Hellenic to be Cyprus’ biggest bank

Hellenic to be Cyprus’ biggest bank

Eurobank Group’s 1.3-billion-euro investment in Cypriot lender Hellenic Bank, which will create the largest bank in the local market with total assets of €27.5 billion, represents a strong commitment to growth and further expansion in Cyprus, according to Group Chairman George Zanias. Speaking on Thursday during a management visit to Cyprus for the Eurobank Group …

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Greek-American Groups Push Back As Trump Weighs F-35 Sale To Turkey

Greek-American Groups Push Back As Trump Weighs F-35 Sale To Turkey

Greek-American organizations are intensifying their campaign to block the sale of advanced F-35 fighter jets to Turkey as reports suggest President Trump is contemplating lifting sanctions, a move that could bring Turkey back into the program. AHEPA, the largest and oldest Greek-American organization in the United States, and the American Hellenic Institute have dispatched open …

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Elderly man crushed to death by crawler excavator

Elderly man crushed to death by crawler excavator

[Shutterstock] An elderly man was crushed to death by a crawler excavator in Crete on Friday. According to reports, the accident occurred at a project site in Ravdoucha, northwestern Crete, when the excavator fatally trapped the man. The exact circumstances surrounding the incident remain unclear and are under investigation. A team of six firefighters, assisted …

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Loans to Greek businesses increased by 1.4 billion euros in February

Loans to Greek businesses increased by 1.4 billion euros in February

Loans to Greek businesses increased by 1.4 billion euros in February, a development attributed to the acceleration of investment projects financed through the Recovery and Resilience Fund and other financial instruments, raising business credit to €83.7 billion, from €82.3 billion in January. This resulted in a €1.3 billion decrease in business deposits. As for households, …

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Greek Mythology Frescoes Unearthed In Pompeii After 2,000 Years

Greek Mythology Frescoes Unearthed In Pompeii After 2,000 Years

In a rare discovery, archaeologists have unearthed a remarkably preserved house in ancient Pompeii adorned with frescoes of Greek mythological scenes. Untouched since the catastrophic eruption of Mount Vesuvius nearly 2,000 years ago, this small dwelling provides a vivid look into ancient art and architectural shifts in the first century AD. The home is named …

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Construction activity surges in 2024

Construction activity surges in 2024

[Shutterstock] Construction activity across Greece showed strong growth in 2024, with a significant 14.9% increase in the number of building permits issued.  A total of 30,992 permits were granted nationwide, corresponding to 7.28 million square meters of new buildings. The increase reflects the growing demand for residential and commercial development.  The Ionian Islands and Crete …

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Science Declares A Greek Name The World’s Most Beautiful

Science Declares A Greek Name The World’s Most Beautiful

Naming a child is a weighty decision. It’s a lifelong gift, a word that will define them through every chapter of their journey. Do you go timeless or unconventional? A scientific study suggests one name rises above all others in beauty: “Sophia.” The Sound of Beauty, Backed by ScienceDr. Bodo Winter, a linguist from the …

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Another kind of mobilization

Greece is already very late in developing its own defense industry. This is the bad news. The good news is, however, that it does not lack the talent and know-how to make up for lost ground and follow the technological progress in the defense sector in leaps and bounds.  Source link

Costly home losses for Reds and Greens in Euroleague

Costly home losses for Reds and Greens in Euroleague

Olympiakos and Panathinaikos conceded precious ground at the latter half of the Euroleague double week, suffering home defeats that may cost them places in the top four of the table. Olympiakos suffered its third loss in a row, and the second home defeat in succession, going down 80-77 to Monaco of Greece coach Vassilis Spanoulis. …

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