Transportation workers will participate in a 24-hour general strike on Friday, marking two years since the Tempe railway disaster. All train services, including the Athens Suburban Railway (Proastiakos), will be suspended throughout the day.
Approximately 40,000 civil servants will see increases in their salaries after the settlement of the “personal difference” issue, related to their reduced wages based on when they started receiving their state salaries.
OTE, Greece’s biggest telecoms operator, reported a 1% rise in adjusted core earnings in the fourth quarter on Wednesday, driven by growth in its Greek mobile operations as well as lower personnel and maintenance costs in Greece.
Deputy Development Minister Anna Mani-Papadimitriou highlighted the importance of upgrading industrial parks, especially outside the main cities of Greece, for a dynamic and resilient economy, with balanced development throughout the country, during her visit to the Alexandroupoli Business Park on Wednesday.
Prime Minister Kyriakos Mitsotakis met with UAE President Mohamed bin Zayed Al Nahyan in Abu Dhabi on Thursday, marking a significant step in strengthening the economic and investment ties between the two nations.
During his first term in office, President Donald Trump described the European Union “as a foe,” established “to hurt the United States on trade.” He repeated the charge at a Cabinet meeting Wednesday, but in more vulgar terms.
Cyprus Energy Minister George Papanastasiou said on Thursday that Abu Dhabi’s energy company TAQA is interested in investing in the delivery of an international electricity connection project.
Cypriot lender Hellenic Bank on Thursday reported a profit of 383 million euros for 2024, reflecting a 10% year-on-year increase, after adjusting for discontinued operations, in a landmark year for its ownership structure following its acquisition by Eurobank.
The Swiss attorney general’s office said on Thursday it had imposed a $1 million fine on Morgan Stanley’s Swiss operations for failing to do enough to prevent one of its client advisors committing qualified money laundering in 2010.
The Greek economy is expected to be impacted mainly indirectly if the US imposes tariffs on the EU following the election of President Donald Trump, Alpha Bank noted in its weekly economic bulletin.