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PQH, the single special liquidator appointed by the Bank of Greece to dispose of the loans left behind by banks that shut down during the financial crisis, has signed agreements to transfer three loan portfolios with a total actuarial value of €4.8 billion, representing outstanding loans of €14.7 billion. [SHUTTERSTOCK] Three of the “big four” …
An impressive geological phenomenon evokes awe and admiration in the heart of the Lakmos mountain range, where Epirus meets Thessaly. Verlinga, one of the legendary dragon lakes of Pindos, is a unique natural monument that combines scientific importance with mythological tradition. At an altitude of 2,050 metres, between the imposing peaks of Tsoukarela (2,295 m) …
Lamda Development has received income of a total of 140 million euros from the sales of properties in its portfolio in order to finance the investment in the area of the former Athens airport at Elliniko, the listed company announced on Wednesday. The most recent move concerns the sale, for €36 million, of land totaling …
Netflix has implemented a price increase for all subscribers in Greece without any prior announcement. The updated pricing includes increases ranging from 1 euro to 2 euros, with the new rates as follows: Basic Plan: From €7.99 to €8.99 Standard Plan: From €10.99 to €12.49 Premium Plan: From €13.99 to €15.99 Netflix has started to …
There was a time when the conversation in Greece during US elections was chiefly about which of the candidates was a better philhellene. We were very little troubled with how Kamala Harris and Donald Trump feel about Greece this time around. Perhaps we have finally learned – from one change of power to the next, …
Turkey has announced events to mark the “41st anniversary of the establishment of the Turkish Republic of Northern Cyprus (TRNC).” Zeki Öztürk, spokesperson for the Turkish Ministry of Defense said on Thursday that the celebrations will include aerobatic demonstrations by the Turkish Air Force during a parade in Nicosia. Additional events will feature demonstration flights over …
[Haris Akriviadis/Athens Concert Hall/AMNA] After four years of persistent efforts, two legislative interventions, and several strategic decisions, the beloved Camerata orchestra has finally returned as a permanent fixture of the Athens Concert Hall. The orchestra, under the leadership of renowned conductor George Petrou, is set to perform monthly concerts, marking a triumphant resurgence after years …
An accountant accused of embezzling 450,000 euros from a construction company that participates in the consortium building Thessaloniki’s metro was jailed on Thursday. The judges found her guilty without recognizing any mitigative circumstances. In her testimony, the accountant appeared remorseful, expressing her regret for betraying the trust of her employers. Through her attorney, she said …
The Ministry of Citizen Protection is embarking on one of the largest security and modernization programs in recent history, with a budget close to €650 million. The ambitious plan, financed largely through national funds, marks a significant leap forward from previous efforts. Notably, Greece’s earlier police modernization program, launched in 2020, had a mere €31 …
Business mergers and acquisitions are a catalyst for the Greek economy, leading actors on the business scene, government officials and representatives of the academic community told the Mergers & Acquisitions Summit held on Wednesday at the Athens Concert Hall, organized by Kathimerini’s Money Review website. During the conference, Minister of National Economy and Finance Kostis …