Almost 60% of industries report a decrease in demand and cancellations of orders because of the conflict in the Middle East, while coastal shipping companies are also under great pressure due to the skyrocketing costs. Price increases are a necessary option for one in two exporting companies in the manufacturing sector if the crisis continues, …
Ships and boats in the Strait of Hormuz off the coast of Musandam, Oman, on April 20, 2026. [Reuters] Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to some shipping companies whose vessels are stranded west of the waterway, Greek maritime risk management firm MARISKS has …
The energy crisis from the Middle East conflict is restoring lignite in Greece’s energy balance for 2027. The issue of the last remaining lignite unit, Ptolemaida 5, in the electricity system for energy security reasons, was reopened after the intervention of grid administrator ADMIE. The administrator for the security of the country’s electricity system sent …
A sophisticated phishing campaign is targeting Greek mobile users with fraudulent text messages falsely promising fuel subsidies, investigators have found. The scam messages tell recipients they are entitled to financial assistance through a fictitious “Fuel Pass III” program, urging them to click a link and enter personal and banking details. The messages are well-written and …
[InTime News] Travel receipts exceeded €1 billion in the first two months of the year, much higher than the €589 million a year earlier. This impressive increase, which translates into 70.7%, according to official data from the Bank of Greece, reflects a strong momentum that characterized the start of 2026, with foreign arrivals increasing by …
Attica’s bus and trolley bus operator, OSY, has increased the fleet of special service vehicles for people with disabilities, from three to 10. With electric buses, hydrogen vehicles and new technology trolleybuses (the so-called IMC), Athens urban transport seeks to renew its fleet, while in parallel it will continue the practice of granting bus lines …
The island of Lesvos is grappling with a deepening foot-and-mouth disease emergency, with confirmed cases reaching 43 and new outbreaks appearing 50 kilometers from the original sites – a sign, officials say, of failing biosecurity measures. The agriculture minister, Margaritis Schinas, condemned farmers holding blockades at the island’s port and preventing veterinary access to their …
File photo. A 22-year-old man has been sent to prison for four years after a Thessaloniki court convicted him of stealing €100,000 in cash from an elderly woman who had buried it in her garden for safekeeping, state ERT television said Monday. The man was arrested last week for defrauding the 76-year-old woman out of …
Cyprus’ economy kept a steady pace in 2025, with growth holding at 3.8% in real terms. In current prices, GDP rose by 4.9%. According to the Cyprus Statistical Service (CyStat), GDP at current prices reached €36.48 billion, marking a 4.9% increase compared to 2024. In real terms, based on 2019 prices, GDP stood at €30.66 …
The total number of people registered as unemployed with the Public Employment Service (DYPA) reached 861,241 in March, recording a decrease of 64,800 people (7%) compared to March 2025 and a decrease of 42,687 people (4.7%) compared to the previous month, February 2026. According to DYPA’s statistics for registered unemployment, out of the total of …