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Greek shipbuilding is in a phase of ambitious expansion thanks to significant investments, but requires a regulatory framework from Athens and Brussels that will shield it from unfair competition from Asian shipyards, local shipbuilding company chiefs told a conference last week. Panos Xenokostas, chairman and CEO of Onex Shipyards & Technologies Group that has invested …
Following the new upgrades from the rating agencies and the achievement of fiscal stability, Greece will tap the markets in 2025, seeking to raise 11 billion euros. Greece’s presence in the bond markets next year is expected to be more intense compared to this year, due to the increased financing needs of the state budget. …
File photo. The Independent Power Transmission Operator (ADMIE) signed an agreement for the sale of a 20% stake in its subsidiary Ariadne Interconnection to State Grid International Development (SGID) of China on Thursday. Ariadne Interconnection is the implementation agent for the linking of the Crete and Attica power grids. Signing the agreement were ADMIE President …
An exhibition showcasing ancient Greek history and culture opened in Beijing on Thursday, offering a rare glimpse of artifacts on loan from Greek museums. Titled “The Greeks: Agamemnon to Alexander the Great,” the exhibition will run at the Capital Museum of China until May 18, 2025, before moving to Shanghai. The display features 270 pieces …
In the outbound dock of an Amazon warehouse near Nashville, Tennessee, a robotic arm named Cardinal on a recent day stacked packages, Tetris-style, into 6 1/2-foot-high carts. Then Proteus, an autonomous platform, moved the carts to the loading bay, flashing electronic eyes designed to make the robot more appealing to human colleagues. As robots become …
It is a tactical and long-term strategic error for a former prime minister to create a new, inevitably small party simply because he wants to express the clarity of his views, and this not only concerns Antonis Samaras, who was recently expelled from the ruling conservatives for questioning the government’s policies. The same was true …
[Reuters] In a provocative address to the Turkish Parliament’s budget committee, Turkish Foreign Minister Hakan Fidan again raised the issue of Greece’s Muslim minority, referring to the “Turkish minority in Western Thrace” and demanding Greece refrain from any provocations. Fidan emphasized that during high-level meetings with Greek officials, efforts were focused on enhancing positive relations, …
Tourism in Cyprus continues to shine in 2024, with arrivals nearing 3.73 million between January and October, marking a 4.6% annual increase. This figure also slightly surpasses the same period in 2019, a record-breaking year for Cypriot tourism, showing a 0.81% rise, as Cyprus solidifies its position as a dynamic hub for global travel. October …
[Andoni Lubaki/AP] Greece is witnessing a surge in migrant arrivals via new sea routes, straining resources. Migrants land daily on Gavdos (off Crete) and Rhodes. In response, the Migration Ministry is planning short-term accommodation facilities on Crete and Rhodes. Overcrowded official reception centers on Lesvos, Samos, Chios, Leros, and Kos are operating beyond capacity, with …
The police arrested a 49-year-old man on Thursday in connection with the Pangrati arms cache. The suspect had been allegedly paying rent to the owners of the warehouse. He was brought earlier on Thursday to the offices of the police counter-terrorism unit to be questioned. According to information from Kathimerini, the suspect is a philologist …