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The familiarity of young people with these payment methods, perhaps in contrast to older consumers, the fact it is now mandatory for all merchants and services to provide digital payment methods, and often the fear of carrying cash, explain the massive shift to digital payments. Eight out of 10 young consumers choose digital payments when …
ATHENS – Thanos Plevris, a right-wing MP from Greece’s ruling New Democracy party, has defended Navy cadets who chanted nationalist slogans, including “Cyprus is Greek,” during Tuesday’s Independence Day parade. The incident, involving trainees from the Navy’s non-commissioned officers’ school, drew criticism from Turkey and prompted a Greek investigation. Speaking on Skai TV, Plevris downplayed …
[Shutterstock] US energy giant Chevron has confirmed its interest in three Greek offshore hydrocarbon exploration blocks, responding to media inquiries following recent announcements by the Ministry of Energy. “Chevron confirms that it has submitted a non-binding expression of interest to the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) for three offshore blocks. We look …
Greek Prime Minister Kyriakos Mitsotakis revealed plans to raise the country’s minimum wage to €880 starting April 1, 2025, during his address to the Cabinet on Tuesday. The announcement marks the fifth increase in the minimum wage since 2019, reflecting the government’s ongoing efforts to bolster workers’ incomes and stimulate economic growth. The new minimum …
Greece is ramping up diplomatic efforts to restart work on an undersea energy cable linking Greece, Cyprus and Israel, aiming to secure official support from Washington in a move seen as a strong signal to Turkey. Prime Minister Kyriakos Mitsotakis is set to visit Israel on Monday, a trip viewed as pivotal in efforts to …
SANTIAGO, Chile – Greece has secured a major legal victory in its ongoing effort to protect the authenticity of feta cheese abroad. A Chilean court last week rejected an appeal from a U.S. multinational, affirming that the name “feta” belongs exclusively to Greece. The decision by Chile’s second-degree court on industrial property came after the …
[AP] Greece is identifying the top 15 future jobs for Gen Z as part of a government-led initiative to align education with market demands. A Labor Ministry study highlights four key areas expected to dominate job creation: tourism and hospitality, information and communication technology, renewable energy, and agri-food tech. The initiative aims to provide high …
Australia has announced plans to accelerate AU$1 billion of its defense spending, aiming to strengthen its defense capabilities amid increasing Chinese military assertiveness in the Indo-Pacific region and growing pressure from the United States to increase defense expenditures. Revealed as part of the Australian federal budget, the decision advances a portion of the AU$ 10.6 …
[Prime minister’s office] Prime Minister Kyriakos Mitsotakis announced an increase in the minimum wage to €880 gross (€740 net), up from €830 gross, effective April 1. The announcement was made during the cabinet meeting on Wednesday. In his statement, the prime minister said that this increase is another step toward the goal of reaching €950 …
With a strategic investment in Jim Corbett National Park, one of South Asia’s most popular destinations for nature lovers, IHG Hotels & Resorts announced the opening of the first Crowne Plaza Resort in the region, thereby strengthening its presence in the luxury hospitality sector. The new resort in India, set to open in early 2027, …