One of the pillars of Greek banks’ profitability has been the limited increase in interest rates on deposits, leading to the highest interest spread in the eurozone – i.e. the difference between loan interest rates and deposit interest rates.
Imerys Bauxites’ operations will merge with Mytilineos’ wholly-owned subsidiary, Delphi Distomon, as part of the Metallurgy Sector’s ongoing vertical integration.
Foreign Minister Giorgos Gerapetritis on Wednesday defended the government’s decision to remove an artwork displayed at the Greek Consulate in New York – a pink-and-white quilt resembling the national flag, part of a campaign against domestic violence.
As of Monday this week, Thessaloniki Port Authority (ThPA) and Motodynamics form part of the Athens Stock Exchange ESG index. ThPA said in a statement on Tuesday that the fact it is now listed in the ESG index reinforces its commitment to the goals it has set for environmental protection, social welfare and corporate governance.
Greece has advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni waters, keep only the necessary crew on the bridge and follow alerts issued by maritime authorities to avoid attacks in the area.
The morning after the event celebrating the 25th anniversary of the collaboration between Kathimerini and The New York Times for the former’s English-language edition, thanks to which American columnist Susan Glasser was in Athens for the first time, we meet at the cafe of a hotel in central Athens.
For the second year in a row The Economist once again listed Greece as the top economic performer of the year out of a list of 35 countries.
The European Union reached agreement early on Wednesday on new rules designed to share out the cost and work of hosting migrants more evenly and to limit the numbers of people coming in.
Incoming Athens Mayor Haris Doukas on Wednesday reiterated his criticism of a controversial government amendment, highlighting its impact on the Athens municipality’s authority over capital projects.
National Economy and Finance Minister Kostis Hatzidakis said on Tuesday that “this is the first time that Greece has received so much in funding for the digital transformation of the economy.”