged at 2.6%, compared to the previous month, the Bank of Greece (BoG) said on Friday. On the contrary, corporate deposits decreased by €1.14 billion…
Cartoon (30/05/2025)
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A bolt out of the blue on Mt Sinai
The report was stunning, that an Egyptian court had ruled that the Monastery of St Catherine’s on Mount Sinai, the oldest functioning Christian monastery, was to be taken over by the state, its property confiscated.
Heracles’ carbon capture and storage unit in Evia
Heracles Group is proceeding with the start of construction of the large-scale carbon dioxide capture and storage project named “Olympus” at its factory in Milaki, Evia.
Egypt’s obligation
Greece has consistently been a reliable ally to Egypt, fostering cooperation on both diplomatic and economic fronts.
Hotels join EU booking battle
The Hellenic Chamber of Hotels has joined the pan-European collective action against Booking.com.
Three teenagers arrested for series of shop robberies in Athens’ Vyronas district
Police have arrested three 17-year-olds in connection with a series of shop robberies in the Vyronas district of Athens carried out over recent months.