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Wednesday

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ECB will try to regulate crypto assets

ECB will try to regulate crypto assets The European Central Bank (ECB) said on Wednesday it would harmonize how banks offer crypto assets to ensure they have enough capital and expertise in a sector some European Union lawmakers have described as the Wild West. Several crypto companies such as Binance and Crypto.com have been authorized […]

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ECB steps in as banks dip toes in crypto pool

ECB steps in as banks dip toes in crypto pool The European Central Bank (ECB) said on Wednesday it would harmonize how banks offer cryptoassets to ensure they have enough capital and expertise in a sector some European Union lawmakers have described as the Wild West. Several crypto companies like Binance and Crypto.com have been […]

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Fire breaks out in southeast Mani

Fire breaks out in southeast Mani A fire broke out on Wednesday near the village of Lagia in southeast Mani in the Peloponnese. The Fire Service said 14 firefighters with five municipal water trucks and two water dropping aircraft are operating in the area. No homes are currently at risk from the fire which is […]

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Temperature rising again

Temperature rising again Temperatures are set to rise again on Wednesday across almost the entire country, reaching up to 38 degrees Celsius in Attica. According to the National Observatory of Athens, the temperature in Western Macedonia will hit a high of 33 degrees, and in the rest of northern Greece 36-37C.  It will rise to […]

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Temporary relief

Temporary relief On Wednesday, the state-of-the-art Abdulhamid Han drilling ship sailed from the port of Mersin in southern Turkey to conduct hydrocarbons exploration in the Eastern Mediterranean. Athens breathed a sigh of relief when, during the inauguration ceremony, Turkish President Recep Tayyip Erdogan announced that the drilling would be carried out on the boundary of […]

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Enhanced surveillance ends

Enhanced surveillance ends The European Commission announced Wednesday that it is winding up years of surveillance of Greek government spending. The move marks a formal end to a major crisis that threatened to see Greece ejected from the euro single currency group, imposed severe hardship on its citizens and roiled global financial markets. The Commission, […]

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Messini man arrested for acid attack on ex-wife to face prosecutor

Messini man arrested for acid attack on ex-wife to face prosecutor A 50-year-old man arrested on Wednesday for an acid attack on his former wife in a street of Messini, western Peloponnese, is expected to appear before a prosecutor on Thursday.  The suspect, who wore a mask, approached the 49-year-old woman in the early hours […]

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Police hunt failed robbers in Lamia

Police hunt failed robbers in Lamia Police launched a manhunt on Wednesday in the city of Lamia, central Greece for the four people who attempted an armed robbery at a department store. The perpetrators entered the store and started shouting at staff to give them the money that was in the safe and cash registers, […]

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Very high risk of fire in five Greek regions including Attica on Wednesday

Very high risk of fire in five Greek regions including Attica on Wednesday There is a very high (category 4) fire risk for the regions of Attica, Sterea Ellada (mostly Viotia and Evia), the Peloponnese (mostly Argolida and Corinth), Eastern Macedonia and Thrace (mostly Evros) and northern Aegean (mostly the island of Chios) on Wednesday, […]

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Wiretapping case: The phone data that triggered developments

Wiretapping case: The phone data that triggered developments On Wednesday, August 3, a few days after PASOK leader Nikos Androulakis claimed that an attempt had been made to bug his phone with the illegal Predator spyware, the Hellenic Authority for Communication Security and Privacy (ADAE) convened for a meeting. That meeting agreed to establish a […]

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Dolphins thriving in Gulf of Evia

Dolphins thriving in Gulf of Evia Drone footage released on Wednesday by videography team Up Stories, shows a sizable pod of dozens of young, adolescent and adult dolphins swimming off the coast of Theologos in Fthiotida in the Gulf of Evia. Populations of dolphins and other sea creatures in the broader vicinity have benefited from […]

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Piraeus loan portfolio expands

Piraeus loan portfolio expands Piraeus Bank on Wednesday reported lower net earnings in April-to-June compared to the first quarter on comparatively lower trading income, but raised its guidance for the full year as new loan disbursements topped targets. Greece’s fourth-largest lender by market value reported net earnings from continued operations of 92 million euros ($94 […]

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High fiscal impact from heatwaves and forest fires

High fiscal impact from heatwaves and forest fires Moody’s on Wednesday issued a warning on the fiscal effects of climate change, arguing that fires and droughts will boost inflation and government spending, hurt tourism and slow growth, developments that are credit-negative for more exposed countries, such as Greece. The recent weeks of high temperatures and […]

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New barrage of Turkish accusations

New barrage of Turkish accusations Ankara upped the ante with Athens again on Wednesday, with Foreign Minister Mevlut Cavusoglu employing harsh rhetoric while announcing that Turkey has prepared new letters of complaint against Greece that it plans to send to the five permanent members of the United Nations Security Council and to the European Union. […]

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Nine arrested on arson charges

Nine arrested on arson charges The Hellenic Fire Service said on Wednesday that since July 22, nine individuals – eight men and one woman – had been arrested by fire investigators on charges of arson with intent or through negligence. It also said that in the last week alone, it was called upon to deal […]

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Greece and Saudi Arabia ink 16 business deals in Athens on Wednesday

