TEHRAN – Iran said last night that an Iranian-flagged tanker carrying the country’s oil, which was seized by Greece in April, has left the Greek waters for its predetermined destination. Making the announcement in a [Read More]
The U.S. dollar weakened in late trading on Wednesday amid a momentum in the euro and the British pound. The dollar index, which measures the greenback against six major peers, fell 0.12 percent to 106.2810. [Read More]
The European Central Bank (ECB) sees growing risks for financial stability in the euro area and warns that the likelihood of a recession is rising there. Presenting the bank’s financial stability review here on Wednesday, [Read More]
The Athens Polytechnic uprising occurred in November 1973 as a massive student demonstration of popular rejection of the Greek military junta of 1967–1974. It began on 14 November 1973, escalated to an open anti-junta revolt, [Read More]
FULL STATEMENT – Below is the full text of an ‘Exceptional Joint statement of Italy, Greece, Malta and Cyprus on the disembarkation of irregular migrants’. Italy, Greece, Malta and Cyprus, as the countries of first [Read More]
European Commissioner for Economy Paolo Gentiloni warned on Friday that the outlook for next year has “weakened significantly,” and that most European Union (EU) countries will be in recession in the fourth quarter of this [Read More]
ATHENS – Greece is aiming for 80 percent production of electricity from renewables by 2030, Energy and Environment minister Kostas Skrekas said here on Thursday. In the current National Energy and Climate Plan, which has [Read More]
Thousands of protesters staged a 24-hour general strike in Athens and other major Greek cities on Wednesday, calling on the government to cope with inflation. The strikes, organized by the unions of Greece’s public and [Read More]
BRUSSELS – The European Union’s (EU) economy has reached a turning point, with forces that were driving growth having “largely faded away,” European Commission Executive Vice-President Valdis Dombrovskis said on Tuesday in Brussels. The first [Read More]
Facing a winter of energy shortages, people across Greece are resorting to cheaper heating sources, such as firewood. Responding to growing demand — which tends to push up prices — several local councils across the [Read More]
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