[Alexandros Evangelatos/InTime News] Greek authorities are stepping up preparations ahead of the fire season in the Attica region, with officials warning of heightened risks amid worsening climate conditions. In a high-level meeting convened by Climate Crisis and Civil Protection Minister Giannis Kefalogiannis, representatives from ministries, the military, fire service, police, coast guard, forest agencies and …
The late Costas Simitis, who spearheaded Greece’s adoption of the euro and its alignment with European Union policies as prime minister of the socialist PASOK government from 1996 to 2004, was honored at the Delphi Economic Forum on Wednesday. Marilena Simiti, one of Simitis’ two daughters and a professor of political sociology at the University …
[AMNA] Finance Minister Kyriakos Pierrakakis held his first meeting with the Hellenic Bank Association earlier this week and came out expressing confidence that Greek banks “are on a solid footing.” The country’s lenders, he said, “are capitalized, have enhanced liquidity and a significantly reduced non-performing loan ratio. Moreover, the investment grade in which our country …
File photo. Authorities in Athens have shut down a store selling illegal swords and knives in the suburb of Peristeri. The weapons, including various types of blades, were sold through an online shop. The raid was carried out by the Weapons and Explosives Department of the Attica Police, following an investigation into online sales of …
[Yiannis Liakos/InTime News] Greece is banking on the establishment of private universities to drive economic growth, reduce academic migration and create tens of thousands of jobs, according to a study by Deloitte. The new non-state universities, expected to begin operating in the 2025-2026 academic year, could generate €6.8 billion for the economy over five years, …
Cyprus President Nikos Christodoulides and Safe Bulkers head Polys Hajioannou, along with members of the Cypriot government and distinguished members of the business community, rang the closing bell last Friday at the New York Stock Exchange. Cypriot bankers have expressed their satisfaction with President Nikos Christodoulides’ recent visit to the US, where he promoted the Mediterranean country as an attractive destination …
The first delivery of bio marine fuels in Greece by Motor Oil Group and its company Coral Marine is a milestone in efforts to reduce emissions and promote the green transition in the shipping industry. The delivery, which took place on the cruise ship Celestyal Discovery at the Port of Lavrio in southeastern Attica represents …
FTSE Russell said on Tuesday that Greece will remain on the equity Watch List for possible reclassification from “advanced emerging” to “developed” market, adding that the next evaluation will take place in September. There had been expectations for an upgrade to “developed” this time. According to FTSE Russell, the Greek stock market has been on …
ATHENS, Greece — A 24-hour general strike disrupted Greece on Wednesday, halting flights, docking ferries, and scaling back public transport as unions demanded an end to decade-old austerity policies. Called by the nation’s top public and private sector unions, the strike seeks higher wages and the restoration of collective bargaining rights lost during Greece’s financial …
Greek stocks took another nosedive on Wednesday, after Tuesday’s rebound, in an environment of complete volatility dominated by the soaring of Chinese counter-tariffs on US imports, to 84%. As the market rollercoaster continues across the world, Athinon Avenue appears to have no more defenses against upward and downward pressures, while those who had expected an …