Greek News in English
Ραντεβού | Appointment
Jan-Aug primary surplus exceeds 7.5 bln euros
Greece’s state budget primary surplus in January-August 2024 stood at 7.547 billion euros, against a target of €3.316 billion, according to preliminary figures on the execution of the state budget released by the National Economy and Finance Ministry on Wednesday.
Fines for minimum salary violations
Fines amounting to 49,200 euros have been imposed in 43 cases where employers checked by the Labor Inspectorate had failed to comply with laws concerning the minimum wage, according to an announcement on Wednesday.
Attica Bank shareholders approve €735 mln capital increase
Shareholders of Attica Bank approved a share capital increase (SCI) of 735 million euros, during an extraordinary general meeting on Wednesday.
Cyprus lags in EU’s RRP milestones
Cyprus has only achieved 5% of the milestones outlined in its Recovery and Resilience Plan (RRP).
What if everyone did something to slow climate change?
Make more beef-free meals. Compost food scraps. Replace a natural gas stove with an electric one.
€500 mln treasury bill auction sees 2.85% yield
An auction of six-month treasury bills was held on Wednesday, amounting to 500 million euros, the Public Debt Management Agency (PDMA) announced.
Aria Hotels expands internationally with entry into Colombian market
Aria Hotels, the Greek hospitality subsidiary of the Libra Group, with over 70 units, announced on Wednesday it is also entering the Colombian market in its first expansion abroad.
Rearguard action
It has become clear to the overwhelming majority of market professionals that there is no escape route, as it were, that would allow some to bypass electronic transactions and continue dealing in cash.
ATHEX: Stock advance continues on Athens bourse
The Greek stock market continued to rise, in anticipation of the concession of a 12% state stake in National Bank early next week.
Legendary Greek singer Marinella collapses on stage during concert
Legendary Greek singer Marinella collapsed on stage during her concert at the Odeon of Herodes Atticus on Wednesday.
EODY reports three more deaths from West Nile virus, 30 in total
The National Public Health Organization (EODY) recorded three more deaths from West Nile virus between September 18 and 25, bringing the total number of deaths from the virus to 30.
Bank deposits turned into bonds, shares
The low level of interest rates on deposits has led to a shift in the saving behavior of Greeks, who are turning to bonds and mutual funds, according to the 15th edition of Allianz’s Global Wealth Report 2023, which shows that new savings in Greece increased by 36% to 5.4 billion euros.
Athens Nomad Fest | Athens | September 27-29
Athens Nomad Fest (athensnomadfest.com), the city’s first festival for digital nomads, runs this weekend at Panteion University (136 Syngrou Avenue).
US, France working on Lebanon diplomatic initiative, Cyprus president says
The United States and France are trying to hammer out an interim accord to halt hostilities between Israel and the Lebanese Hezbollah with a view to opening broader diplomatic talks, Cyprus’ President Nikos Christodoulides said on Wednesday.
Cutting Houthi supply lines key to trade
The Houthis’ August 23 attack on the Greek-flagged MV Sounion, nearly costing 25 seafarers their lives, now threatens to become among the largest environmental disasters in history should the tanker and its 150,000 metric tons of oil capsize.
Bad Nerves | Athens | November 1
UK punk band Bad Nerves will make its Athens debut at the Arch Club (111 Konstantinoupoleos) on November 1.
Mitsotakis meets with investors in New York
Prime Minister Kyriakos Mitsotakis met with investors on Wednesday in New York, on the sidelines of the United Nations General Assembly, where he presented the prospects of the Greek economy and the government's reform plans.
Railway workers to strike Thursday over safety demands
Rail workers will hold a 24-hour strike on Thursday to protest the government’s failure to improve safety after the deadly February 2023 Tempe train crash.
Democracy and lawlessness
After the end of the 1967-1974 military dictatorship, we, as a society, decided that authoritarianism and the unchecked actions of the state’s repressive mechanisms had to be brought to an end – and rightly so.