File photo. Police in the Greater Athens region have broken a drugs ring, arresting three people, and confiscated more than 15 kilograms of marijuana, as well as cocaine and cash, authorities said Monday. Two of the suspects were arrested Saturday afternoon following a tip-off, and the third several hours later. Police seized 15.3 kgr of …
The selection of a port hub for hydrocarbon drilling in the Ionian Sea is emerging as a critical factor that goes well beyond the narrow scope of extraction itself, with three ports in Western Greece – Patra, Igoumenitsa and Astakos – at the center of the contest. Beyond the project’s energy dimension, its real economic …
Non-bank blue chips reverted the Greek stock market to an upward trajectory after the long weekend, as a number of stocks that had suffered considerable pressure last week rebounded on Monday to put the benchmark back above the 2,200-point level. This ran counter to the international trend of concern due to the partial resumption of …
Cyprus tourism is seeing a 60% drop in bookings for the summer season compared to last year, reflecting the impact of the war in Iran. In particular, the main source of Cypriot tourism, the United Kingdom, is weakening. British travelers, who make up the country’s largest tourism market, are showing hesitation and caution because of …
Main opposition PASOK has slightly narrowed its popularity gap from the governing New Democracy conservatives who, however, still maintain a lead well into the two digits according to a new poll released Monday. The Opinion Poll survey on behalf of Action 24 TV found that were parliamentary elections to be promptly held ND would get …
[Shutterstock] Eight people have been convicted for operating a counterfeit currency workshop that produced fake US dollar bills in a warehouse in Kordelio near Thessaloniki. The court imposed sentences of up to five years and four months, depending on each defendant’s level of involvement. The case dates to February 2019, when police in Kilkis uncovered …
[Shutterstock] The decision to move the Parnitha Casino to a more central location was considered essential by Regency Entertainment, given the anticipated competition from the casino under construction at Elliniko. As soon as the news of the move became known, questions were raised about the future of the historic building on Mount Parnitha, north of …
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The ambition of a new New Democracy that would recruit talent through an “executive list” has remained in limbo. Ultimately, the model of the “executive state” was established by bypassing the party structure entirely. It was built on the expectation that technocratic competence alone would generate political legitimacy, removing the need for “intermediaries” – the …
[Shutterstock] National Bank is expected to announce this week its collaboration agreement with Allianz, ending its exclusion from the insurance sector after the loss of Ethniki Insurance. The Allianz deal provides for the acquisition of 30% of the German group’s Greek activity and a long-term bancassurance partnership, with the bank’s network returning as a key …