Ratings Agency Upgrades Rating for Greek Public Power Corporation

Ratings Agency Upgrades Rating for Greek Public Power Corporation

Global ratings agency Fitch Ratings has upgraded the credit rating of Public Power Corporation (PPC) to BB from BB-, assigning the company a stable outlook. Fitch said the upgrade reflects expectations that PPC’s accelerated expansion into renewable energy through 2030 will strengthen its business profile by increasing geographic diversification, improving supply integration and reducing its …

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Greece Approves Operating Licenses to Seven International Universities

Greece Approves Operating Licenses to Seven International Universities

Greece has approved seven new licences for the establishment and operation of non-state universities, allowing them to begin offering higher education programmes from the 2026–27 academic year. The Ministry of Education, Religious Affairs and Sports announced that the approved parent institutions are Georgetown University, Iowa State University of Science and Technology, Roger Williams University, European …

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Beyond pay: Fixing the ESY

Salaries for staff in Greece’s public healthcare system may still lag behind those in other European countries, but they have improved. Source link

Ellinair Officially Declared Bankrupt by Thessaloniki Court – Greek City Times

Ellinair Officially Declared Bankrupt by Thessaloniki Court – Greek City Times

Greek airline Ellinair has been formally declared bankrupt after the Thessaloniki Court of Appeal accepted a long-running petition, with the decision registered in the General Commercial Registry (GEMI) on 22 July 2026. The court overturned an earlier first-instance rejection and accepted the bankruptcy application originally filed on 14 July 2023 by a group of former …

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Domestic abuse kills unborn child

A 38-year-old pregnant woman lost her unborn child Friday after her ex-partner allegedly beat her at her home in Kallithea, authorities said. Source link

Strong rains and winds hit many parts of Greece – Greek City Times

Strong rains and winds hit many parts of Greece – Greek City Times

Strong winds and heavy rainfall affected many areas of Greece on Friday, including Attica during the afternoon hours. Significant lightning activity was also recorded, along with local hailstorms in places. The Regional Operations Centres of the Fire Service received more than 200 calls across the country. Most of them concerned fallen trees, flooded roads, water …

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