Banks remain challenged by low structural profitability
Our views on the Greek banking sector remain positive and we should expect rating upgrades from low levels in the near term.
Four on trial over poster at Swiss rally saying ‘Kill Erdogan’
Four people went on trial in the Swiss capital Tuesday over a protest against Turkey’s government four years ago where some demonstrators hoisted a banner showing a gun pointed at an image of Turkish President Recep Tayyip Erdogan next to the words, “Kill Erdogan.”
Fire breaks out at Xanthi tobacco warehouse
Firemen were on Tuesday trying to put out a fire that broke out at a tobacco warehouse in the center of Xanthi, in northern Greece.
Bolstering the civil service
The government is preparing a three-pronged intervention in favor of civil servants: a bonus for those working in selected agencies, the abolition of the solidarity levy for them too, as of next year, and a new framework for attracting specialized officials from the private sector.
Eurozone consumers in for a shock as power bills soar
When Christian Hurtz opened his electricity bill just before New Year, his jaw dropped: it had more than trebled from the rate he signed up for.
Water seen as culprit behind eerie Thessaloniki noise
Geologists have ruled out natural causes in the mystery of a loud noise that has been startling residents of a Thessaloniki neighborhood in the early hours of every day for the past month.
Human rights groups slam planned biometrics policing program
A new police program to scan people’s faces and fingerprints violates international human rights standards on privacy and is likely to accentuate existing discrimination, Human Rights Watch and Homo Digitalis warned on Tuesday.
Greece mourns one of its greatest painters
One of Greece’s most famous artists, painter Alekos Fassianos died at the age of 86 on Sunday in Athens after a long illness.
Turkish UAV overflights continue
Yet another overflight in the Aegean by a Turkish unmanned aerial vehicle was recorded on Monday as Ankara continued its reminders via military means that it questions the sovereignty of several Greek islands, which it believes were never ceded to Greece.
Ex-PM Karamanlis tests positive for Covid-19
Former conservative prime minister Kostas Karamanlis has tested positive for Covid-19, his political office said in a statement Tuesday.