The European Central Bank piled on a 10th straight interest rate increase Thursday, pressing forward in its fight against stubbornly high inflation that has been plaguing consumers even as worries grow that higher borrowing costs could help push the economy into recession.
National Economy and Finance Minister Kostis Hatzidakis met with Hellenic Bank Association (HBA) President Vassilis Rapanos on Wednesday to discuss banks’ plans to help with the repercussions of storm Daniel.
A delegation from Egypt’s Health Ministry, led by Minister Khaled Abdel Ghaffar, on Wednesday visited the facilities of the Athens Medical Group and held a series of strategic discussions with its management.
“No foto!” was long the refrain from guards at the Reina Sofía museum in Madrid if a visitor dared to attempt to take a picture of “Guernica,” Pablo Picasso’s 1937 antiwar masterpiece.
Prices in the Cyprus real estate market have been going up in recent years.
From a business perspective, Stefanos Kasselakis, a self-proclaimed successful entrepreneur, made a smart first move in expressing his interest in leading SYRIZA.
China’s economy is slowing down. Current forecasts put China’s GDP growth in 2023 at less than 5%, far below the high growth rates that China enjoyed until the late 2010s. The Western press is filled with China’s supposed misdeeds: a financial crisis in the real estate market, a general overhang of debt, and other ills.…
The annual report of the European Parliament (EP) which, among other things, states that if the Turkish government does not drastically change its course, the process of Turkey’s accession to the EU cannot continue under the present conditions, has drawn an irate response from Ankara.
The Cypriot president said Thursday that joint military maneuvers with three other European Union member states under way in the Eastern Mediterranean underscore the bloc’s readiness to ensure security and stability in the region.
The Biden administration on Thursday imposed sanctions on five Turkish companies and a Turkish national, accusing them of helping Russia evade sanctions and supporting Moscow in its war against Ukraine.