The Greek property paradox
The share of cash in real estate purchases is increasing, as the relevant data show.
The share of cash in real estate purchases is increasing, as the relevant data show.
A wildfire that was raging unchecked in central Greece triggered massive explosions at an Air Force ammunition depot, forcing the evacuation of several F-16 fighter jets from the air base where the depot is located.
Athens-listed Mytilineos on Thursday announced a 17% increase in its first half turnover to 2.516 billion euros, from €2.154 billion in the same period last year.
Greece’s national team face will face Hungary on Saturday in the final of the men’s water polo tournament at the World Aquatics Championships in Fukuoka, Japan, after beating Serbia 13-7 in the semifinal on Thursday.
A cloud of smoke rising above the blackened hillside surrounding the village of Vati marks the spot of the most recent flare-up on Rhodes of a wildfire that has been rampaging across the southeastern Aegean island for more than a week.
The scorching heatwaves that are hitting the country threaten not only the present but, most importantly, the future of Greek tourism and, by extension, the Greek economy.
Brexit hardly affected Greek exports to Britain, since in 2022 they were significantly increased compared to 2021.
Greece on Wednesday successfully auctioned a three-month treasury bill issue which was 2.14 times oversubscribed.
Deposits in the Cypriot banking system rose significantly in June, totaling 52.3 billion euros, while liquidity in the banking system amounted to €27.2 billion.
The passenger ship “Blue Star Galaxy” returned to the port of Piraeus due to a mechanical fault on Thursday evening. The ship, with 506 passengers and 100 crew members on board, was towed back to Piraeus by two tugboats.