Greece and Saudi Arabia ink 16 business deals in Athens on Wednesday The signing of 16 business deals and cooperation memoranda between Greece and Saudi Arabia in Athens signals “a special moment in Greece’s relationship with Saudi Arabia,” said Deputy Foreign Affairs Minister for Economic Diplomacy & Openness Kostas Fragogiannis on Wednesday, ANA reports. The […]

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Cyprus sees drop in fuel sales

Cyprus sees drop in fuel sales Cyprus’ Statistical Service (CyStat) on Wednesday reported a total decrease of 6.8% in the sale of oil products in June, falling to 55,061 tons. Total sales of gasoline for June were down 5.9%, while diesel sales were down 10.4%. Large decreases were also observed in asphalt sales, which recorded […]

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Signing of business deals between Greek and Saudi companies on Wednesday

Signing of business deals between Greek and Saudi companies on Wednesday The signing of agreements between Greek and Saudi private business groups in the fields of maritime transport, aquaculture, waste management, culture, food, and agricultural products, construction, and defense technology will seal a high-level business meeting on Wednesday at the Grande Bretagne hotel, which is […]

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Wildfire rages near Athens as hundreds evacuated

Wildfire rages near Athens as hundreds evacuated Hundreds of firefighters on Wednesday battled a wildfire that raged for a second day in mountains near Athens, burning homes and cars and forcing the evacuation of at least nine settlements and a hospital. Gale-force winds and thick smoke in the Penteli region hindered fire-fighting efforts from the […]

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Weather forecast: Mostly fair on Wednesday

Weather forecast: Mostly fair on Wednesday Mostly fair weather and northerly winds are forecast for Wednesday. Wind velocity will reach 8 on the Beaufort scale. Temperatures will range from 19C to 34C in the northern parts of the country, 22C-35C in the western parts and 20C to 35C in the eastern parts. Sunny in the […]

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Air taxis to come to Greece by 2026

Air taxis to come to Greece by 2026 Orama Ventures announced on Wednesday that a group of leading global players in the aviation, tourism and hospitality, construction and investment sectors has formed a consortium to develop the required infrastructure for the entry and operation of eVTOL (Electric, Vertical Take Off and Landing) in Greece, until […]

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ATHEX: Benchmark recovers to clear 800 pts

ATHEX: Benchmark recovers to clear 800 pts The Greek stock market got the push it needed on Wednesday to clear the 800-point bar, even without support from the banking sector. The Public Power Corporation (PPC) rebound of almost 5% was instrumental to the advance of the benchmark. Rising stocks edged out losing ones, though turnover […]

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Lignadis’ 12-year sentence for rape suspended pending appeal

Lignadis’ 12-year sentence for rape suspended pending appeal An Athens court on Wednesday suspended a 12-year jail sentence for former actor and director Dimitris Lignadis, who had earlier been found guilty by the same panel in two out of four counts of rape. The accused was convicted of raping two men when they were minors, […]

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EU rule of law report decries situation in Poland, Hungary

EU rule of law report decries situation in Poland, Hungary The European Union’s executive on Wednesday decried the rule of law situation in Poland and Hungary, centering on perceived breaches in their judiciary and media in its annual report. As it comes against the background of Russia’s invasion of Ukraine , the European Commission said […]

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Weather forecast: Mostly fair on Wednesday (13/7/2022)

Weather forecast: Mostly fair on Wednesday (13/7/2022) Mostly fair weather and northerly winds are forecast for Wednesday. Wind velocity will reach 6 on the Beaufort scale. Scattered clouds in northern parts of the country with temperatures ranging from 15C to 31C. Mostly fair in the western and eastern parts with temperatures between 18C and 32C. […]

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Dawn attack against police seen as retaliation for jailed self-styled anarchist

Dawn attack against police seen as retaliation for jailed self-styled anarchist On Wednesday a group of self-styled anarchists launched a dawn raid on riot police in the Exarchia district of Athens and detonated an incendiary device at the entrance to the apartment building where New Democracy MP Babis Papadimitriou lives. The attack was claimed to […]

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EU Parliament to vote on ‘green’ gas and nuclear rules

EU Parliament to vote on ‘green’ gas and nuclear rules The European Parliament will decide on Wednesday whether to block or accept an EU law labelling investments in gas and nuclear power plants as climate-friendly, which has exposed deep rifts between countries over how to fight climate change. The parliament will decide whether to veto […]

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Joint Greece-Jordan Committee convenes Wednesday

Joint Greece-Jordan Committee convenes Wednesday The Joint Greece-Jordan Committee for Economic, Cultural and Technical Cooperation, chaired by Deputy Foreign Minister for Economic Diplomacy and Openness Kostas Fragogiannis and the Kingdom of Jordan’s Secretary-General for Trade, Industry and Supplies Dana Al-Zoubi, will convene on Wednesday in Athens. It is the fifth meeting of the committee, 16 […]

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Greece to auction T-bills on Wednesday

Greece to auction T-bills on Wednesday The Public Debt Management Agency will auction this Wednesday 13-week treasury bills worth 625 million euros. The T-bills will mature on October 7, 2022 and the settlement date will be this Friday. Source : Newsroom Σύνδεσμος

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EU proposes ban on flavored heated tobacco products

EU proposes ban on flavored heated tobacco products The European Commission on Wednesday proposed a ban on the sale of flavored heated tobacco products as part of its plan to fight cancer. The EU’s executive branch said its proposal comes in response to a significant increase in the volume of such products sold across the […]

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