The central bank governors of Poland and Hungary are caught up in noisy disputes with opponents over their rate-setting policy, raising new hazards for investors willing to brave central Europe’s bitterly polarized politics.
The market expects Hellenic Post (ELTA) to record losses, and on an operational level, for 2022 and with all certainty also in 2023.
Greece’s State Minister Savros Papastavrou emphasized on Monday that Albania’s continued detention of Fredi Beleri, the Greek mayor-elect of Himare in the southern part of the Balkan country, is not just a bilateral matter but a European one.
For a term deposit of 50,000 euros, the interest rate given by European banks, in countries from Italy to Lithuania and from Germany to Sweden, is between 3.50% and 4.55%, while in Greece the corresponding interest rate is just between 1% and 1.5%.
The government is preparing for the High Cooperation Council (HCC) meeting between Greece and Turkey, which will be held in Athens on December 7, with no high hopes, but also with no fear of a breakdown in relations at this stage.
Attracting investments and the repatriation of the Parthenon Sculptures take center stage in the agenda of Greek Prime Minister Kyriakos Mitsotakis during his visit to London, where he is slated to meet with UK Prime Minister Rishi Sunak, Labour Party leader Keir Starmer, and key foreign investors.
SYRIZA leader Stefanos Kasselakis criticized Prime Minister Kyriakos Mitsotakis on Monday for remarks he made during a BBC television interview on Sunday concerning the return of the Parthenon Sculptures, currently displayed in the British Museum in London, to Greece.
Greek police have arrested six people who they say are members of a large human trafficking gang that violently extorted money from migrants to assist them in crossing into neighboring Albania and travel to European Union countries to the north.
The share capital of National Bank of Greece (NBG), the country’s biggest lender by assets, is now covered by over two thirds (67%) by international investors.
As part of its pre-election promise to expedite the administration of justice and to consolidate legality, the government has prepared a package of legislative measures to reform the country’s criminal and judicial system.