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, …
European Union foreign policy chief Kaja Kallas speaks with the media as she arrives for a meeting of the European Political Community in Yerevan, Armenia, Monday. [AP] YEREVAN – European leaders on Monday said that US President Donald Trump’s snap decision to pull thousands of US troops out of Germany came as a surprise but …
Former minister and longtime Thessaloniki MP Haris Kastanidis has resigned from the main opposition PASOK, issuing a strongly worded letter accusing party leader Nikos Androulakis of sidelining him and reshaping the party to exclude him from political life. In his resignation letter, Kastanidis said he was leaving “the PASOK of Mr Androulakis” but not the …
Luxury cars may be at the center of this story – but they are only the surface. Behind the tinted windows lies a network of power, privilege and quiet rule-breaking by a cross-section of social groups. From corporate offices and elite medical practices to sports management circles and the edges of the underworld, some of …
File photo. [Shutterstock] Authorities have arrested 11 suspects following a deadly brawl at Nigrita Prison in northern Greece on Sunday that left two inmates dead. Police said officers recovered several objects during a raid after the incident, including makeshift knives and wooden planks. Sources identified two main suspects in the killings – a Georgian and …
Last year was a record one for the net and operating profitability of Greek listed companies, while dividends to be distributed reached a historic record, reaching €6.2 billion. That set the bar very high for this year, which is predicted to be difficult for the economy and corporate figures due to the war in the …
President Donald Trump’s vow to shrink America’s military deployment in Germany has put a new spotlight on the US role in Europe. There are usually 80,000 to 100,000 troops on the continent, with more than 36,000 in Germany. The Pentagon announced Friday that it would remove 5,000 troops from Germany, and Trump said the next …
Article 42.7 of the European Union Treaty – similar to NATO’s Article 5 mutual defense clause – needs to be put into effect, with clear procedures for activation and coordination, particularly in cases where a response from the alliance cannot be taken for granted, says European Commissioner for Defense and Space Andrius Kubilius. Speaking to …
File photo. [InTime News] A 36-year-old woman and her three young children were safely rescued by firefighters after a blaze broke out late Saturday night in a residential building in Thessaloniki. All four were reported to be in good condition following the incident. The fire erupted shortly after 9 p.m. in a rooftop flat of …
[InTime News] Government spokesman Pavlos Marinakis has accused PASOK leader Nikos Androulakis of retreating from months-long talks with the government over appointments to Greece’s independent authorities. Speaking to Mega TV on Saturday, Marinakis said the appointments require a three-fifths majority in Parliament’s Conference of Presidents, making cross-party cooperation constitutionally necessary. He said three authorities remain …