Erdogan expects more interest rate cuts in 2025

Erdogan expects more interest rate cuts in 2025

Turkey’s President Tayyip Erdogan said on Saturday that there would be more interest rate cuts in 2025 after the central bank cut its key rate by 250 basis points to 47.5% this week. The Turkish central bank trimmed the one-week repo rate after an 18-month tightening effort that reversed years of unorthodox economic policies and …

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Arrests in Athens and Thessaloniki in operation against Turkish mafia

Arrests in Athens and Thessaloniki in operation against Turkish mafia

[InTime News] Police have made three arrests as part of a coordinated parallel operation against the Turkish mafia in Athens and Thessaloniki. In Athens, officers from the Directorate for Combating Organized Crime (DAOE) conducted searches in three houses in the center of Athens, during which 11 people were detained. Of those 11 individuals, three were …

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Major traffic delays on Kifissou Ave after truck downs lighting pole

Major traffic delays on Kifissou Ave after truck downs lighting pole

[File photo] Major traffic delays have been reported on Kifissou Avenue near Peristeri, in Athens, after a southbound truck hit and knocked down a lighting pole on the median strip on the thoroughfare. As a result, the two left lanes towards Piraeus and the left lane towards Lamia have been closed. Long-distance coach company KTEL …

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T-bills auctioned Tuesday | eKathimerini.com

T-bills auctioned Tuesday | eKathimerini.com

Between 70% and 80% of the issue activity will be covered through two new syndicated issues – with a new 10-year note being certain and expected, most likely, at the beginning of the year – and the rest through planned reissues of existing securities, amounting to some €2 billion. On Tuesday, December 31, Greece will …

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Gov.gr rated best-performing public service 

Gov.gr rated best-performing public service 

The new measurement of customer experience (CX) levels in Greece, which was carried out by the company Braincandy for a seventh consecutive year, showed that the state’s online platform, Gov.gr, was the public service with the best performance, maintaining its primacy in relation to the rest of the public sector. Despite the strong competition and …

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Teenagers charged with robbery, assault

Teenagers charged with robbery, assault

Four teenagers have been charged with robbery and assault following a violent incident near the Maroussi ISAP train station in northern Athens on Christmas Eve. The Athens Prosecutor’s Office filed felony charges of joint robbery and misdemeanors, including dangerous bodily harm, illegal possession of weapons and their use.  The charges stem from an attack on …

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Severe weather on the way

Severe weather on the way

Greece is bracing for severe weather as the Hellenic National Meteorological Service (EMY) warns of heavy rain, snow, and gale-force winds from Saturday onward.  This marks a significant escalation from Friday’s conditions, where storms began to ease in most areas.  On Saturday, heavy rain and storms are forecast for central and southern Aegean regions, the …

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Road wins take Olympiakos and Panathinaikos higher in Euroleague

Road wins take Olympiakos and Panathinaikos higher in Euroleague

[Intime] Greens and Reds travelled well over Christmas and returned to Greece with precious road wins in Germany and Italy respectively, for a happy end to their year in the Euroleague. Olympiakos edged out Armani Milano by the smallest of margins, 84-83, on Thursday and improved its record further to 12-6 and go joint top …

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US neutral on potential Turkey-Syria deal

US neutral on potential Turkey-Syria deal

The US appeared to take a neutral stance amid reports that Turkey and Syria may sign an agreement on maritime boundaries that could undermine Cyprus’ sovereign rights. In response to relevant question on the matter, a State Department spokesperson suggested addressing specific questions about the potential accord directly to Ankara and Damascus.  The US called …

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Lessons unheeded | eKathimerini.com

The images of Athens’ main roads turning into torrents after a heavy downpour (the first of the year, despite it being December) highlight that the lessons of the climate crisis have largely gone unheeded. Even during events that are not extraordinary, the state apparatus reveals the old issues of confusion over responsibilities and the lack …

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