The measures the government has taken and the inspections it is carrying out will ensure that the drop in global oil rates will lead to a reduction in fuel retail rates, Development and Investments Minister Adonis Georgiadis said on Wednesday.
National Bank of Greece (NBG), the country’s second-largest lender by market value, on Wednesday reported higher net profit in October-to-December compared to the third quarter of 2021, on the back of lower loan impairment provisions.
Car registrations jumped 37.6% in February this year compared with the same month in 2021, totaling 18,521 vehicles (new and used), from 13,464 in February 2021, the Hellenic Statistical Authority said on Wednesday.
The world’s leading classification societies for the marine industry are returning to Posidonia this summer, following the pandemic-induced hiatus, during which they have been mapping out the path to the International Maritime Organization’s 2030 deadline for slashing shipping’s average carbon intensity (CO2 per ton-mile) by at least 40% compared to 2008.
The choice of the Eastern Mediterranean in terms of energy deposits in Cyprus and the EastMed pipeline is a more medium-term choice for the European Union, as it will take time to implement the necessary investments, Cypriot Minister of Energy, Trade and Industry Natasa Pilides said on Wednesday.
There’s hardly any room for sentimentalism in international relations.
Having lobbied US policy toward Greece and Cyprus on the front lines in Washington, DC since Turkey’s 1974 invasion and occupation of Cyprus, we found the first year of Joe Biden’s presidency a dramatic departure from nearly all previous administrations.
Sometimes important news is overlooked. I read in Bloomberg on Tuesday that China and Saudi Arabia are negotiating oil sales in the Chinese yuan, rather than in dollars.
The worst-case scenario has regrettably been confirmed. Russia’s incursion into Ukraine is evolving into a major humanitarian catastrophe – the greatest in European history since the Second World War.
On top of the rise recorded across all European markets, the very positive financial reports of local banks boosted the benchmark, which added more than 45 points in a single day.