Manhunt launched for baby snatcher
Police investigators in Athens are looking for a man who is believed to have snatched an infant that was later found abandoned beside a recycling dumpster in the seaside suburb of Alimos, on Wednesday.
Fund misallocation a thorn in the economy
The misallocation of resources has cost the Greek economy dearly, as the International Monetary Fund emphasizes in a new report, even speaking of significant missed opportunities.
‘Made in Greece’ in shipbuilding
Development Minister Takis Theodorikakos on Wednesday said that “made in Greece” must become the “ultimate success story” of the shipbuilding and ship repair industry, while addressing the anniversary event “700 Ships – A Vision,” organized by ONEX at the Elefsis Shipyards.
Pierrakakis announces investment clawback extension till 2030
National Economy and Finance Minister Kyriakos Pierrakakis has announced the extension of the investment clawback until 2030.
Slow justice hampers growth
An International Monetary Fund report puts the Greek judicial system in the dock, as, despite the reforms carried out in the country – some forced as bailout obligations, others by choice – it is still extremely slow, not at all modern, acting as a brake on development and attracting investment.
Cyprus hails new EU envoy
Cypriot President Nikos Christodoulides welcomed the appointment of Johannes Hahn as the European Union’s special envoy for the Cyprus issue.
Tourism most resilient business sector, says Tzitzikostas
Speaking at the 13th Regional Growth Conference (RGC) in Patra, European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas highlighted tourism as the most resilient sector of business activity in Greece.
Opposition decries new law easing involvement of politicians’ relatives in foreign-based firms
Α late-night amendment easing restrictions on the participation of politicians’ relatives in foreign-based companies triggered sharp opposition in Parliament before its passage.
Demand for loans grows in Cyprus
Cyprus banks had a busy first quarter in 2025, handing out 1.24 billion euros in new loans, as falling interest rates sparked renewed interest in borrowing.
Cyprus’ working week hours remain above the EU average in 2024
The total length of the working week in Cyprus in 2024 remained once again above the average working week in the European Union, at 38 hours of work per week for workers in the country, compared to 37.8 in 2014 and 38.4 in 2023, according to data released on Wednesday by Eurostat, the statistical service…