English Edition

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  • Greece Faces Urgent Water Crisis as EU Pushes for Conservation

    Greece Faces Urgent Water Crisis as EU Pushes for Conservation

    As water seeps through cracked irrigation canals and outdated pipes lose more than half of their supply, local officials warn of a growing threat to both public health and agriculture.

    Greece Faces Urgent Water Crisis as EU Pushes for Conservation
  • Procopiou Takes Full Ownership of Astir Palace Hotel Group

    Procopiou Takes Full Ownership of Astir Palace Hotel Group

    While the price paid for the final 77% hasn’t been disclosed, it’s speculated that Procopiou paid a premium for full control. This comes after substantial returns to shareholders from the sale of 13 ultra-luxury villas built on the former Aphrodite hotel site, reportedly totaling €450 million. Published financial statements indicate €317 million in returns over the past three years: €160 million in 2021, €37 million in 2022, and €120 million in 2023.

    Procopiou Takes Full Ownership of Astir Palace Hotel Group
  • New Ukraine Summit in Paris Wednesday; Greek PM to Participate

    New Ukraine Summit in Paris Wednesday; Greek PM to Participate

    According to French diplomatic sources, participants include heads of state and government from Greece, Finland, Romania, Sweden, Belgium, Czech Republic, the Baltic states, Norway, and Canada, with some leaders joining via video link, including the Greek PM. Macron is expected to consult with all EU leaders by the end of the week.

    New Ukraine Summit in Paris Wednesday; Greek PM to Participate
  • Greek-Egyptian Memorandum on carbon storage – Skylakakis meets with ExxonMobil and Chevron

    Greek-Egyptian Memorandum on carbon storage – Skylakakis meets with ExxonMobil and Chevron

    The Greek Minister of Environment and Energy held a bilateral meeting with Egypt’s Minister of Petroleum and Mineral Resources, Mr. Karim Badawi, where they signed a Memorandum of Understanding (MoU) to promote cooperation between Greece and Egypt in the field of Carbon Capture, Utilization, and Storage (CCUS).

    Greek-Egyptian Memorandum on carbon storage – Skylakakis meets with ExxonMobil and Chevron
  • Greek-Turkish: Dialogue on EEZ and continental shelf on ice until further notice

    Greek-Turkish: Dialogue on EEZ and continental shelf on ice until further notice

    The search for common territory for EEZ and continental shelf is going backwards, while Trump is changing the facts and Ankara is challenging at every opportunity the sovereign rights of our country and continues to promote a "two-state" solution in Cyprus, undermining any initiative for a solution

    Greek-Turkish: Dialogue on EEZ and continental shelf on ice until further notice
  • Mitsotakis to EPP: Europe must speak with one voice, not through selective leader formats

    Mitsotakis to EPP: Europe must speak with one voice, not through selective leader formats

    In this context, he welcomed European Commission President Ursula von der Leyen’s proposal to activate the escape clause for defense investments and emphasized the importance of finalizing the details as soon as possible. He also reiterated the need for European defense funding beyond national budgets.

    Mitsotakis to EPP: Europe must speak with one voice, not through selective leader formats
  • Ellinikon: Video of the progress of the works – The under grounding of Poseidonos and the Riviera Tower

    Ellinikon: Video of the progress of the works – The under grounding of Poseidonos and the Riviera Tower

    Regarding the project to underground Poseidon Avenue and create one of the most modern tunnels in Europe, 1.5 km long, it is reported that 75% of the concreting has been completed. Regarding The Ellinikon Sports Park, a 444,000 sqm area with state-of-the-art sports facilities, it is noted that the construction of the buildings and landscaping work for the stadiums, track and field are underway.

    Ellinikon: Video of the progress of the works – The under grounding of Poseidonos and the Riviera Tower
  • ‘We are back’ Greek shipyards say after decades of pain

    ‘We are back’ Greek shipyards say after decades of pain

    The activity marks a major turnaround for the shipyard: a year ago, following decades of on-off government ownership, it sat empty, an emblem of the lingering impact of Greece’s devastating 2009-2018 debt crisis.

    ‘We are back’ Greek shipyards say after decades of pain
  • Istanbul: Historic 1,500-Year-Old Cistern Turned into Spa Center Sealed After Controversy

    Istanbul: Historic 1,500-Year-Old Cistern Turned into Spa Center Sealed After Controversy

    Reports from Turkish media indicate that following public complaints, the Ministry of Culture and Tourism, along with the General Directorate of Cultural Heritage and Museums, initiated legal proceedings against the spa operators in 2023. The authorities argued that the use of this significant historical site as a commercial spa violated cultural preservation standards.

    Istanbul: Historic 1,500-Year-Old Cistern Turned into Spa Center Sealed After Controversy
  • Greece Launches Offshore Oil and Gas Tender, Chevron and HelleniQ Energy Expected to Bid

    Greece Launches Offshore Oil and Gas Tender, Chevron and HelleniQ Energy Expected to Bid

    The tender announcement, signed by Environment and Energy Minister Theodoros Skylakakis, has been submitted for publication in the Government Gazette and the Official Journal of the European Union, initiating a 90-day period for interested parties to submit bids.

    Greece Launches Offshore Oil and Gas Tender, Chevron and HelleniQ Energy Expected to Bid