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Greek central bank boosts GDP growth forecast for 2023 The Bank of Greece (BoG) said the country's economy is expected to grow by 2.2 per cent in 2023, higher than previous projections. The 2023 state budget, passed in December last year, projected a 1.8 per cent increase in gross domestic product (GDP) growth for this year, reports Xinhua news agency. Despite successive crises, the Greek economy has shown remarkable resilience in recent years, BoG Governor Yannis Stournaras said while presenting his annual report on Friday. This is ...
Greek central bank boosts GDP growth forecast for 2023
Greek central bank boosts GDP growth forecast for 2023
Source: IANS
8/04/2023 2:43:05 PM
Cyprus, Israel, Greece join forces on energy The foreign ministers of Cyprus, Israel and Greece agreed to cooperate more closely on issues including energy, defence, economy and tourism. After their meeting in Nicosia, Constantinos Kombos (Cyprus), Eli Kohen (Israel) and Nikos Dendias (Greece) said that trilateral cooperation on energy is crucial for stability in the region, Xinhua news agency reported. Cyprus and Israel have discovered several natural gas fields, which are currently being developed. "Unlocking the full po...
Cyprus, Israel, Greece join forces on energy
Cyprus, Israel, Greece join forces on energy
Source: IANS
1/04/2023 11:44:39 AM
The European Union Film Festival (EUFF) goes pan-India The European Union Film Festival (EUFF) wrapped off its physical edition in New Delhi on November 13 and launched its virtual version from November 15 through December 15 of 2022. The Indian audience will have access to 35 films in 25 languages, spanning 6 genres, and they may stream them whenever and whenever they want. The virtual avatar of the 27th edition of EUFF will bring to the audience a boutique of 30 days of handpicked, high quality cinema that's curated to delight them. It b...
The European Union Film Festival (EUFF) goes pan-India
The European Union Film Festival (EUFF) goes pan-India
Source: IANS
27/11/2022 12:54:29 PM
Top 10 spots for a perfect I do! Unquestionably, getting married is one of the most romantic days of a person's life because it allows the couple to celebrate their new beginning. The choice of a stunning location for the wedding is one approach to capturing this particular moment in time. From picturesque mountains and sun-kissed beaches to sumptuous palaces, historic forts, and opulent hotels, these locations have everything you need to make your wedding ceremony special. Dubai, UAE Dubai has become the must-v...
Top 10 spots for a perfect I do!
Top 10 spots for a perfect I do!
Source: IANS
20/11/2022 12:23:42 PM
Greece-Bulgaria gas pipeline starts commercial operation The Greece-Bulgaria gas pipeline, the Gas Interconnector Greece-Bulgaria (IGB), started commercial operation, according to ICGB AD, owner and operator of the IGB. The IGB connects with the Greek national gas transmission system and the Trans-Adriatic gas pipeline (TAP AG) in the area of Komotini of Greece, and with the Bulgarian gas transmission system in the area of Stara Zagora of Bulgaria, according to a statement by the operator on Saturday. The total length of the gas pipeline is 1...
Greece-Bulgaria gas pipeline starts commercial operation
Greece-Bulgaria gas pipeline starts commercial operation
Source: IANS
2/10/2022 12:25:12 PM
Greece proposes EU energy fund to address soaring gas prices Greece has proposed the establishment of an 80-billion-euro ($76 billion) fund by the European Union (EU) to collectively deal with the impact of the spike in natural gas prices amid the ongoing energy crisis, the Environment and Energy Ministry said in a statement. Ahead of an emergency Council meeting of the EU Energy Ministers scheduled for this Friday in Brussels, Greek Environment and Energy Minister Kostas Skrekas has sent a letter to Frans Timmermans, executive vice president of the...
