President Tayyip Erdogan said Turkey will reduce inflation and exchange rate volatility through low interest rates, broadcaster NTV said, after the lira plunged to record lows over the central bank’s aggressive easing policy demanded by the president.
Turkey’s president ended a trip to Qatar on Tuesday with no major deals announced or any indication that ally Doha would boost direct financial assistance as Turkey grapples with an historic currency crash and soaring inflation.
Greece ranks among the top 10 European destinations for potential travelers from this country’s most important markets, according to a survey conducted for the Institute of the Greek Tourism Confederation (INSETE).
Eurozone bond yields steadied on Wednesday as investors took stock of the latest information on the Omicron coronavirus variant and waited for data and central bank meetings.
News of Christian Lindner’s appointment as the new finance minister in Germany originally worried Athens, given his past statements in favor of tight fiscal policy.
While feta will most certainly stay the star among the Greek cheeses, the product currently getting its fifteen minutes thanks to CNN Travel’s list of their favorite European cheeses is metsovone.
Stefanos Tsitsipas is one of the headline acts in tennis but, for some, simply saying his name is a challenge and he landed on a list of the most mispronounced words of 2021 on Tuesday.
A moderately strong earthquake with preliminary magnitude 4.3 struck Preveza in the northwest coast of Greece on Wednesday, authorities said. There were no reports of damage or injury.
The Omicron variant of coronavirus can partially evade protection from two doses of vaccine made by Pfizer Inc and partner BioNTech, Alex Sigal, the research head of a South African laboratory, said on Tuesday.
The US House of Representatives has passed an updated version of the 768 billion dollar defense spending bill for 2022, sending it to the Senate for consideration.