The announcement by the Greek prime minister in London that the government has no intention to impose an extraordinary levy on banks’ profits gave a major boost to credit sector stocks on Monday. This carried along the rest of the stock market, with the index climbing more than 2% on the day, with increased turnover …
The two biggest countries in the European Union, Germany and France, are facing serious economic and productivity challenges that require immediate measures and reforms. The people of Greece have every right to smile bitterly when they see their spreads outpacing the Greek one and to get angry when these countries balk at reforms that they …
[InTime News] A police officer accused of raping his children and wife remains under guard in hospital. The officer, who served in the Greek Parliament, faces multiple charges, including rape, child abuse and domestic violence. He denies the allegations. Government spokesperson Pavlos Marinakis expressed his horror over the incident but refrained from commenting on the …
The Development Ministry imposed fines Monday totaling €610,000 on four companies found to have engaged in misleading advertising in the run-up to Black Friday sales on November 29. These companies are among a total of 14 found to have violated market rules ahead of the discount day. The business’ evasive practices were identified by the …
EUFF Executive Director Jérémie Abessira (l), Consul General Ioannis Chatzantonakis (c), and Cultural Counselor Dr. Marilena Griva. “Dodo”, a film by Greek filmmaker Panos H. Koutras, has won the Audience Choice Award at the 20th European Union Film Festival (EUFF), staged in Toronto from November 14 to 28. A total of 28 films from across …
[Shutterstock] Two teenage girls, both under Greece’s legal drinking age of 18, were hospitalized in the provincial city Trikala, mid-northern Greece, on Saturday night after consuming alcohol purchased from a local grocery store. The shop owner was arrested Sunday afternoon, according to state broadcaster ERT. The drinking took place at the home of one of …
A grand musical event was organized at the historic Zografeion Lyceum of Constantinople, in memory of Apostle Andrew of Asia Minor, the founder of the church of Constantinople, on the occasion of the Thronal Feast Day of the Ecumenical Patriarchate. The event, held on November 30th under the auspices of Ecumenical Patriarch Bartholomew, was a …
Adnan Menderes, left, Prime Minister of Turkey, and Constantine Karamanlis, right, Prime Minister of Greece, chat together as they stroll along a corridor of the Hotel Dolder in Zurich, Feb. 9, 1959, after session of the Greco-Turkish talks on Cyprus. Following them are their foreign ministers, Fatim Rustu Zorlu, left, and Evanghelos Averoff, right. [AP] …
File photo. Prime Minister Kyriakos Mitsotakis has reportedly ruled out imposing an extraordinary tax on bank profits. Speaking at a conference organized by Morgan Stanley and the Athens Stock Exchange in London on Monday, the prime minister reportedly assured investors in a private meeting that his government has clear objectives for the banking sector and …
Double-digit increases in health insurance premiums in 2025 are on the cards, stemming from a surge in payouts, at a rate over 16%, made by insurers to private hospitals in Greece in 2023. Although the companies have not yet announced their new tariffs, market executives are anticipating significant increases for the second consecutive year in …