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Strong

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EU energy cuts prompt strong reactions

EU energy cuts prompt strong reactions Greek energy-intensive industries are preparing a line of defense against the European Union proposals for a mandatory reduction in electricity consumption after the mandatory natural gas ceiling. Kathimerini understands that an intervention on the question of the effects of the EU measures on domestic energy-intensive industries is expected to […]

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UAE economy minister sees strong investment interest in Greece

UAE economy minister sees strong investment interest in Greece The 4.0-billion-euro joint investment fund agreed last May between Greece and the United Arabs Emirates (UAE) is expected to stimulate significant investment interest from the UAE, its economy minister has told the Athens-Macedonian News Agency. Speaking from the Thessaloniki International Fair (TIF), where he headed the […]

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United Arab Emirates Economy Minister sees strong investment interest in Greece

United Arab Emirates Economy Minister sees strong investment interest in Greece The 4.0-billion-euro joint investment fund agreed upon last May between Greece and the United Arabs Emirates (UAE) is expected to stimulate significant investment interest from the UAE in several sectors, such as renewable energy sources, infrastructure, agriculture, technology, health care, and life sciences, UAE […]

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Satisfied officers, strong navy

Satisfied officers, strong navy Greece has always relied on a powerful navy, but it is an advantage that does not just mean having a lot of ships, but also the people to man them. Speaking at the Thessaloniki International Fair last weekend, the prime minister announced an important new subsidy for navy personnel serving on […]

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IATA: July aviation passenger demand remains strong

IATA: July aviation passenger demand remains strong The International Air Transport Association (IATA) announced passenger data for July 2022 showing that the recovery in air travel continues to be strong. Total traffic in July 2022 (measured in revenue passenger kilometers or RPKs) was up 58.8% compared to July 2021. Globally, traffic is now at 74.6% […]

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PASOK leader Androulakis asks for strong mandate to restore stability

PASOK leader Androulakis asks for strong mandate to restore stability Opposition PASOK-Movement for Change party leader Nikos Androulakis on Friday underlined that PASOK has been consistent and up-front and “is not afraid of anything”. “This case (the phone tapping) will be taken to the end because it is a matter of democracy and national security,” […]

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‘Air bridge’ for German tourists

‘Air bridge’ for German tourists The strong demand from Germany for trips to Greece, along with the severity of the energy crisis and the low winter temperatures in Northern Europe create the conditions for the formation of an “air bridge” between the two countries in the coming months: The plan foresees Greek hotels hosting Northern […]

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Strong winds stoking large blaze on Kythira

Strong winds stoking large blaze on Kythira Firefighters were battling strong winds as they tried to bring a large blaze under control on the island of Kythira, off the southeastern tip of the Peloponnese, on Tuesday. According to the Fire Service, the blaze started in dense woodland stretching between Agia Pelagia, a seaside village on […]

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Strong winds keep ferryboats tied at ports

Strong winds keep ferryboats tied at ports Powerful winds blowing in the Aegean Sea and other parts of the country caused delays and cancellations at the Greek capital’s ports on Tuesday, leaving many islands cut off from the mainland. At the country’s biggest port, Piraeus, a ban prevented ferries from sailing to the islands in […]

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Thessaloniki lashed by fierce storm

Thessaloniki lashed by fierce storm A strong weather front hit the northern port city of Thessaloniki on Monday morning causing severe flooding, the uprooting of trees, power outages, and stranding inhabitants. The city’s fire service received 780 calls and assisted by helping pump waters 58 times, cutting down five trees, and rescuing stranded seven inhabitants. […]

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Strong demand for mortgages

Strong demand for mortgages Demand for housing loans has continued unabated after the January-June semester, as after a long lull over previous years, households are scrambling to meet their housing needs while securing the long-term low fixed interest rates that apply today. Investing in real estate is not only a timeless characteristic of Greeks, but […]

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Strong rhetoric by Bahceli over S-300 incident

Strong rhetoric by Bahceli over S-300 incident Turkish President Recep Tayyip Erdogan’s nationalist ally and governmental partner Devlet Bahceli stoked tensions on Monday when referring to an alleged incident on Sunday where Greek missile defense systems are supposed to have locked on to Turkish fighter jets in the Aegean, something Greece denies. “Stop pursuing this […]

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Greece Sees Strong Rebound in Summer Tourism

Greece Sees Strong Rebound in Summer Tourism Experts believe that tourism receipts in 2022 could surpass the 2019 record. Santorini. Credit: Dimitra Damian/Greek Reporter Greece’s tourism sector is witnessing a robust comeback, pointing to a record year that may surpass pre-pandemic levels, Tourism Minister Vassilis Kikilias said. In an interview with the newspaper Kefalaio on […]

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Brief but strong rainstorms flood streets and homes in Athens and northern Greece

Brief but strong rainstorms flood streets and homes in Athens and northern Greece The short but intense spells of rain and thunderstorms on Monday night and Tuesday led to the flooding of major streets around Athens and in Thessaloniki, and trees being uprooted in northern Greece, ANA reports. In Ptolemaida in northern Greece and nearby […]

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Greek tourism: Strong performance presages extension of tourist season

Greek tourism: Strong performance presages extension of tourist season August started dynamically in terms of tourism figures, as, despite the difficult conditions, there was a 17% increase in arrivals on the islands of the Southeastern Aegean in the first 7 days, compared to the same period in 2019, as recently stated by the Greek Tourism […]

