Banks must pay their dues
Banks were kept afloat during the financial meltdown with public money – with taxpayers’ money. This is what needed to be done, because without banks, the country wouldn’t have an economy to speak of.
Banks were kept afloat during the financial meltdown with public money – with taxpayers’ money. This is what needed to be done, because without banks, the country wouldn’t have an economy to speak of.
This Saturday, the Greek Orthodox Church celebrates Agia Aikaterini (Saint Catherine), and the northern port city of Thessaloniki is eagerly anticipating the arrival of its new spiritual leader, symbolically welcomed “in strings and organs.” Recent days have seen intense preparations, as a multitude of dignitaries are expected, including prominent figures such as Prime Minister Kyriakos…
The main opposition party SYRIZA’s president Stefanos Kasselakis uploaded a post on social media on Friday afternoon commenting on the recent mass exodus of MPs and party members. The post caused a series of reactions from the ex-members of SYRIZA.
The election triumph of far-right politician Geert Wilders in the Netherlands – irrespective of whether this is enough for him to become prime minister – is yet another warning that however many serious challenges the European Union faces from outside, the greatest danger lies within its walls.
After a rather subdued session at the end of the week on the Greek bourse, the benchmark posted a minor loss that did little to change the weekly result of growth.
A celebration of Chinese culture through theater, dance, music and food comes with the Sino-Hellenic International Theater Festival at the Christmas Theater (ct.gr).
Apartment prices (in nominal terms) are estimated to have increased on average by 11.9% year-on-year in the third quarter of 2023, according to provisional data released by the Bank of Greece on Thursday.
The National Economy and Finance Ministry’s plan for “Hercules 3” provides for additional guarantees to banks amounting to 2 billion euros.
The Greek economy has largely benefitted from the refining industry, reported the Times, UK, in its sponsored section.