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Renewable energy sources account for an increasing share of power generation as reliance on lignite steadily decreases. PPC plans to end use of lignite in 2026. PPC, Greece’s dominant electricity provider, showed strong operating profitability in the first nine months, allowing it to confirm its goals for earnings before interest, taxes, depreciation and amortization (EBITDA) …
INTIME An Intelligence and Counterintelligence Academy is being established as an educational wing of Greece’s National Intelligence Service (EYP), state broadcaster ERT has reported. The academy is planned to offer training to new agents and personnel for key ministries and agencies, according to the report. Depending on their sector and specialty, recruits will undergo tailored …
An emergency alert via 112 has been issued for Thessaly, Evia, Fthiotida, and the Sporades, warning of hazardous weather conditions. “Warning of dangerous weather phenomena in your area from tonight, November 15, to midday tomorrow, November 16. Avoid unnecessary travel and follow authorities’ instructions,” read the message. Storm “Alexander” is bringing heavy rain and thunderstorms, …
On October 29, 1974, the last bus carrying Greek-Cypriot and Greek prisoners of war from the Turkish invasion arrived at the Ledra checkpoint in Nicosia. For the women, children, and siblings who did not reunite with their loved ones that day, a second, more painful phase of the ordeal began. Since then, the term “missing …
Telecoms firm OTE posted slightly higher revenue in the third quarter of 2024, while operating earnings dropped slightly from the same period in 2023. In the first nine months of the year, both revenue and operating profits were up, the company announced Thursday. Third-quarter revenue rose 1.8%, to €897.2 million euros, from the same period …
As President-elect Donald Trump’s national security team takes shape, Jonathan Schanzer and Endy Zemenides join Thanos Davelis to break down what message his nominations send about the foreign policy priorities of his second term, especially when looking at the Eastern Mediterranean. Source link
Energy companies from Persian Gulf states have expressed interest in searching for natural gas off the southern coast of Cyprus, President Nikos Christodoulides said Friday. Speaking at an energy conference in Nicosia, he said Cypriot authorities are in early talks with several unidentified companies regarding exploration licenses for some of Cyprus’ 13 areas, or blocks, …
Although the days of anguish over supermarket prices are not far behind us, they have taken a back seat. It is services that are now driving inflation, according to an Alpha Bank analysis published Thursday. Its biweekly Bulletin on Economic Developments notes that, of the 3.1% annual rise in consumer prices recorded in October, services …
Niko Efstathiou, an Athens based journalist and author, joins Thanos Davelis to discuss Stefanos Kasselakis’ decision to found a new party, and look at what this latest split within SYRIZA means for its political future and for Greece’s fractured left. Source link
Cargo ships are loaded at container terminals at the harbour in Hamburg, Germany, on July 19, 2022. [Cathrin Mueller/Reuters/File Photo] The merchant sailors’ pension fund (NAT) has secured nearly a million euros (€992,000) from the European Union’s Recovery and Resilience Fund to develop a digital database of all current and former employees in the sector …