ATHEX: US tariff talk sends stocks tumbling
The latest White House whim, regarding the threat of 50% tariffs on European Union imports as of June 1, dealt a major blow to European bourses on Friday.
Cartoon (23/05/2025)
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‘When US hesitates, Turkey becomes more aggressive’
While the reverberations of Hamas’s October 7 attack on Israel have reshaped the strategic calculus across the Middle East, the crisis has also reaffirmed the urgency of regional partnerships based on democratic values and shared security interests for Cyprus and Greece.
Suspect detained over fatal bank bombing in Thessaloniki
A 42-year-old man has been remanded in custody in connection with the deadly explosion of a bomb outside a bank in central Thessaloniki earlier this month. The explosion killed the bomb’s carrier, a 38-year-old woman.
Large discrepancy in salaries
The target for an average gross salary of 1,500 euros in 2027 seems achievable, but not for everyone, with data showing that private sector salaries in Greece are increasing, though not at the same rate and not for all employees.
ECB expected to cut rates in June before pausing, say central bank chiefs
The European Central Bank is expected to implement one more interest rate cut in June before pausing further reductions, Bank of Greece Governor Yannis Stournaras and Finnish central bank chief Olli Rehn have told Kathimerini.
European stocks tumble, bonds rally after Trump proposes 50% EU tariff
European stocks tumbled, the euro gave back some gains, and euro zone government bond yields fell sharply on Friday after US President Donald Trump said he is recommending a straight 50% tariff on goods from the European Union starting on June 1.
Anti-terror drill held at Piraeus port
A counter-terrorism drill was carried out on Friday by the Special Missions Unit of the Central Port Authority of Piraeus, simulating a terrorist threat at the cruise passenger terminal.
Greece fires EU farm subsidy chief amid fraud probe tensions
Agriculture Minister Kostas Tsiaras on Friday dismissed Nikolaos Salatas, head of Greece’s EU subsidy payments agency, amid escalating tensions with European prosecutors investigating large-scale fraud in the distribution of agricultural funds.
Two arrests, in addition to alleged gunman, made in Rafina killing
Police have made two additional arrests following the murder of a 41-year-old man who was found fatally shot in the head in a field in Rafina, east of Athens, earlier this week.