Monthly fee on bank accounts
The era of being able to maintain a bank account at no charge has come to an end, as lenders gradually introduce fees on depositors, starting with a commission of 60-80 cents a month.
Mexican drug cartels seek to buy weapons in Europe
Europe is not a main drug market for the Mexican cartels, experts seem to agree. But those cartels are actively seeking to buy weapons in Europe and, sometimes, they pay local middlemen with drugs instead of cash.
France will allow temporary deployment of nuclear-armed jets to allies
French President Emmanuel Macron announced Monday that France will increase its nuclear arsenal and, for the first time, allow the temporary deployment of its nuclear-armed aircraft to allied countries, in a new strategy aimed at strengthening Europe’s independence.
US riding EU hard on energy policy moves
The European Union’s goal of ending its dependence on Russian natural gas does not alter the fact that it is still a very minor player in energy who is now being pushed around by its substitute source of energy – its partner and now reluctant ally, the United States.
Calm prevails on the border between Turkey and Iran
“Trump has less dignity than the dog I’m holding. He drops bombs on us. He kills children. May he be cursed. We can and will endure.”
E65 central Greece motorway nears completion
Minister of Infrastructure and Transport Minister Christos Dimas conducted an on-site inspection last Friday of the construction site for the northern section of the E65 Central Greece Motorway and stressed that construction is now 93% complete.
Cyprus tourism revenue reaches new high
Revenue from tourism in Cyprus reached a new record high, at €3.69 billion in 2025. That’s up by €486.7 million compared to 2024 – an increase of 15.2% – according to the results of the Passengers Survey, carried out by the Statistical Service of Cyprus (CyStat).
Electricity exports fetched €10 bln in 2025
Greece’s revenues from electricity exports amounted to a total of €972 million in 2025 while the balance of trade for electric power showed a surplus of €261 million in the year, according to figures released by ELSTAT, the Hellenic Statistical Authority. This represented an increase of €650 million relative to 2019, when Greece was a…
Fuel rates in Cyprus to rise by March 10
Fuel prices in Cyprus are expected to increase in the coming days following recent upward pressure linked to the conflict in Iran.
Purchasing Managers’ Index improves in February
Greece’s seasonally adjusted S&P Global Purchasing Managers’ Index (PMI) for the manufacturing sector closed at 54.4 points in February, slightly higher than the 54.2 points at the start of the year.