When private investment fund CVC Capital Partners started talks about possible investments in Greece in 2016, hardly anyone could have imagined that in less than five years its portfolio in Greece would exceed half a billion euros – which may soon top €1 billion.
Supermarkets recorded a 5% annual increase in their turnover during the first week of September, according to IRI Hellas statistics, in contrast to forecasts for a sales slump.
The European Central Bank is considering an extension to its emergency quantitative easing program (PEPP) and the relaxation of its original bond-buying program (QE), according to the Financial Times and the MNI news agency.
Greek President Katerina Sakellaropoulou underlined the unity and solidarity between Greece and Cyprus in the face of Turkish provocations during an official visit to Nicosia on Monday.
The growing second wave of the coronavirus, with AstraZeneca pausing its clinical tests for its vaccine yet again, and the global money-laundering scandal that emerged on Sunday, sent bourse indexes tumbling across Europe on Monday, with the Athens stock market taking significant losses.
The Turkish Directorate of Religious Affairs (Diyanet) is one of the country’s most powerful public institutions. In 2002, when President Recep Tayyip Erodgan’s Justice and Development Party (AKP) rose to power, it employed a staff of 72,000 people. Today it has 130,000 employees.
Travel disruptions are expected this week as Olympic Air announced 58 domestic flight cancellations due to a union strike, while mariners in Piraeus announced a walkout for Thursday.
A 25-year-old Afghan man was remanded in custody in Serres, northern Greece, on Monday after facing a magistrate to answer to charges of sexually molesting a 7-year-old boy, also from Afghanistan.
The United States and Greece have been working more closely than ever in the fields of high technology and innovation. As our cooperation in these fields advances, so do the threats seeking to undermine all we’ve worked to achieve.
Police’s security division on the island of Samos arrested on Sunday three underage men in connection with a fire that started in the island’s reception and identification centre late last night.