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Borrell: EU set to reach agreement on new sanctions proposal on Wednesday

Borrell: EU set to reach agreement on new sanctions proposal on Wednesday European Union governments are set to reach agreement on Wednesday on proposals for new sanctions against Russia over its invasion of Ukraine, EU foreign policy chief Josep Borrell said. EU governments, grouped together as the Council, have been debating an eighth round of […]

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Real estate: Shop rents have yet to reach 2019 levels

Real estate: Shop rents have yet to reach 2019 levels At a time when housing rents are flying to the roof, rents for shops in the popular commercial squares of Attica and Thessaloniki seem to have not yet managed to make up for the losses of the pandemic. However, demand for renting commercial space in […]

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English Edition

Cypriot growth to reach 5.5% this year

Cypriot growth to reach 5.5% this year Cyprus’ economy is forecast to grow by 5.5% in 2022 on better-than-expected tourism arrivals, although the outlook is tempered by energy market turbulence which will sap demand later in the year, the island’s Central Bank said on Thursday. Updated projections of economic output were 2.8 basis points higher […]

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English Edition

Temperatures to reach 36 Celsius in Greece over the weekend

Temperatures to reach 36 Celsius in Greece over the weekend Regions of Greece will experience rising temperatures, according to the National Observatory of Athens, protothema.gr reports. The temperatures are expected to range in Western Macedonia from 12 to 33 degrees Celsius, in the rest of Macedonia and Thrace from 14 to 34, in Thessaly from […]

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English Edition

Hotel occupancy rates reach 90% in Mykonos

Hotel occupancy rates reach 90% in Mykonos Hotel occupancy rates reached 90% in Mykonos in September, the same as in July and August, with arrivals expected to exceed 2019 levels, Andreas Ferentinos, head of New Democracy party tourism sector and former president of Mykonos hoteliers said on Tuesday. Ferentinos said that arrivals in Mykonos airport […]

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English Edition

Hotel occupancy rates reach 90% in Mykonos island during September

Hotel occupancy rates reach 90% in Mykonos island during September Hotel occupancy rates reached 90% in Mykonos in September, the same as in July and August, with arrivals expected to exceed 2019 levels, Andreas Ferentinos, head of the New Democracy party tourism sector and former president of Mykonos hoteliers said on Tuesday, ANA reports. Ferentinos […]

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English Edition

Greek tourism revenues to reach €20 bln this year

Greek tourism revenues to reach €20 bln this year Tourism in Greece is on track to yield record high revenues this year, exceeding pre-pandemic levels, according to local officials, industry experts and analysts. “2022 has been an amazing year for Greek tourism… I’m very happy to say that both branded and alternative destinations, on both […]

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English Edition

Luxury realty purchases reach unprecedented levels

Luxury realty purchases reach unprecedented levels Luxury real estate sales in Greece are breaking one record after another this year, according to Greece Sotheby’s International Realty. The specialized agency reports record-high sales figures in traditional areas of high interest such as Mykonos as well as in other parts of the country, such as Syros and […]

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English Edition

Lightning ignites four fires on Rhodes

Lightning ignites four fires on Rhodes Four fires, which however did not reach alarming dimensions, were caused by a series of lightning strikes in a mountainous area of the southeastern Aegean island of Rhodes on Wednesday at noon. According to state broadcaster ERT, the fires broke out in the wider area of the Thari Monastery […]

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English Edition

Greek power subsidies to reach 1.9 billion euros in September, energy minister says

Greek power subsidies to reach 1.9 billion euros in September, energy minister says Greece will subsidize power bills in September at a cost of 1.9 billion euros, Energy Minister Kostas Skrekas said on Tuesday, extending financial support introduced in 2021 to protect consumers from soaring energy prices. The new subsidies, which will be incorporated into […]

