Summer hours of reduced power rates

Summer hours of reduced power rates

The Hellenic Electricity Distribution Network Operator (DEDDIE) announced on Monday that from Tuesday the summer timetable for the bizonal cheaper-rate electricity tariff (previously known as the “nighttime” tariff) will begin to apply. The hours of reduced-price electricity for eligible consumers are from 11 a.m. to 3 p.m. and from 2 a.m. to 4 a.m. The …

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Hydrocarbons and geopolitics: Eight questions and answers

Hydrocarbons and geopolitics: Eight questions and answers

The Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) believes there are at least nine locations with strong potential for commercially viable deposits in the area south of Crete that Chevron is seeking to explore. What has been going on with Chevron and Greece’s hydrocarbon deposits? Chevron is the second (after ExxonMobil) American energy giant …

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Reduced VAT on electricity in Cyprus

Reduced VAT on electricity in Cyprus

A reduction in value-added tax on electricity bills in Cyprus will take effect on Tuesday, bringing relief to consumers, especially vulnerable households. VAT on electricity will drop from 19% to 9%, meaning savings for many households across the island. According to Christina Papadopoulou, spokesperson for the Electricity Authority of Cyprus (EAC), the move will benefit …

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On This Day, We Commemorate Our Devout Mother Mary Of Egypt

On This Day, We Commemorate Our Devout Mother Mary Of Egypt

When Mary was only twelve years old, she left her parents and departed to Alexandria, where she lived a depraved life for seventeen years. Then, moved by curiosity, she went with many pilgrims to Jerusalem, that she might see the Exaltation of the venerable Cross. Even in the Holy City she gave herself over to …

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Health centers easing pressure on hospitals

Health centers easing pressure on hospitals

[AMNA] Citizens are increasingly turning to Greece’s public healthcare system (ESY) for emergency cases, with Health Minister Adonis Georgiadis’ initiative to involve health centers in relieving pressure on major hospitals proving effective. On Thursday night, emergency care at Athens hospitals was supported by local health centers on Alexandras Avenue, and in Maroussi, Kallithea and Lavrio. …

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First Photos Of Zendaya On Set Of Christopher Nolan’s Odyssey Released

First Photos Of Zendaya On Set Of Christopher Nolan’s Odyssey Released

The first images from Christopher Nolan’s highly anticipated film Odyssey have emerged, revealing Zendaya in an ancient Greek-style gown. Though her role has yet to be officially confirmed, speculation is growing that she will portray Athena, the goddess who aids Odysseus, played by Matt Damon, on his long journey home. Filming is currently underway in …

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Steady progress in Elliniko urban renewal with major investments

Steady progress in Elliniko urban renewal with major investments

The urban regeneration project under way in Εlliniko is making continued progress in both infrastructure and buildings, Lamda Development announced on Monday, in a financial update of the 2024 results. Work is already under way on 14 different projects in collaboration with 12 different developers, while work has now begun on all the residences that …

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Devastating Floods Hit Greek Island Of Paros, Sweeping Away Cars And Forcing Road Closures

Devastating Floods Hit Greek Island Of Paros, Sweeping Away Cars And Forcing Road Closures

A powerful storm has battered the Greek island of Paros, unleashing widespread flooding, sweeping away cars, and prompting authorities to close schools and ban all traffic except for emergency vehicles. Paros Overwhelmed by Flash Floods The storm, which struck on Monday afternoon, brought torrential rainfall to the island’s popular Parikia and Naousa tourist hubs. Floodwaters …

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ATHEX: Major slump on bourse, led by banks

ATHEX: Major slump on bourse, led by banks

The profit-taking process that started late last week on the Greek stock market accelerated on Monday, with international fears of an out-and-out trade war growing by the day. Bank stocks bore most of the pressure, with their index losing almost 5% in one session, while the benchmark shrank nearly 3%, dropping well below the 1,700-point …

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Tax dues interest freezes for another year

Tax dues interest freezes for another year

The interest rates for the standard arrangement of repaying debts to the state will remain unchanged for another year, until March 2026. With this move, the Ministry of National Economy and Finance assists thousands of taxpayers who are unable to meet their tax obligations, by including income tax and the Single Property Tax (ENFIA) in …

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