RES producers face negative power rates
The price of a megawatt-hour on the energy exchanges of Europe, with the exception of Italy, fell into negative territory to -142 euros at noon on Thursday, and in Greece to -€50.
Greece removes Alonnisos harbor master after safety incident
The Greek Ministry of Maritime Affairs and Insular Policy has removed the harbor master of Alonnisos following a serious safety incident at the northern Sporades island’s port, where a ship’s mooring line snapped during passenger boarding, causing panic and endangering passengers and crew.
Foreign Ministry condemns violence against Druze in Syria
The Foreign Ministry has voiced its “deep concern” over the latest outbreak of sectarian violence in Syria, specifically attacks targeting the Druze community, urging Syria’s interim authorities to act decisively to establish inclusive institutions.
Retail electricity rates climb in May
Despite a drop in wholesale electricity prices, Greek consumers saw retail rates for variable electricity plans rise in May, prompting a major shift toward fixed-rate contracts.
Woman dies in Thessaloniki explosion
A 38-year-old woman who was seriously injured in an early-morning explosion in central Thessaloniki has died from her injuries.
Turkish Cypriots protest over what they say is Turkey’s introduction of Islam into education system
Several thousand Turkish Cypriots took to the streets of the northern half of Cyprus’ divided capital Nicosia on Friday to protest what they say is Turkey’s attempt to erode their secular roots and to strengthen the hold of political Islam over their society.
Codesharing agreement for Emirates and Aegean
Tourism Minister Olga Kefalogianni has signed an outline deal with Dubai’s Emirates airline that includes a codeshare agreement with Greek air carrier Aegean Airlines, on the sidelines of the Arabian Travel Market tourism exhibition in Dubai
Greece’s inflation drops to 2.7% in April
The European Union-harmonized inflation index in Greece came to 2.7% in April according to provisional data reported by Eurostat on Friday.
Economic sentiment slipped last month
The Greek economic sentiment index fell to 107.4 points in April from 107.7 in March, the Foundation for Economic and Industrial Research (IOBE) said in a report on Friday.
Could Apple exist without its ties to China? Probably not
Several years before Donald Trump entered politics, Apple and its partners built massive factories across China to assemble iPhones. Trump first campaigned for president by promising his supporters that he would force Apple to make those products in America.