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Belief in heaven and hell still strong, survey shows

Belief in heaven and hell still strong, survey shows Almost one in two (44.3%) Greek respondents in the World Values Survey (WVS) said they believe hell exists. The latest poll, which began in 2017 and ended in 2021, was part of a global project that has been around since 1981. Almost 82% of Greek respondents […]

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Strong first-half gains for bottler Coca-Cola HBC

Strong first-half gains for bottler Coca-Cola HBC Bottler Coca-Cola HBC saw sales volume, income and operational profit (EBITDA) grow strongly in the first half of the year. The company results were helped by continued streamlining of operational costs, but also by increased consumption outside homes as Covid-19 pandemic restrictions were gradually lifted. Net sales revenue […]

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Dominican Republic among UNWTO members recording strong tourism rebound

Dominican Republic among UNWTO members recording strong tourism rebound UNWTO has warmly welcomed the first data on summer arrivals from its Member States. As international travel returns in many parts of the world, several Members are starting to report strong numbers both for arrivals and tourist spending. This is in spite of the fact the […]

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The right priorities

The right priorities A tough winter lies ahead, but the country is not without its defenses. The strong performance of the tourism industry leaves some room for measures designed to protect the more vulnerable members of society. However, adopting a lax attitude that would channel funds on the basis of political expediency ahead of elections […]

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PM: Country facing ‘strong winds’

PM: Country facing ‘strong winds’ Prime Minister Kyriakos Mitsotakis insisted on Tuesday that the government will “continue to exhaust the fiscal margins of the state budget in order to support citizens to cope with this ‘invasion’ of imported inflation and the impact it is having.” Speaking shortly before concluding his visit to Argostoli on the […]

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UNWTO: Global tourism consolidates strong recovery amidst growing challenges

UNWTO: Global tourism consolidates strong recovery amidst growing challenges international tourism continues to show signs of a strong and steady recovery from the impact of the pandemic despite significant mounting economic and geopolitical challenges. According to the latest UNWTO World Tourism Barometer, international tourism saw a strong rebound in the first five months of 2022, […]

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The Italian danger

The Italian danger The case for snap polls was strong, especially as the country seemed to have entered a possibly prolonged pre-election period, with the government bearing much of the blame for this. However, the events that have taken place in Italy recently show us how dangerous political instability is. Apart from everything else, the […]

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Old Greek grape varieties making strong comeback

Old Greek grape varieties making strong comeback A silent wine revolution has been taking place in Greece in recent years as old native grape varieties, which for decades were supplanted by the fashion and convenience of French varieties, are now being cultivated again. These varieties are finding their way back to the market in Greece […]

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ATHEX: Strong gains on fourth day of advance

ATHEX: Strong gains on fourth day of advance The explosive mix of the resumption of Russian gas transmission in central Europe, the Italian government crisis and the 50-basis point hike of the European Central Bank’s reference rates saw the Greek stock market rise for a fourth consecutive session, a sequence unseen in the last couple […]

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Accommodation takings in May show strong recovery

Accommodation takings in May show strong recovery Turnover in the accommodation sector topped half a billion euros for the first May since 2019, a further indication of the record revenues expected this year from increased tourism traffic.  Food service also showed increased revenues compared to the last May before the pandemic, in 2019. In both sectors, […]

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Penteli blaze burning closer to houses, as people are evacuated in several areas

Penteli blaze burning closer to houses, as people are evacuated in several areas Strong winds are fanning the Attica wildfire that is blazing at Mt. Pentelikon’s broader massif, the Fire Brigade’s spokesperson Giannis Artopios said on Tuesday night. A mammoth firefighting force is being put together including reinforcements from the regional authorities of central and […]

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Wildfire blazing in Drafi, at Mt. Penteli in Athens

Wildfire blazing in Drafi, at Mt. Penteli in Athens Strong firefighting forces are operating against a wildfire that broke out in the area of Drafi, at Mt. Penteli in Athens late afternoon Tuesday, said the Fire Brigade. Some 78 firefighters with 22 fire engines, 5 ground teams, alongside 28 Romanian firefighters with 3 water tanks, […]

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House prices keep climbing

House prices keep climbing The strong upward trend of sale and rental prices for houses continued in the second quarter of the year, data from the Spitogatos Property Index (SPI) has shown. The largest annual increase in sales prices in Attica was recorded in the suburb of Egaleo (20.3%), followed by Kallithea, where the annual […]

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OAG survey: U.S. travel demand remains strong for 2022 despite inflation

OAG survey: U.S. travel demand remains strong for 2022 despite inflation The U.S. travel market is holding strong for now despite skyrocketing costs, flight cancellations, and growing recession concerns, according to OAG’s latest survey, https://finance.yahoo.com reports. The report, carried out in April and May of 2022 via OAG’s flight tracking app, FlightView, offers timely insights […]

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Turkey claims draw strong reactions

Turkey claims draw strong reactions A map presented by Turkey’s junior coalition partner Devlet Bahcelli showing a large number of the Greek islands as Turkish has drawn a strong response from Athens’ partners and allies, with a State Department spokesman insisting that “the sovereignty and territorial integrity of Greece is not in question.” “Our position […]

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