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Monday
11
May 2026
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The first images from the Greek thermal satellites that will monitor wildfires in real time

The mission marks Greece’s transition from relying on satellite data from foreign countries and organizations to a new era of national operational autonomy

Crete is the leader in Greek tourism, 5.6 million international arrivals in 2025 (+5.5%)

Heraklion maintains the 2nd place nationwide, while Chania strengthens its position - Strong and the increase in domestic traffic (+9.8%)

Ryanair cuts 12 routes in Greece — 10 from Thessaloniki & calls for a “freeze” on airport charges

Fraport strikes back, calling the claims unfounded and pretextual

What Fraport says about the closure of the Ryanair base in Thessaloniki

The reasons that led it to reduce its flight operations are linked to the commercial planning, business model and profitability of the company, says Fraport

Pierrakakis announced a supplementary budget of 800 million and a bill with new measures

Next week, the package of interventions for pensioners, families, rent, debt and first home will be consulted next week - The beneficiaries of the 300 euro aid are extended

Ryanair announces closure of its Thessaloniki Base starting in October

The airline also announced a reduction in capacity at Athens Airport for winter 2026, while suspending operations in Chania and Heraklion during the low tourist season

OTE: Focus on AI, competition and mobile services – What management said about PPC

Adjusted EBITDA (AL) growth target around 3% – AI use expanding – What management told analysts

ELSTAT: Inflation rose to 5.4% in April

Jump in diesel (+32.4% year-on-year), petrol (+17.1%) and other fuels (+42.4%)

Oil and gold surge after US strikes on Iran, brent above $100

The spot price of gold stood near $4,720 per ounce, recording a weekly increase of 2.3%

Analysis: Even if peace comes to the Middle East now, it will still take a long time for fuel prices to fall

Even if a U.S.–Iran agreement is reached and the Strait of Hormuz reopens immediately, fuel prices are unlikely to return quickly to their early-2026 levels. Markets will need months to be “convinced” that the danger has truly passed. This is the well-known “rockets and feathers” phenomenon

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