A million vintage loans slow Greece’s economic recovery
When Greece’s debt crisis struck in 2009, George, owner of a jewellery shop outside Athens, found himself saddled with a new €100,000 loan just as his business turnover plummeted. Source link
When Greece’s debt crisis struck in 2009, George, owner of a jewellery shop outside Athens, found himself saddled with a new €100,000 loan just as his business turnover plummeted. Source link
Authorities in Thessaloniki are investigating a series of early morning attacks involving gas canisters that targeted the homes of three officials linked to Greece’s ruling New Democracy party, local media reported. Source link
A wildfire that swept through northern Greece has left a 66-year-old man dead, while a second body, believed to be that of his 12-year-old son, was found inside the family’s home, authorities said, turning the fast-moving blaze into a family tragedy. Source link
Greek exports have risen by 46% since 2019, reaching €47 billion from €32 billion, Deputy Prime Minister Kostis Hatzidakis said on Tuesday. He added that they have more than doubled compared with pre-crisis levels in both volume and as a share of GDP. Source link
Local lenders continue to converge with their European peers after restoring their capital positions and emerging among the most profitable lenders in Europe, supported by stronger performance than the eurozone average and a marked improvement in return on equity (RoE), according to a recent report by the European Central Bank. Source link
Aktor Group is in talks with Motor Oil Group, among others, to participate in the development of a floating liquefied natural gas (LNG) regasification terminal, according to a filing to the Euronext Athens Stock Exchange on Monday. Source link
Finance Minister Kyriakos Pierrakakis said there is a need for greater visibility of the IRIS payment system at the point of sale, better public awareness, stronger incentives for merchants, and reward mechanisms from banks and acquirers. Source link
The gas found in Cyprus’ exclusive economic zone is no longer just an exploration success; it is now considered commercially viable. Source link
A sharp reduction in the number of teachers seconded to public bodies is drawing strong criticism from universities and cultural institutions, which warn of staffing shortages and operational strain ahead of the new academic year. Source link
Cartoon (30/06/2026) Source link