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English Edition

Coast guard says 71 migrants on board third vessel to reach Kythira

Coast guard says 71 migrants on board third vessel to reach Kythira Seventy-one migrants were aboard the ship that ran aground on Kythira on Thursday, the coastguard has said. The sailboat, which was the third such vessel with migrants to reach the island since Wednesday, was carrying 52 men, 7 woman and 12 minors. Seven of […]

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English Edition

High temperatures in the next three days in Greece; to reach up to 41C

High temperatures in the next three days in Greece; to reach up to 41C High temperatures are expected to prevail in Greece in the next three days starting from today (Thursday) and will continue on Friday, according the National Meteorological Service (EMY). On Saturday temperatures will drop slightly in western and northern Greece but will […]

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English Edition

170 Migrants Reach Greece in Sailboats, Suspected Smugglers Arrested

170 Migrants Reach Greece in Sailboats, Suspected Smugglers Arrested 170 Migrants Reach Greece in Sailboat, Turkish Citizens Arrested. Credit: Hellenic coast guard. (Archive picture) Three Turkish citizens were arrested on charges of human trafficking as a total 170 undocumented migrants in two sailing boats reached the shores of the island of Kythera, Greece, on Wednesday. […]

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English Edition

Two sailboats carrying dozens of migrants reach Kythira

Two sailboats carrying dozens of migrants reach Kythira Two sailboats carrying dozens of migrants arrived on a southern Greek island early Wednesday, with the first one running aground on rocks. Nobody was reported injured or missing. The coast guard said the first sailboat, which ran aground on the southern coast of Kythira early Wednesday, had […]

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English Edition

Greece Travel Αrrivals Reach One Million Per Week In August

Greece Travel Αrrivals Reach One Million Per Week In August Greece will be welcoming one million travelers every week this period of summer, Tourism Minister Vassilis Kikilias said in an interview with Athens-Macedonian News Agency (AMNA) on Sunday. In July, travel arrivals exceeded 900,000 per week, he said, and added that nobody can doubt the […]

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English Edition

Temperatures to reach 40C in Greece in the next few days

Temperatures to reach 40C in Greece in the next few days The warm aerial masses from Western Europe and the coast of North Africa moving towards Greece will bring a spike in temperatures over the next few days in the greater part of the country, ANA reports. The National Meteorological Service has issued an emergency […]

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English Edition

Russia Declares Greece “Unfriendly” Country

Russia Declares Greece “Unfriendly” Country Relations between Russia and Greece reach a new low. Credit: Pavel Kazachkov/cc2/wikipedia Russia included Greece in the list of unfriendly countries on Friday due to its stance on the Russian invasion of Ukraine. Moscow expanded the list of “unfriendly” states, also adding—apart from Greece—Denmark, Slovenia, Croatia, and Slovakia. Slovenia and […]

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English Edition

Crucial week for salaries in Cyprus

Crucial week for salaries in Cyprus The Cypriot government intends to reach an agreement in principle by Friday on the introduction of the minimum wage, after the planned meetings between Labor Minister Kyriakos Kousios and employers and trade unions. On Thursday, the minister will have separate meetings with each trade union and employer organization in […]

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English Edition

Penteli wildfire: 600 citizens evacuated – winds reach 80 kilometers

Penteli wildfire: 600 citizens evacuated – winds reach 80 kilometers The suburbs of Penteli, Gerakas and Pallini are going through an unfolding hellish inferno due to the ongoing uncontrolled firestorms. A little after 6:30 in the morning, the representative of the Fire Department, Giannis Artopios, reported on the progress of the fire, as well as […]

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English Edition

Pentagon and Lockheed reach deal to build 375 F-35s; Greece a potenital customer

Pentagon and Lockheed reach deal to build 375 F-35s; Greece a potenital customer The US Department of Defense agreed with Lockheed Martin Corp to build about 375 F-35 fighter jets over three years, the two parties said on Monday, amid expectations the price of the most common version of the aircraft would increase due to […]

