Numbers crunch key in upcoming presidential election

Numbers crunch key in upcoming presidential election

Greece’s presidential election process begins Saturday, January 25, with Parliament Speaker Konstantinos Tasoulas expected to secure the post by the fourth round on February 12, requiring a simple majority of 151 votes. With New Democracy’s 156 MPs and additional support from the Spartiates and other independents, Tasoulas could gain at least 167 votes.  Meanwhile, opposition …

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Preserving A Key Historical Monument

Preserving A Key Historical Monument

The Ministry of Culture, through the Ephorate of Antiquities of Trikala, is undertaking the restoration and preservation of the structural elements of the western arm and northwestern tower of the acropolis at Ancient Pelinna. Minister of Culture Lina Mendoni stated: “Ancient Pelinna, located approximately 16 km east of Trikala, was one of the most prominent …

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EU chooses Greece as base of satellite telecommunications hub

EU chooses Greece as base of satellite telecommunications hub

Greece has been chosen as the base of one of two hubs of the European Union’s secure satellite telecommunications program GOVSATCOM.  The European Commission selected Greece to assume a central role in the implementation of one of the most critical security infrastructures of the EU, which will operate in Greece until at least 2051.  Source …

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Fraport Greece Airports Welcomed Over 36 Million Passengers In 2024

Fraport Greece Airports Welcomed Over 36 Million Passengers In 2024

In a remarkable feat, the 14 regional airports managed by Fraport Greece welcomed over 36 million passengers in 2024, marking a 6.4% increase compared to 2023. This translated to an additional 2.1 million passengers passing through the airports. The surge in passenger traffic was driven by a 4.7% rise in domestic flights (86,026) and a …

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Cypriots’ haircut compensation, 12 years on

Cypriots’ haircut compensation, 12 years on

Cypriots who lost their savings during the 2013 banking crisis will finally begin receiving compensation this May, according to the island’s Finance Minister Makis Keravnos. This follows a recent meeting between the minister, President Nikos Christodoulides, and the Depositors’ Association of former Laiki Bank (SYKALA).  A total of 13,000 applications for compensation have been submitted …

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New perspectives on the Chinese tourism market

New perspectives on the Chinese tourism market

The cooperation of the Federation of Hellenic Associations of Travel & Tourism Agencies (FedHATTA) with the Chinese Consulate in Athens is being upgraded, with the aim of strengthening tourist flows from and to China and improving the conditions and the level of services provided.  A meeting held on Tuesday between the president of FedHATTA, Lysandros …

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ATHEX: Index stays in the black on bank gains

ATHEX: Index stays in the black on bank gains

Bank sector stocks ensured that the benchmark remained in positive territory by the closing on Thursday, despite the majority of stocks heading lower and the day’s turnover declining. The mixed session at Athinon Avenue contrasted with the strong gains in the main eurozone markets, some of which (such as Frankfurt) closed at historic highs. The …

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The fall of Bashar al-Assad

The fall of Bashar al-Assad

Members of the Kurdish-led Syrian Democratic Forces are seen after rebels seized the capital and ousted Syria’s Bashar al-Assad, in Hasakah on December 11, 2024. [Orhan Qereman/Reuters] The fall of Bashar al-Assad from power in Syria may have brought a wind of optimism to citizens of the troubled Arab country and the millions who have …

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