Accor Group: ‘Our focus is on expanding in Greece’

Accor Group: ‘Our focus is on expanding in Greece’

There are strong growth prospects for tourism in Greece, with two new hotel openings already in the pipeline, Patrick Mendes, CEO of Accor for Europe and North Africa, tells Kathimerini. He also notes, as in other countries, a shift in demand toward the off-peak months, as travelers attempt to avoid overcrowding and increasingly high temperatures …

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German ministers to visit Greece

German ministers to visit Greece

Interior Minister Nancy Faeser seen in a file photo. [AP] Two German ministers are set to visit Greece in the coming days, the country’s ambassador in Athens said on Saturday. Speaking at a German-Hellenic Business Association event in Athens, German Ambassador Andreas Kindl announced the visits of Interior Minister Nancy Faeser and Transport Minister Volker …

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Man arrested near Drama for human trafficking

Man arrested near Drama for human trafficking

Police in Drama, northern Greece, have arrested a man on suspicion of human trafficking. The suspect, identified only as a foreign national, was taken into custody on Friday during a routine police check on the Drama-Amfipoli provincial road. Authorities discovered 16 undocumented migrants inside the vehicle he was driving. Police have seized the vehicle and …

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Kasselakis unveils new party name: ‘Movement for Democracy’

Kasselakis unveils new party name: ‘Movement for Democracy’

The former leader of SYRIZA, Stefanos Kasselakis, officially launched his new political party, the “Movement for Democracy” on Saturday at the Michael Cacoyannis Foundation in Athens. The name was chosen following a three-day online vote among the organization’s supporters.  Speaking before a crowd of supporters, including several independent lawmakers, the 36-year-old outlined his vision for …

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Antibiotic overuse fuels hospital superbug surge

Antibiotic overuse fuels hospital superbug surge

[Shutterstock] Greek experts at the European Center for Disease Prevention and Control (ECDC) have highlighted urgent public health challenges, with a focus on antimicrobial resistance (AMR). A recent report from the ECDC, based on their April visit to Greece, reveals troubling signs of widespread drug-resistant bacteria at Greek hospitals. The experts noted that Greece and …

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Cyprus says Moody’s A3 upgrade vote of confidence in economy

Cyprus says Moody’s A3 upgrade vote of confidence in economy

A two-notch upgrade of Cyprus’ debt by Moody’s is a vote of confidence in the island’s economy, the country’s president said on Saturday. Moody’s upgraded Cyprus’ long-term issuer and senior unsecured ratings to A3 from Baa2, citing a “material improvement” in fiscal and debt metrics that the rating agency expected to be sustained. It was …

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Athens counters Russia’s Orthodox designs

Athens counters Russia’s Orthodox designs

The Greek government has announced the creation of 600 new clerical positions to support the ancient patriarchates of Constantinople (in Turkey), Alexandria (in Egypt) and Jerusalem (in Israel), and the Monastery of Sinai in Egypt. The move addresses decades of neglect, offering vital financial aid to clergy who have long served without salaries, pensions or …

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Black Friday: Development minister highlights consumer protection

Black Friday: Development minister highlights consumer protection

Development Minister Takis Theodorikakos visited stores on Ermou Street in central Athens on Friday, in view of next week’s Black Friday promotional event. He spoke with merchants and employees about consumer traffic in the market, listened carefully to all the issues that concern them, and sent the message that the government’s constant concern is to …

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ExxonMobil, Qatar Energy to drill two new wells

ExxonMobil, Qatar Energy to drill two new wells

ExxonMobil, in partnership with Qatar Energy, is planning to drill two more wells in Cyprus’ offshore Blocks 5 and 10 early next year. The announcement came after a meeting between ExxonMobil Vice President John Ardill and Cyprus’ President Nikos Christodoulides, alongside Energy Minister George Papanastasiou. The drilling is part of a larger effort to explore …

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HFSF 2023 report outlines Greek banks’ green financing initiatives

HFSF 2023 report outlines Greek banks’ green financing initiatives

The Hellenic Financial Stability Fund (HFSF) has just published its Sustainability Report for 2023, which includes a separate section covering the initiatives, actions and selected figures of the Greek systemic banks as well as the fund’s proposals for promoting sustainability in lending. It highlights efforts to strengthen sustainable financing practices, emphasizing the integration of climate …

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