Category Archives: Latest Greek news

With no venue for cup final, Greek soccer back in turmoil

Rival club owners have been accused of a “concerted and organized effort” to disrupt Greek soccer.

Lion’s share of Household Basket product prices drop or unchanged

Prices for 93.83% of the products included in the “Household Basket” have decreased or remained the same in the 27th week of the measure’s implementation (May 3-9).

Focus on short-term rentals

Pressure is mounting on short-term rental hosts, as the tax administration and the big three platforms near the conclusion of a new protocol cooperation that will lead to identifying those who avoid declaring the incomes they receive.

Mytilineos calls for EU energy price ceiling

European Union authorities should place a ceiling on energy prices for energy-consuming industries each time prices skyrocket and cover the cost from EU funds or member-states, Εvangelos Mytilineos, president of Eurometaux and CEO/chairman of Mytilineos Energy & Metals, said in an interview with Politico.

Airbnbs mushroom in Sitia, Crete

The Municipality of Sitia, in the easternmost part of Crete, has seen its Airbnb listings grow recently.

Cyprus banks set to reward borrowers

Since July 2022, lending rates in Cyprus have risen by 3.5%, putting borrowers in a tough position with dangerously increasing loan repayments. Banks are now searching for ways to alleviate the situation, and they may have found a way to offer some “breathing space” to borrowers with mortgages.

Rome, sacred ground for nearly 3,000 years, and counting

According to legend, Rome was born April 21, 753 BC, when Romulus, the survivor of its feuding twin founders, hitched his plow and furrowed a circular perimeter in the hills above the Tiber River.

39 migrants abandoned on Evros islet are rescued

Greek authorities on Wednesday rescued a group of 39 migrants who had been abandoned by smugglers on an islet in the river that runs along the country’s land border with Turkey

PAOK holds the Greens, Olympiakos denies AEK

Panathinaikos dropped two precious points at home against PAOK on Wednesday, but will not pay for it as AEK also stumbled at home against Olympiakos, leaving the situation unchanged.

Lower demand for new loans

Banks are expecting a decrease in demand for business loans, especially from small and medium-sized enterprises, in the second quarter of the year, as a result of the rise in interest rates and the increase in the cost of money, which discourages borrowing.