Greece proposes EU energy fund to address soaring gas prices
Greece proposes EU energy fund to address soaring gas prices
Source: IANS
28/09/2022 12:44:51 PM
Lebanon, Cyprus, Greece ink deal to strengthen diaspora affairs cooperation Lebanon, Cyprus and Greece have signed a tripartite agreement to strengthen their cooperation on diaspora affairs, the National News Agency (NNA) reported. Lebanon's caretaker Foreign Minister Abdallah Bou Habib, Greece's Deputy Foreign Minister of Diaspora Greeks Andreas Katsaniotis, and Cyprus' Presidential Commissioner for Humanitarian Issues and Overseas Cypriots Fotis Fotiou signed the agreement at Lebanon's foreign ministry, according to NNA on Tuesday. The agreeme...
Lebanon, Cyprus, Greece ink deal to strengthen diaspora affairs cooperation
Lebanon, Cyprus, Greece ink deal to strengthen diaspora affairs cooperation
Source: IANS
14/09/2022 9:41:59 AM
Greek tourism revenues to hit new records this year Tourism in Greece, a vital pillar of the country's economy, is on track to yield record high revenues this year, exceeding pre-Covid levels, according to officials. "2022 has been an amazing year for Greek tourism... I'm very happy to say that both branded and alternative destinations, both on islands and the mainland, were full of travellers and tourists this year, and we are set to surpass this year the numbers recorded in 2019, which has so far been a record year in tourism...
Greek tourism revenues to hit new records this year
Greek tourism revenues to hit new records this year
Source: IANS
10/09/2022 11:13:33 AM
Greece`s inflation hits 30-year record high in June Greece's annual inflation rate reached 12.1 per cent 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 May. Greek inflation merely stood at one per cent in June 2021, Xinhua news agency reported quoting ELSTAT. The ELSTAT attributed the rise of the inflation rate mainly to the rise in energy costs over the past year. Natural gas prices increased by 117.7 per cent ...
Greece`s inflation hits 30-year record high in June
Greece`s inflation hits 30-year record high in June
Source: IANS
8/07/2022 5:13:11 PM
Greece's inflation hit 29-year record in May Greece's annual inflation rate jumped to 11.3 per cent in May this year, reaching a 29-year record for the country. The increase is linked to a large extent to the rise in energy costs over the past year, the Hellenic Statistical Authority (ELSTAT) said on Thursday. Natural gas prices increased by 172.7 per cent compared to a year ago, electricity prices by 80.2 per cent and heating oil by 65.1 per cent, Xinhua news agency reported. A 35 per cent hike was reported in costs of hou...
Greece's inflation hit 29-year record in May
Greece's inflation hit 29-year record in May
Source: IANS
10/06/2022 9:04:24 AM
Greek inflation breaks 27-yr record Greece's annual inflation rate soared to 8.9 per cent this March, breaking a 27-year record, the Hellenic Statistical Authority (ELSTAT) announced. In March 2021, inflation stood at minus 1.6 per cent, Xinhua news agency quoted ELSTAT as saying. The increase is linked mainly to the rise in energy costs over the past year. Electricity prices jumped by 79.3 per cent compared to a year ago, natural gas by 68.3 per cent and heating oil by 58.5 per cent. Meanwhile, Greece has also ...
Greek inflation breaks 27-yr record
Greek inflation breaks 27-yr record
Source: IANS
9/04/2022 4:07:40 PM
Greece, Cyprus, Israel vow to boost energy cooperation Greece, Cyprus and Israel have pledged in Greek capital Athens on Tuesday to strengthen cooperation in the energy sector in the wake of the Ukraine-Russia crisis. "Diversifying gas supplies has become a top priority," Greek Foreign Affairs Minister Nikos Dendias said after a trilateral meeting of Foreign Affairs Ministers, Xinhua news agency reported. The conflict in Ukraine "stands to change the structure of the European and Middle Eastern energy markets," said Isra...
Greece, Cyprus, Israel vow to boost energy cooperation
Greece, Cyprus, Israel vow to boost energy cooperation
Source: IANS
6/04/2022 10:39:25 AM