Greece, Saudi Arabian power transmission operators take first step at connecting grids
The agreement was signed by the operators’ managing directors
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Παρασκευή 22 Νοεμβρίου 2024
15 oC Greece
Gaming commission permanently revokes operating license for one casino, orders 2-month suspension for another
Both gaming operators have accumulated huge arrears to the tax bureau and social security funds over the past two decades
Greek PM rules out Cabinet reshuffle, in wake of massive flood damage in Thessaly plain
Greek Prime Minister Kyriakos Mitsotakis on Sunday ruled out any pending Cabinet reshuffle, in fielding numerous questions during a wide-ranging press confidence in the northern city of Thessaloniki, a day after giving a customary state-of-the-economy address on the sidelines of a major trade fair there. As expected, most press questions focused on massive flood damages […]
Moody’s raises Greece’s sovereign credit rating by 2 notches; investment grade next up
Specifically, Greece’s rating was raised to Ba1 from Ba3, with stable outlook
Storm-related deaths in Greece reach 15
At the same time, the number of missing people, according to authorities, is two
Annual inflation rate up 2.7% in Aug. 2023
The consumer price index remained unchanged in August 2023 from July 2023
Greece’s raises 812.5 mln€ in 12-month T-bill issue on Wed.
The country’s Public Debt Management Authority (PDMA) announced that submitted bids totaled 1.553 billion euros, over-subscribing the issue by 2.48 times
Reports: Athens to ask for replacement of several previously approved EU Recovery Fund projects
The Greek side has reportedly requested the exclusion of previously proposed projects, totaling 800 million euros, included in the EU’s Recovery and Resilience Fund
Major wildfire fronts continue in extreme NE Greece
A total of 474 fire-fighters are fighting the blazes on the ground
Greek business mission to Israel in December
Up to 15 Greek companies will participate in the mission
Major wildfires again bedevil Greece, from far northeast corner to greater Athens area; top prosecutor orders arson probe
A total of 209 new fires over the past 72 hours were extinguished in short order or are still being battled
Several major wildfires in Greece over last 2 days amid hot, arid and windy conditions
The worst blaze erupted over the weekend and continued to rage on Monday in the extreme northeast corner of the country, in the wider vicinity of the port city of Alexandroupolis
Massive traffic jam on Athens-Corinth highway due to burned tanker carrying natgas
The incident occurred at around noon, with the old Athens-Corinth highway, below the tollway, only opened to traffic at around 8 p.m. local time
Climate Change: Greece’s performance – Doing well, could do better
Stronger action is needed to reduce its dependence on fossil fuels and achieve its goal of net zero emissions by 2050
Urgent prosecutors’ probe into deadly clash instigated by Croatian hooligans; 7 top police lose command
The relevant public order minister, Yiannis Economou, made the announcement amid a firestorm of media scrutiny
Inflation rate in Greece at 2.5% in July; hike after 10 months of decrease, foods prices still surging
The figure was higher from June 2023, a month earlier, when the inflation rate reached 1.8 percent
Scope follows R&I in restoring Greece to investment grade level, issues BBB- rating on Fri.
High government debt, policy risks longer run and banking-system fragilities are challenges
Acropolis pilot program, beginning in Sept. sets maximum cap on daily visitors, divided into hourly basis
All archaeological sites in Greece where an electronic ticket platform is available will feature visitation breakdown hours as of April 1, 2024
Real estate: Large Turkish investments in the Aegean islands
Direct and indirect investments and business activities from the Turkey are estimated at half a billion euros
Sources cite PPC interest in Currys-owned retailer in Greece; utility replies with ‘no comment’
Greece’s dominant power producer and provider, the Public Power Corp. (PPC), is, according to sources, interested in purchasing the Kotsovolos white and electronic goods retailer
Households’ available income up 11.3% in Q1 2023
Available income of Greek households and non-profit institutions grew by 3.56 billion euros, or 11.3 percent, in the first quarter of 2023, compared with the corresponding period of 2022
Ground-breaking law to finally allow Greek citizens living abroad right to vote in Greece’s nat’l elections
A landmark bill lifting most restrictions on Greek citizens’ right to vote from abroad was approved by an enhanced majority of deputies in Parliament on Tuesday, with 208 MPs out of 300 approving the legislation
Pilots of downed fire-fighting plane die in crash
The bodies of the two air force pilots of a downed fire-fighting plane were recovered hours after the aircraft crashed near the settlement of Platanistos, in the southeast tip of the large island of Evia
Four major wildfire fronts in Greece on Sun. evening; Rhodes blaze burns for sixth day
An evacuation was ordered for four villages in northern Corfu and four sparsely populated settlements in southeast Evia
Hotels threatened, tourists evacuated to nearby beach due to major wildfire on Rhodes
A major wildfire on the popular Greek holiday island of Rhodes was burning out of control on Saturday, with flames nearing three hotels in the Kiotari area, according to reports
Emergency forces continue to battle spate of resurgent wildfires in southern Greece
A total of 62 wildfires were recorded in the east Mediterranean country over the past 24 hours
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