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The Bank of Greece reported on Wednesday a significant narrowing of the spread between loan and deposit interest rates in October, following a faster decline in rates on loans than on deposits. The average interest rate on all loans fell by 19 basis points to 5.41%, with the largest decreases observed in business loans, which …
Emergency police rushed to an apartment in Athens’ Ambelokipi district on Thursday evening after a man called to report that he had murdered his wife. Upon arriving, officers found the 39-year-old man in the apartment, who told them that his wife’s body was in the attic. According to sources, police officers detected a putrid smell …
[AP] Cypriot President Nikos Christodoulides and US President-elect Donald Trump reaffirmed their commitment to further strengthen the strategic partnership between Cyprus and the US during a telephone discussion on Thursday. Posting on X, Christodoulides described having an excellent discussion with Trump. “I congratulated him on his election victory and we expressed out shared commitment to …
Almost a year after the introduction in the electricity market of “colored” rates and the dominance of the “green” special tariff – imposed by law to prevent another fiasco such as that with the “adjustment clause” – more and more consumers are now choosing the “blue” fixed tariffs. As suppliers report, 70% of their new …
A 65-year-old retired colonel has testified as a witness in the case of a 55-year-old police officer, who had been admitted to the 424 General Military Hospital in Thessaloniki for an appendectomy but was not informed of a cancer diagnosis until one year later. The witness testified that he had also experienced a similar ordeal …
A 30-year-old man who was involved in a high-speed car chase with the police on Athens’ Kifissos Highway in the early hours of Thursday has died of injuries sustained when his vehicle crashed. The chase started shortly after midnight when the 30-year-old motorist refused to stop for police who were carrying out a patrol in …
[Intime News] The Greek America Foundation, a nonprofit based in New York, is reaching out to runners for next year’s classical Marathon in Athens, as part of an initiative to mobilize the diaspora and raise funds for its cause. Team Greek America brings together runners from all four corners of the globe who train for …
Prime Minister Kyriakos Mitsotakis is heading to Beirut on Friday, for a visit government spokesperson Pavlos Marinakis on Thursday described as “a powerful message in support of stability and peace in the region.” Seeking to convey Athens’ support for a ceasefire reached between Israel and Hezbollah on November 26 in the war-torn region, the Greek …
Vacant homes are evolving into a conundrum nationally, but especially in Attica, where the issue of the deficit of available properties tends to take on epidemic proportions, keeping sale prices and rental rates at high levels. Based on data from the latest ELSTAT census in 2021, there are 255,300 closed homes in Attica alone, while …
The overwhelming response to a recent real estate advertisement in Iraklio, Crete, is indicative of the serious shortage of affordable housing in many parts of the country. State broadcaster ERT on Thursday reported the case of a man in the Cretan city who advertised his 80 square meter apartment for a monthly rental rate of …