Offsetting is not good for all
There are cases where offsetting harms economic growth while also creating significant liquidity problems.
Hotel vandalized in Exarchia
A recently renovated hotel in central Athens was vandalized on Thursday night by at least two unknown individuals, who smashed windows and threw leaflets that called on tourists to leave what they declared to be a “class-war zone.”
Cyprus signs deal for Airbus attack helicopters
Cyprus signed a deal with Airbus Helicopters on Friday to purchase six light attack helicopters with an option for another six as it seeks to shed Soviet-era armaments and procure military equipment compatible with other European Union member states.
Bulgarian MPs vote to unblock North Macedonia’s EU bid
Bulgaria’s parliament voted Friday to lift a veto that has long blocked European Union membership negotiations with North Macedonia and Albania, raising fresh hopes that the bloc can now press on with its expansion plans in the Western Balkans amid Russia’s war in Ukraine.
Russian flight ban in Greek airspace extended
A standing notam that bans Russian and Belarusian flights in Greece’s national airspace has been extended to September 22 due to the ongoing war in Ukraine, the Hellenic Civil Aviation Authority (CAA) said on Friday.
PM expresses satisfaction at European Council conclusion on Turkey
The unanimous decision by the European Council to give Ukraine and Moldova the status of EU candidate-countries was an important message said Prime Minister Kyriakos Mitsotakis during a press conference after European leaders met in Brussels on Friday. He reiterated Greece’s support for the European prospects of the Western Balkans and said that Greece was…
Saronida’s 840-mln-euro tourism project green-lighted
Greek authorities on Wednesday approved a new strategic investment project worth 840 million euros.
New Covid cases rise to 11,972
Greek health authorities announced 11,972 new cases of Covid-19 during their daily briefing on the course of the pandemic on Friday, up from 10,474 on Thursday. The National Organization for Public Health (EODY) also announced 13 virus-related deaths and 86 intubated patients being treated in Intensive Care Units.
Director to testify in court Monday as witness testimonies conclude
Actor and former National Theater director Dimitris Lignadis, who is on trial on charges of raping four males will start testifying before a mixed jury court on Monday (June 27), after the last three witnesses in the trial completed their testimonies on Friday.
EU leaders tackle inflation, energy shocks from Russia’s war
A day after endorsing Ukraine’s candidacy to join the European Union, the bloc’s leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and the threat of recession rises.