Category Archives: Latest Greek news

Cartoon (21/11/2022)

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13.4 billion euros in EU funding approved for Greece’s agricultural sector

Greece’s Common Agricultural Policy (CAP 2023-27) strategic plan, worth 13.4 billion euros, was approved by the European Commission on Monday.

Contingency cash set aside in the budget

The budget the government is submitting to Parliament on Monday will be harmonized with the fall forecasts of the European Commission, which bring down growth and raise inflation estimates for 2023.

Kavala traffic accident leaves one man dead

A traffic accident in central Kavala, north Greece, left one senior man dead on Monday afternoon. According to reports from the scene, an out-of-control car left a trail of destruction, including knocking over a tree and three road pillars, before hitting the man.

FM: Greece wants to enhance its relations with the countries of Latin America and the Caribbean

Foreign Minister Nikos Dendias on Monday underlined Greece’s strong will for the further enhancement of the friendly relations with the countries of Latin America and the Caribbean, addressing the event “Latin America and Caribbean Day” on Monday.

Egypt’s Sisi, Turkey’s Erdogan seal improvement in bilateral ties with handshake

Egypt’s President Abdel Fattah al-Sisi and his Turkish counterpart Tayyip Erdogan shook hands in Qatar and described it as a new start in bilateral relations, the Egyptian presidency said in a statement on Monday, after years of tension.

State aid and the shadow economy

The dominant feature of the conservative government’s economic policy over the past three years has been subsidizing households and businesses experiencing financial hardship. The Covid-19 pandemic and the unprecedented challenges that it has presented, the energy crisis and the rising prices of food and other commodities prompted extended state intervention in Greece and other countries.…

Greek economic growth seen lower in 2023 amid energy woes

Greece’s economy is projected to grow by 1.8% next year, according to the country’s 2023 budget, slightly lower than the figures predicted last month as higher energy costs and inflation take a toll.

Turkey: A useful but unreliable ally

Russia’s invasion of Ukraine accelerated pre-existing trends in the international system and in Greek and Turkish foreign policy. Greece implicitly followed the line of the West, while Turkey pursued the usual tactic of playing both sides.

Great expectations of Black Friday

Retailers harbor great expectations of this Black Friday, on November 25, after two years when shopping on this big discounts day was only done online (in 2020) or with many restrictions in brick-and-mortar stores (last year) with the mandatory presentation of vaccination certificates and a rapid test.