Government unveils plan for new traffic camera system

Government unveils plan for new traffic camera system

The government on Thursday unveiled a new plan to install advanced traffic cameras nationwide to improve road safety and enforce traffic laws more effectively. The initiative seeks to reduce the number of accidents, particularly in urban areas where traffic fatalities have risen despite improvements in highway safety.  The cameras will be deployed across the Attica …

Read more

Hazardous cargo from burnt truck polluting river in northwestern Greece

Hazardous cargo from burnt truck polluting river in northwestern Greece

[ERT] The Municipality of Dodoni in northwestern Greece is appealing to the state authorities to remove a burnt truck packed with potentially hazardous chemicals that has been abandoned in the village of Tyria, nearly 10 days after it was destroyed by fire on the Egnatia Highway.  According to state broadcaster ERT, the local authority is …

Read more

ATHEX: Traders choose to reap profits

ATHEX: Traders choose to reap profits

The momentum from the ceasefire in Lebanon appeared to end on Wednesday, and the benchmark of the Greek stock market succumbed to its first losses after five consecutive days of growth during which it had grown by over 3%. Banks were at the center of the profit-taking process. The rest of the week is certain …

Read more

US embassy in Greece closed Thursday for Thanksgiving

US embassy in Greece closed Thursday for Thanksgiving

NEWS The US Embassy in Athens and its Consular Section, the US Consulate General in Thessaloniki, and all US government offices in Greece will be closed on Thursday, in observance of Thanksgiving Day.  Source link

Could Bank of Cyprus be up next for Eurobank?

Could Bank of Cyprus be up next for Eurobank?

Eurobank has made significant strides in its investment in the Cypriot banking sector, particularly with its ongoing acquisition of Hellenic Bank. That business move may prove not be the last one by the Greek lender in Cyprus. By the end of 2024, Eurobank’s total investment in Cyprus is expected to surpass 1.1 billion euros, with …

Read more

Hatzidakis warns against populism | eKathimerini.com

Hatzidakis warns against populism | eKathimerini.com

National Economy and Finance Minister Kostis Hatzidakis warned against populism and stressed that the geopolitical conditions require even more fiscal sensibility than before. Addressing the Real Industry Summit on Wednesday, Hatzidakis said: “The international uncertainty is one more reason for us here in Greece, who have secured – especially since 2023 – much-desired political stability …

Read more

Denmark tries taxing farm animals’ farts and burps

Denmark tries taxing farm animals’ farts and burps

COPENHAGEN, Denmark — Denmark, known for its inventive restaurants and elegant design studios, is about to become known for something more basic: the world’s first belch and manure tax. That’s because there are five times as many pigs and cows in Denmark as there are people. Nearly two-thirds of its land is taken up by …

Read more

ND and PASOK at a crossroads

ND and PASOK at a crossroads

The fact that SYRIZA managed to bring an end to its adventures with Stefanos Kasselakis – albeit it in a not very democratic way, admittedly – and to democratically elect a decent, if not brilliant, new leader in Sokratis Famellos is good news for Greece’s earthquake-prone political system. Famellos is no Alexis Tsipras in terms …

Read more

Athens expects nod for early debt payment

Athens expects nod for early debt payment

Greece is about to get the nod from the European Union for the early repayment of the three installments of bilateral loans, as well as for the use of the “hard” cushion, in the next 24 hours, with the payment to follow by December 12, giving a strong message to the markets that the country …

Read more

PPP plan for affordable homes

PPP plan for affordable homes

Attica districts where there are still large and unused spaces – e.g. in the western suburbs – could, according to real estate market executives, receive investments for the development of affordable housing, either for rent or for purchase. The key is size, as, to be viable for individuals, these projects require large surfaces and a …

Read more