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The nominal value of loans to the domestic private sector serviced by domestic credit servicing firms that have been transferred to non-resident specialized financial institutions increased by 3.97 billion euros, the Bank of Greece said on Tuesday: They reached a total value of €74.75 billion at the end of the fourth quarter of 2024. The …
[Shutterstock] Greece’s Independent Power Transmission Operator (ADMIE) and the Transmission System Operator of Italy (Terna) are jointly submitting a request for the inclusion of the new electricity interconnection between Greece and Italy (GR.ITA II) in the second List of Projects of Mutual and Common Interest (PCI/PMI) of the European Union, in the context of the …
Fitch Ratings has upgraded Bank of Cyprus to investment grade, making it the third global rating agency to do so. With Moody’s, S&P, and now Fitch all giving their stamp of approval, Bank of Cyprus has officially regained its place among top-rated financial institutions. “This is a significant milestone for both Bank of Cyprus and …
Moody’s upgraded the credit ratings of Alpha Bank and Piraeus Bank on Tuesday, following the upgrade of the Greek government’s credit rating to investment grade Baa3 from Ba1 last Friday. Moody’s upgraded the long- and short-term deposit ratings of both Alpha and Piraeus to Baa2/P-2 from Baa3/P-3. Source link
For many people, aging feels like it happens in stops and starts. After a period of smooth sailing, one day, seemingly out of the blue, you have achy knees. Source link
[Shutterstock] Hospital workers will stage a 24-hour strike in provincial areas and a work stoppage in Attica from 8 a.m. to 3 p.m. on Wednesday, demanding better wages and staffing. The POEDIN union warns that the public healthcare system is overwhelmed due to severe personnel shortages. Emergency rooms are overcrowded, with over 1,000 patients daily …
Russian President Vladimir Putin has agreed to suspend attacks on Ukraine’s energy infrastructure during negotiations for a lasting ceasefire, a move confirmed by both the White House and the Kremlin on Tuesday. However, Russia has stipulated that a comprehensive ceasefire will only follow if Ukraine’s allies, including the United States, halt all arms shipments and …
[Shutterstock] A police raid on properties belonging to the prominent Papadimitriou shipping family in Schoinoussa and Attica uncovered five antiquities and nine religious icons suspected of falling under Greek heritage protection laws. The searches, carried out Monday, coincided with the retrial of a 2006 case involving dozens of ancient artifacts found at the family’s villa. …
Cultural institutions and organizations are not public utility companies. The National Gallery, the National Theater, the National Opera must operate transparently, but their work cannot be subject to hierarchical control. Such political control would be tantamount to an annulment of their role. There is no official state art in democracies. Source link
Pavlos De Grece. [File photo] The Decentralized Administration of the Peloponnese, which supervises regional and municipal governance in the region, has initiated procedures to investigate an incident where a local mayor publicly addressed a son of Greece’s last king as “prince.” On Monday, at an event marking the liberation of Mani from the Ottomans, the …