Tagged: Greece

Job vacancy numbers soar

As the Hellenic Statistical Authority (ELSTAT) reported an increase in job vacancies in the third quarter of the year, experts say that joblessness in Greece is down to structural unemployment. The number of vacancies in Q3 posted annual growth of 24.3 percent, up to 15,689 this year against 12,626 in 2015. On a quarterly basis, […]

Weather Forecast: Clouds and cold

Clouds and low temperatures are forecast for Friday. Northerly winds will reach 8 on the Beaufort scale. Mostly fair in the northern and western parts of the country with temperatures ranging from -03C to 10C. Light rain or sleet in the eastern parts with temperatures between 02C and 10C. Rain over the Aegean islands and […]

EIB launches 1 bln euro investment fund in Greece

The European Investment Bank (EIB) launched a one billion euro credit line to Greek banks on Thursday to be channeled to small and medium-sized companies and firms promoting youth employment. The first agreements with commercial lenders Alpha Bank , Eurobank, National Bank of Greece and Piraeus Bank were signed in Athens on Thursday for 400 […]

Weather Forecast: Light rain or sleet

Clouds, sleet and northerly winds are forecast for Thursday. Wind velocity will reach 8 on the Beaufort scale. Partly cloudy in the northern parts of the country with temperatures ranging from -04C to 09C. Mostly fair in the western parts with temperatures between 02C and 13C. Light rain or sleet in the eastern parts and […]

Weather Forecast: Mostly fair

Partly cloudy and northerly winds are forecast for Tuesday. Wind velocity will reach 5 on Beaufort scale. Mostly fair in the northern part of the country with temperatures ranging from -04C to 11C. Partly cloudy in the western and eastern parts of the country with temperatures between -02C-15C. Partly cloudy over the Aegean islands and […]

Bill on “plastic money” to usher in new system for tax-free allowance

The draft bill tabled in Parliament last week will usher in a new way for tax-payers to “build up” their tax-free allowance as of January 1, 2017, exclusively through the use of debit and credit cards. Only transactions and purchases using “plastic money” will be taken into account in order to accumulate the necessary limits, […]

Cancer-related deaths on the rise in Greece

One in 10 deaths recorded in Greece in 2014 were due to blood circulation complications, while one in four were due to cancers, according to a report published by the Greek Statistical Authority. In brief, 45,859 people died due to circulation-related illnesses – mainly heart and brain conditions – in 2014, but that was down […]

Weather Forecast: Rain, sleet

Rain, sleet and snow are forecast for Friday. Northerly winds will reach 6 on the Beaufort scale. Sleet or snow in the northern parts of the country with temperatures ranging from -03C to 07C. Partly cloudy in the western parts with temperatures between 02C and 15C. Rain, sleet and snowfall in the mountainous and semi […]

Eurogroup and ESM put short-term debt relief measures on hold

The spokesperson for the Eurogroup President Michel Reijns announced that the institutions have concluded that the actions of the Greek government do not appear to be in line with existing agreement and that certain EU member stated cannot agree on the implementation of short term debt relief measures. As such the measures are out on […]

SSM email halts Piraeus’s CEO selection

Wednesday’s Piraeus Bank board meeting, during which a new chief executive officer was supposed to be elected for the lender, was unexpectedly suspended as an email from the European Central Bank’s Single Supervisory Mechanism (SSM) arrived asking for the process to be stopped so that the two short-listed candidates could be examined further. Piraeus Group […]

Weather Forecast: Rain

Rain and northerly winds are forecast for Thursday. Wind velocity will reach 6 on the Beaufort scale. Rain, sleet and snowfall in the mountainous and semi-mountainous areas of northern Greece with temperatures ranging from -02C to 12C. Partly cloudy in the western parts with temperatures between 02C-16C. Rain in the eastern parts with snowfall in […]

Weather Forecast: Rain and temperature drop

Clouds, rain and drop in temperatures is forecast for Tuesday. Northerly winds will reach 7 on the Beaufort scale. Clouds with a chance of sleet in the northern parts of the country with temperatures ranging from -02C to 10C. Mostly fair in the western parts with temperatures between 03C and 15C. Clouds that will gradually […]

Nanopoulos: Greece ‘may miss the IT revolution’

Greece risks missing out on progress in technology and innovation for political and educational reasons, Dimitri Nanopoulos, a distinguished professor of physics at Texas A&M University, has warned. “In Greece we have not just missed out on the Renaissance, the Enlightenment, and the scientific and industrial revolutions, we are also about to miss the revolution […]

Refugee response in Greece: A flawed system

Conditions in Greek refugee camps have been widely criticized but, given the funding being received by the United Nations and nongovernmental organizations as well as the Greek government, there is no justification for the delays in addressing these problems. Despite its interest in having a clear view and control over the response to the crisis […]