[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 …
[Handout/Hellenic Police] E-scooter drivers are racking up traffic violations as police turn their attention to the relatively recent addition to Greece’s personal transport mix, data showed Monday. A police statement said that a focused traffic police crackdown on e-scooters in the Greater Athens region from Thursday to Sunday resulted in 127 people being fined for …
[InTime News] A man was arrested Monday on suspicion of carrying out a series of attacks in which he threw stones at pedestrians, often striking them in the face. Police said six people were injured, five women and one man, including a minor who was attacked last week. The suspect, working as a delivery driver, …
[Handout/Hellenic Coast Guard] Harbor police on the Aegean Sea island of Skiathos have arrested a man in possession of more than 13 kilograms of marijuana, authorities said Monday. A Coast Guard statement said Sunday’s operation followed a tip-off. The 68-year-old suspect was taken into custody after picking up two items of hand luggage containing the …
The Patriot air defense missile system. [File photo] Once the situation in the Persian Gulf has calmed down, the Turkish government will turn its attention to the Aegean Sea and Cyprus and Greece’s perceived exploitation of the war in the Middle East to boost its defenses near Turkey, officials in Ankara said. A senior Turkish …
Eurostat released its provisional inflation figures for the eurozone last Thursday – and the tidings were not good at all. Average inflation appears to have risen from 2.6% in March to 3% in April, fueled by the fallout from the US-Israeli war on Iran. But things were even worse for Greece: Eurostat estimates that inflation …
Concerns that the eurozone could slip into recession if the conflict in the Middle East continued are “real and justified” and talks to end the Iran war will be key for the ECB monetary policy, Bank of Greece governor Yannis Stournaras said. Stournaras, who is also a member of the European Central Bank’s Governing Council, …