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[File photo/InTime News] The town of Florina got a first taste of a wintry weather front sweeping into Greece on Tuesday morning, as temperatures in the northwest dropped to -2 degrees Celsius and heavy snowfall caused schools to open an hour later. According to forecasts, the cold front will spread south and east over the …
Turkish President Tayyip Erdogan is working to secure a meeting with US President Donald Trump at the White House, potentially by late April, Bloomberg News said on Tuesday, citing Turkish officials familiar with the matter. Erdogan sees closer US-Turkey ties as crucial for regional stability, particularly as Ankara seeks a bigger role in mediating conflicts …
Greece’s newly appointed finance minister, Kyriakos Pierrakakis, headed into work on Monday having to deal with a list of tasks, foremost among which is balancing the budget between the need to satisfy wants and demands – fair or unfair – and not to jeopardize fiscal stability, which markets have already factored into the lower borrowing …
File photo. The Bank of Greece has downwardly revised the growth rate of the Greek economy to 2.3% from 2.5% in 2025. As BoG head Yannis Stournaras told a conference organized by Greek think tank Kyklos Ideon, this revision was necessary following the downward revision of the European Central Bank’s forecasts for the growth of …
[InTime News] Athens-listed PPC Group is marking its dynamic expansion in the Bulgarian renewable energy sources market with the start of the construction of a new photovoltaic plant with batteries, with a total installed capacity of 165 megawatts. PPC is strengthening its green portfolio with the construction of the “Colosseum” in the Stara Zagora region …
Greece is set to implement a credit scoring system for businesses and individuals, akin to those used by international rating agencies, to assess financial reliability for various transactions, including property rentals and business dealings. The Independent Credit Rating Authority, now entering the staffing phase, will collect financial data from multiple sources beyond traditional banking institutions. …
Cyprus is bracing for a tough summer as dam levels continue to drop, marking the third consecutive year of drought. The situation has become even more critical after a fire destroyed the Paphos desalination plant. According to Yianna Economidou, a senior engineer at the Water Development Department (WDD), dam reserves are now at just 25% …
Daniel Bunn visited Athens for the first Economic Freedom Forum organized by the Center for Liberal Studies (KEFiM). Combatting tax evasion in Greece should be combined with responsible public spending in order to be acceptable and therefore effective, the head of the Tax Foundation told Kathimerini’s Sunday edition in an interview. As for the over-performance …
The Central Bank of Cyprus has upwardly revised its forecast for Cyprus’ GDP growth rate for 2025 by 0.1% to 3.2% compared to its December 2024 projections. At the same time, it has maintained its forecast for GDP growth in the period 2026-2027 at 3.1% annually. Source link
Areopoli, Greece – Today, as every year, the town of Areopoli commemorates the historic moment when our ancestors raised the banner of freedom and declared the start of the Greek Revolution on March 17, 1821. With deep emotion and pride, I attended the memorial events honoring the Maniot fighters who ignited the struggle for independence …