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English Edition

Scorching Temperatures Not Predicted Until 2050 Are Happening Now

Scorching Temperatures Not Predicted Until 2050 Are Happening Now High temperatures predicted to reach England and France in 2050 are happening now during Europe’s heatwave, breaking some meteorologists’ long-range models. Record-high temperatures not predicted to hit England and France until 2050 are happening now, as Europe’s latest heatwave continues to scorch the continent and shatter […]

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Brussels sees growth reach 4%

Brussels sees growth reach 4% The Finance Ministry is guardedly optimistic about the course of the Greek economy in the wake of a European Commission estimate for growth of 4% in 2022, against 3.1% predicted by the government. Ministry officials say the targets in the medium-term plan will not be revised now, but in October […]

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English Edition

PPC and J.P. Morgan reach overdue bills agreement

PPC and J.P. Morgan reach overdue bills agreement Public Power Corporation, Greece’s biggest power utility, and J.P. Morgan have agreed to amend terms in a deal for the securitization of overdue bills up to two months, PPC said this week. The amendment aimed to increase the senior commitment amount to 300 million euros from €200 […]

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English Edition

Tsitsipas wriggles out of trouble to reach Wimbledon second round

Tsitsipas wriggles out of trouble to reach Wimbledon second round Stefanos Tsitsipas snapped his first-round hoodoo at Wimbledon when he ended Swiss qualifier Alexander Ritschard’s first Tour-level match with a 7-6(1) 6-3 5-7 6-4 win on Tuesday. The Greek fourth seed had perished in the opening round on his last two visits to the All […]

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English Edition

Illegal migrant crossing attempts on the rise

Illegal migrant crossing attempts on the rise Hundreds of migrants attempted to reach the islands of the eastern Aegean en masse with inflatable boats from Friday until early Monday morning, according to data released by the Hellenic Coast Guard headquarters. More specifically, more than 1,100 migrants boarded inflatable boats on Turkish shores and tried to move […]

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English Edition

KEDIPES inflows reach €1.34 bln

KEDIPES inflows reach €1.34 bln Cumulative cash inflows since the beginning of the operations of the Cyprus Asset Management Company (KEDIPES) reached 1.34 billion euros in the first quarter of the year, the state asset utilization fund announced. Source : Newsroom Σύνδεσμος

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Εthnika

«Eurosatory 2022»: Η Γαλλία παρουσίασε την έκδοση ειδικών επιχειρήσεων FS του ελικοπτέρου NH-90

Στη διεθνή έκθεση «Eurosatory 2022» οι Γαλλικές Ένοπλες Δυνάμεις παρουσίασαν το NH-90FS, την έκδοση ειδικών επιχειρήσεων του μεταφορικού ελικοπτέρου NH-90. Η Γαλλία θα τροποποιήσει τουλάχιστον 10 από τα 74 NH-90 που διαθέτει στην έκδοση ειδικών επιχειρήσεων. Η μετατροπή των ελικοπτέρων εντάσσετε στο εξοπλιστικό πρόγραμμα 2019-2025. Οι παραδόσεις τους θα γίνουν σε δύο παρτίδες των πέντε […]

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English Edition

Inflation highest since 1994

Inflation highest since 1994 Inflation made a new leap in May to reach 11.3%, as price increases are continuing and now mainly concern the key aspects of the family budget, namely energy and food expenditure. The price of gas has almost tripled compared to last year, while the 12.1% increase in food prices means a […]

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English Edition

Larissa makes Panathinaikos work hard to reach the Basket League finals

Larissa makes Panathinaikos work hard to reach the Basket League finals Olympiakos and Panathinaikos will face off in the Basket League finals starting this weekend, having taken very different routes to their first such clash in four years. It was back in 2018 that the two giants of Greek basketball last met in the Basket […]

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English Edition

RES targets out of Greek reach

RES targets out of Greek reach The targets the European Commission is setting for the development of renewable energy sources in Europe appear elusive for Greece, with the local market arguing that only a strict and resourceful plan such as that in the run-up to the Athens 2004 Olympics could meet Brussels’ requirements. In order […]

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