Standard & Poor’s upgraded Greece’s credit rating one notch on Friday, taking it one step away from investment grade after more than a decade, with Prime Minister Kyriakos Mitsotakis saying it confirms market confidence in the economy.
The Ministry of Defense has apparently decided to spend €500 million to upgrade its four Hydra-Class MEKO frigates.
Cyprus’ gross domestic product at current prices for the year 2021 has been updated due to revised public finance and balance of payments data and is estimated at 23.437 billion euros, the Cyprus Statistical Service (CyStat) announced on Thursday.
The tent city of Kaisariani is seen in an archive photo from 1923, before it grew into a suburb of modest refugee housing, parts of which are still in evidence today.
Capital Link is organizing its 12th Annual Greek Shipping Forum on Thursday, May 5.
The Cyprus Council of Ministers approved a 1.5-million-euro subsidy scheme this week for purchases of solar power batteries, charging stations electric vehicles and plug-in hybrid cars and the installation of photovoltaic systems at homes.
The Public Debt Management Agency announced on Thursday that on Wednesday, April 27, Greece will auction 26-week treasury bills, in book entry form, with a maturity date of October 31, 2022.
Registered unemployment fell 1.54% in March to 1,092,509 from 1,109,641 in February 2022, and dropped 3.42% compared with March 2021 (1,131,228), the Manpower Employment Organization (OAED) said on Wednesday.
US President Joe Biden has announced his intent to nominate Geoffrey Pyatt, the outgoing Ambassador to Greece, as Assistant Secretary of State for Energy Resources.
Olympiakos suffered a bad upset at home in the second game of its play-off series with Monaco, losing 96-72 at the Peace and Friendship Stadium on Friday.