Inflation is spiraling out of control
The last time inflation was in the double digits was back in February 1995, but that 27-year record is likely to be broken this week.
ATHEX: Local stocks continue to head south
The slide continued at the Greek bourse on Monday, with the banks index in particular posting its ninth consecutive session of losses.
Presidential Mansion lit up in Ukraine flag colors on Europe Day
The Presidential Mansion in Athens was lit up in the colors of the Ukrainian flag on Monday to mark Europe Day.
FM attends ‘3+1’ virtual conference
Foreign Minister Nikos Dendias participated in a teleconference on Monday with his counterparts from Cyprus, Ioannis Kasoulides, and Israel, Yair Lapid with US Secretary of State Antony Blinken also attending as part of the ‘3+1’ framework.
STASY takes court action against work stoppage
The Athens Urban Rail Transport Company (STASY) has petitioned an Athens court to declare a work stoppage scheduled for Tuesday illegal and abusive.
Training for 500 Fire Service specialists set to start
The training of 500 Hellenic Fire Service specialists is set to begin following their swearing in ceremony on Monday. The specialists will serve for seven years, with 440 designated as specialist firefighting personnel and 60 as scientific firefighting personnel specializing in forestry. They will be spread out to six different regions across Greece.
Greece, UAE agree joint investments in energy, other sectors
Greece and the United Arab Emirates (UAE) agreed to jointly fund investments worth 4 billion euros ($4.2 billion) in the Mediterranean country and explore further cooperation in the energy sector, the Greek prime minister’s office said on Monday.
‘Great resignation’ gripping Greece
The so-called “great resignation” in the US, as a wave of job departures since the outbreak of the pandemic has been dubbed, has got a Greek version too.
Startups brief lawmakers in Parliament
Leaders of successful Greek startups have been briefing a parliamentary committee on ways to increase funding for similar enterprises in order to boost the economy.
Turkish lira hits weakest level since mid-December
The Turkish lira slipped 0.8% on Monday and broke beyond 15 to the dollar for the first time since December last year, when a currency crisis sent it to record lows after a series of unorthodox interest rate cuts.