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The two faces of the Greek economy: Household wealth rises, but savings fall & borrowing grows
Greek households' gross wealth has surpassed €1 trillion, yet many remain under financial pressure as consumption is increasingly funded by shrinking savings and new loans, according to an Alpha Bank report
“Before I was born, I was deprived of my father’s embrace”: The voice of Tasos Isaac’s daughter, 30 years later
Three decades without accountability for the killings in Deryneia – President Christodoulides pledges renewed efforts
Weather: Weekend with 39-degree temperatures and strong meltemia, up to 8 Beaufort in the Aegean
Local thunderstorms in the mountainous areas, without significant drop in temperature in the coming days
Spatial planning for tourism: The new rules for investments, Airbnb and out-of-plan construction
From 16 to 8 acres the plot sizes for hotels – The Joint Ministerial Decision institutionalises the new framework for the spatial development of tourism, with stricter terms in saturated destinations, special provisions for the islands and transitional arrangements for existing investments – Hoteliers insist that the core of the restrictions remains unchanged
Who’s next for a Data Center? €50 billion in investments over the next decade
Greece’s geographic location—between Europe, Africa, the Middle East, and Asia—makes it an attractive destination for strategic investments. Amazon, Google, and Microsoft are establishing facilities in Attica, while a large-scale data center is planned on the site of PPC’s former lignite power plant in Kozani
Three maritime flashpoints on high alert: Explosions in the Strait of Hormuz, new attacks in Yemen, and commercial ships hit near Odesa
The risk remains at the highest level for vessels linked to Saudi Arabia in the Red Sea, while two merchant ships were struck near Odesa. Explosions on Iran's Qeshm Island have once again heightened uncertainty over navigation through the Strait of Hormuz