![Mitsotakis: It makes no sense for Cyprus, an EU member, to remain divided](https://www.ot.gr/wp-content/uploads/2024/07/Mitsotakis-1-scaled.jpg)
greek Prime Minister Kyriakos Mitsotakis, in his weekly post on Facebook, on Sunday referred to the Cyprus issue, a day after he addressed a remembrance event in the island republic capital of Nicosia on the occasion of the dour anniversary of the Turkish invasion of Cyprus.
“”Good morning to all. In these days and hours, Hellenism everywhere in the world remembers the wound of Cyprus, which has remained open and painful for half a century. As I also told (Turkish) President (Recep Tayyip) Erdogan during our recent meeting in Washington, it makes no sense for Cyprus, an EU member-state, 50 years after the tragedy of 1974, to remain divided. It’s our wish and hope that the two communities will take advantage of the new opportunity presented and sit at the (negotiation) table to find a solution within the framework of the UN resolutions, and under the inviolable condition that any agreement will recognize one sovereignty, citizenship, and an international character. In this effort, our Cypriot brethren have the support of Greece,” Mitsotakis wrote.
Turning to a burning – amid an ongoing heatwave – domestic issue, he cited the government latest announcement to subsidize power rates for at least the next two months.
“We have decided to impose over the next two months an extraordinary levy on electricity producers using natural gas – the figure will be determined at the end of July – and to use these revenues to subsidize those (consumers) who are contracted with the ‘green’ and ‘yellow’ rate programs, without exception to a first or second residence, in the first phase beginning with the month of August. I remind you that we have already allocated more than 10 billion euros during the steep increase in electricity prices, and that the Greek mechanism for taxing windfall profits became a European policy,” the Greek prime minister added.
Source: tovima.com
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Athens Hotels See Strong Growth in Bookings and Prices](https://www.ot.gr/wp-content/uploads/2025/02/Athens-hotels-600x337.jpg)
Athens Hotels See Strong Growth in Bookings and Prices
Hoteliers point out that this success is being achieved despite the competition from short-term rental services like Airbnb.
![Greece Launches Microfinance Fund to Support Small Businesses](https://www.ot.gr/wp-content/uploads/2025/02/stournaras-mikropistwseis-600x400.jpg)
Greece Launches Microfinance Fund to Support Small Businesses
The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.
![Study: Greece’s Economic Growth Threatened by Labor Shortages](https://www.ot.gr/wp-content/uploads/2023/11/45_p14.2_img-1-600x398.jpg)
Study: Greece’s Economic Growth Threatened by Labor Shortages
In its analysis, Capital Economics cites three factors as the reasons why it does not anticipate Greece’s employment significantly increasing in the coming years.
![Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement](https://www.ot.gr/wp-content/uploads/2025/02/Goldman-Sachs-600x400.jpg)
Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement
Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).
![Greek Tax Authorities Target Tax Evasion via Lifestyle Audits](https://www.ot.gr/wp-content/uploads/2025/02/shutterstock_2347095029-scaled-1-600x400.jpg)
Greek Tax Authorities Target Tax Evasion via Lifestyle Audits
Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.
![Giannis Antetokounmpo Invests in AI Video Production Platform](https://www.ot.gr/wp-content/uploads/2023/02/giannis-antetokounmpo-600x337.jpg)
Giannis Antetokounmpo Invests in AI Video Production Platform
The platform, founded in 2021 by Victorien Tixier and Xavier Green, automatically tags and organizes content, allowing teams to speed up distribution to broadcasters, sponsors, and even the athletes themselves
![Greece’s Industrial Production Rises 5.8% in December](https://www.ot.gr/wp-content/uploads/2025/02/Industrial-production.jpg)
Greece’s Industrial Production Rises 5.8% in December
For the entire year, the average General Index of Industrial Production increased by 5.2% in comparison to the corresponding period in 2023.
![Study Shows Athens Traffic Congestion Up](https://www.ot.gr/wp-content/uploads/2023/09/traffic-332857_1280-600x400.jpg)
Study Shows Athens Traffic Congestion Up
On average, car drivers and their passengers who venture out onto Greater Athens’ roads will spend roughly half an hour in the vehicle to cover a distance of 10 kilometers
![Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-07T223323Z_1406125441_RC24JBAKMTGM_RTRMADP_5_ELON-MUSK-JP-MORGAN-600x389.jpg)
Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System
Judge blocks Elon Musk’s team from Treasury access over security risks and potential misuse of federal payment data.
![Make Europe Great Again in Madrid](https://www.ot.gr/wp-content/uploads/2025/02/2025-02-08T125319Z_1806997237_RC2CQCA44ZAR_RTRMADP_5_SPAIN-POLITICS-FAR-RIGHT-scaled-1-600x400.jpg)
Make Europe Great Again in Madrid
Far-right leaders rally in Madrid to 'Make Europe Great Again