Three migrants rescued after being held hostage in Thessaloniki
Greek police say they have rescued three Afghan migrants who had been held hostage in northern Greece, allegedly by four men who were extorting their families for money.
Turkish inflation hits almost 80%, peak might be near
Turkish inflation rose to a fresh 24-year high of 79.6% in July, data showed on Wednesday as the lira’s continued weakness and global energy and commodity costs pushed prices higher, though the price rises came out below forecasts.
Inflation puts pressure on indebted Turkish businesses
Turkish inflation, officially at an annual rate of 80%, is putting pressure on banks and other businesses, which have issued about 16 billion dollars in corporate bonds.
Banks help keep market moving up
The Athens Stock Exchange posted gains for the sixth straight session Tuesday, overcoming the prevailing climate of caution in European markets, mainly through the outperforming banks.
Dendias to sign TAC pact in Cambodia
Foreign Minister Nikos Dendias will sign Greece’s accession to the Treaty of Amity and Cooperation in Southeast Asia (TAC) on Wednesday, following the unanimous agreement of the ASEAN member-states.
Work on Syntagma Square makeover enters final stretch
Work on the long-anticipated renovation of the lower part of Syntagma Square in central Athens has entered the final stretch after being reportedly delayed by the discovery of antiquities, newly-released photographs show.
PM: Country facing ‘strong winds’
Prime Minister Kyriakos Mitsotakis insisted on Tuesday that the government will “continue to exhaust the fiscal margins of the state budget in order to support citizens to cope with this ‘invasion’ of imported inflation and the impact it is having.”
Dendias meets China counterpart on sidelines of ASEAN gathering
Greek Foreign Minister Nikos Dendias has met with his Chinese counterpart Wang Yi on the sidelines of the 55th Association of Southeast Asian Nations (ASEAN) foreign ministers’ gathering in Phnom Penh.
Air traffic exceeding 2019 levels
Arrivals at Greece’s top 15 airports have exceeded 2019 levels and are expected to get even better during the rest of the summer, Tourism Minister Vassilis Kikilias said Tuesday.
Alpha Bank NPLs fall to 8.2% of total
Alpha Bank’s nonperforming loans dropped to a 10-year low at the end of the first half, to 8.2% of the total, CEO Vassilis Psaltis told analysts Tuesday.