Fitch Ratings on Friday affirmed Greece’s credit rating at “BB” with a positive outlook, the same as the previous rating in January. That rating stands two notches below investment grade, which Greece has not achieved [Read More]
The Gas Interconnector Greece-Bulgaria (IGB) natural gas pipeline connecting the two neighboring countries was inaugurated on Friday in the city of Komotini in northern Greece, the Greek national news agency AMNA reported. The 182-km new [Read More]
Greece’s annual inflation rate reached 12.1 percent in June, hitting a 30-year record high in the country, the Hellenic Statistical Authority (ELSTAT) said on Friday. The figure was up 0.8 percentage points from that in [Read More]
Half of the households in Greece are struggling to meet their energy needs in recent months, according to the results of a survey released on Saturday. The survey carried out by Kapa Research in May [Read More]
Greece is offering a second COVID-19 booster shot for people aged 30 and above beginning next week. According to Greek national news agency AMNA, the country’s vaccination authorities reiterated a “strong recommendation” that those aged [Read More]
The Italian capital on Wednesday hosted the first-ever Mediterranean Ministerial Dialogue on the Food Security Crisis, which ended with an agreement between representatives of more than two-dozen countries to work together to combat rising costs [Read More]
Inflation in the eurozone in May reached its highest annual level since the creation of the common currency, with consumer prices rising a whopping 8.1 percent, Eurostat, the statistical office of the European Union (EU), [Read More]
Greece reopened a 10-year bond on Monday, drawing 500 million euros (533 million U.S. dollars) in a bid to expand the liquidity of this benchmark issue, and securing demand more than three times the amount [Read More]
The recent massive increases in energy and animal feed prices caused by the Ukraine crisis have put an unbearable burden on livestock farmers across Greece, making their business barely viable. While tending to his sheep, [Read More]
Between 2016 and 2020, Greece allocated 83.95 percent of its total state expenditure on fighting wildfires and only 16.05 percent on preventing them, the environmental organization WWF Greece told an online press conference on Thursday. [Read More]
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