The momentum from the ceasefire in Lebanon appeared to end on Wednesday, and the benchmark of the Greek stock market succumbed to its first losses after five consecutive days of growth during which it had grown by over 3%. Banks were at the center of the profit-taking process. The rest of the week is certain …
NEWS The US Embassy in Athens and its Consular Section, the US Consulate General in Thessaloniki, and all US government offices in Greece will be closed on Thursday, in observance of Thanksgiving Day. Source link
Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank. That business move may prove not be the last one by the Greek lender in Cyprus. By the end of 2024, Eurobank’s total investment in Cyprus is expected to surpass 1.1 billion euros, with …
National Economy and Finance Minister Kostis Hatzidakis warned against populism and stressed that the geopolitical conditions require even more fiscal sensibility than before. Addressing the Real Industry Summit on Wednesday, Hatzidakis said: “The international uncertainty is one more reason for us here in Greece, who have secured – especially since 2023 – much-desired political stability …
COPENHAGEN, Denmark — Denmark, known for its inventive restaurants and elegant design studios, is about to become known for something more basic: the world’s first belch and manure tax. That’s because there are five times as many pigs and cows in Denmark as there are people. Nearly two-thirds of its land is taken up by …
The fact that SYRIZA managed to bring an end to its adventures with Stefanos Kasselakis – albeit it in a not very democratic way, admittedly – and to democratically elect a decent, if not brilliant, new leader in Sokratis Famellos is good news for Greece’s earthquake-prone political system. Famellos is no Alexis Tsipras in terms …
Greece is about to get the nod from the European Union for the early repayment of the three installments of bilateral loans, as well as for the use of the “hard” cushion, in the next 24 hours, with the payment to follow by December 12, giving a strong message to the markets that the country …
Attica districts where there are still large and unused spaces – e.g. in the western suburbs – could, according to real estate market executives, receive investments for the development of affordable housing, either for rent or for purchase. The key is size, as, to be viable for individuals, these projects require large surfaces and a …
The number of students at military academies who are dropping out of their studies is alarmingly high. The exodus is simply too big to be dismissed as a coincidence and the reasons why this is happening need to be investigated. Should the findings of such an investigation deem it necessary, the higher military education system …
For leftist SYRIZA, the real challenge now lies ahead. We don’t mean the likelihood of more MPs defecting from its parliamentary group or the fact that the ill-mannered Pavlos Polakis came second in Sunday’s party leadership race with a stunning 43% that established him as the de facto voice of the opposition within the party. …