Greek News in English
Ραντεβού | Appointment
Erdogan’s fragile dreams
Recep Tayyip Erdogan’s visions have no limits. From the “borders of our heart,” which stretch far beyond Turkey’s frontiers, to the demand for a permanent seat on the UN Security Council, Turkey’s president expresses his desires as if this is enough to secure the grandiose results that he believes he deserves.
Turkey restricts access to some social media platforms, Netblocks internet monitor says
Turkey has restricted access to multiple social media platforms including X, YouTube, Instagram and TikTok on Wednesday after the detention of Istanbul Mayor Ekrem Imamoglu and others, the Netblocks internet observatory said.
A race for three
There are three dimensions to the recent government reshuffle. The first, is the prime minister’s effort for a restart following the Tempe tragedy, with an emphasis on engaging the ruling party’s new generation.
Turkey detains Erdogan’s main rival on array of charges
Turkish authorities detained President Tayyip Erdogan’s main political rival on Wednesday on charges including corruption and aiding a terrorist group, in what the main opposition party called “a coup attempt against our next president.”
Greece will stand by new IOC president, President Tasoulas says
The incoming head of the International Olympic Committee (IOC) can count on Greece’s full support, Greek President Konstantinos Tasoulas has told the opening ceremony of the 144th IOC session in Ancient Olympia.
Spotlight on ex-minister over Tempe role
The Greek Parliament’s investigative committee into the 2023 Tempe rail disaster began its work on Tuesday, focusing on the potential misconduct of the former deputy minister to the prime minister, Christos Triantopoulos.
Pierrakakis and Stournaras see eye to eye on fiscal policy
The government and the Bank of Greece (BoG) share a common understanding about the future of the Greek economy, according to National Economy and Finance Minister Kyriakos Pierrakakis and Bank of Greece Governor Yannis Stournaras, following their meeting on Tuesday.
Servicers’ loans increase by €3.97 Billion in Q4 2024
The nominal value of loans to the domestic private sector serviced by domestic credit servicing firms that have been transferred to non-resident specialized financial institutions increased by 3.97 billion euros, the Bank of Greece said on Tuesday: They reached a total value of €74.75 billion at the end of the fourth quarter of 2024.
Greece and Italy request inclusion of new power interconnection in the EU PCI list
Greece’s Independent Power Transmission Operator (ADMIE) and the Transmission System Operator of Italy (Terna) are jointly submitting a request for the inclusion of the new electricity interconnection between Greece and Italy (GR.ITA II) in the second List of Projects of Mutual and Common Interest (PCI/PMI) of the European Union, in the context of the presentation of the candidate PCI/PMI projects to be held in Brussels on Thursday.
Bank of Cyprus secures investment grade again
Fitch Ratings has upgraded Bank of Cyprus to investment grade,
Do we age steadily, or in bursts?
For many people, aging feels like it happens in stops and starts. After a period of smooth sailing, one day, seemingly out of the blue, you have achy knees.
Moody’s upgrades credit ratings of Alpha Bank and Piraeus Bank
Moody’s upgraded the credit ratings of Alpha Bank and Piraeus Bank on Tuesday, following the upgrade of the Greek government’s credit rating to investment grade Baa3 from Ba1 last Friday.
Cultural institutions
Cultural institutions and organizations are not public utility companies. The National Gallery, the National Theater, the National Opera must operate transparently, but their work cannot be subject to hierarchical control.
Police raid on shipping family estates uncovers suspected antiquities
A police raid on properties belonging to the prominent Papadimitriou shipping family in Schoinoussa and Attica uncovered five antiquities and nine religious icons suspected of falling under Greek heritage protection laws.
Hospital workers to strike on Wednesday
Hospital workers will stage a 24-hour strike in provincial areas and a work stoppage in Attica from 8 a.m. to 3 p.m. on Wednesday, demanding better wages and staffing.
ATHEX: Turnover and mid-caps carry index
Tuesday saw increased action at the Greek stock market, with the benchmark continuing its advance.
Italian model by Piraeus Bank
Piraeus Bank is seeks to develop an Italian model through the acquisition of Ethniki Insurance.
Beatles Tribute | Athens | March 28
The Beatles Live Tribute Band will perform at Kyttaro (48 Ipirou) on March 28.
Flourishing construction firms grabbing investor interest
The construction industry is making its grand comeback to Greece’s business scene.