The environmental disaster created by the wildfires in Evros in northeastern Greece has by default also dealt a dizzying blow to the region’s agricultural economy. It is estimated that 130,000 olive trees, which amounts to 60% of the total 200,000, hundreds of beehives and thousands of productive animals, mainly sheep and goats but also cows,…
Greek banks have long been on the market’s radar following their turnaround.
The Greek islands, with all their natural and architectural beauty and diversity, are a national treasure.
Foreign Minister Giorgos Gerapetritis and his Turkish counterpart, Hakan Fidan, have agreed to revive high-level contacts between their countries and seek “new approaches” to problems as part of efforts to improve ties between the two NATO allies who are at loggerheads over a string of decades-old disputes.
Prime Minister Kyriakos Mitsotakis on Tuesday urged the public to comply with the instructions issued by the Greek authorities as a severe storm pummelled central Greece, turning streets into flooded torrents.
Corporate profits accounted for 50% of Greece’s GDP price deflator in the first quarter of 2023, a percentage that is the third highest among EU member-countries, according to the Greek market watchdog.
The far-right Spartiates (Spartans) party appears to be on course for dissolution after the fallout triggered by the accusations leveled by its president, Vassilis Stigas, at three of his deputies of being under the influence of “outside centers,” and employing “Greek mafia and Don Corleone” practices. By “outside centers” he meant jailed neo-Nazi Ilias Kasidiaris.…
Residents on the Sporadic island of Skiathos have been urged to limit their movements after storm Daniel turned road into flooded torrents.
Local residents and tourists in the city of Volos and Mount Pelion were posting photos and videos of the destruction caused by the severe thunderstorm sweeping Greece since Monday night.
Only a decline in consumption, which could lead to an economic recession and signal the entry of the Greek economy into a new vicious cycle, can now lead to a reduction in food prices.