Tourism, regional security, Israeli coronavirus medicine discussed in PM Mitsotakis-Netanyahu Jerusalem talks
The coronavirus pandemic, reopening tourism, and the geopolitical situation in Eastern Mediterranean were some of the issues discussed at length between Prime Minister Kyriakos Mitsotakis and Israeli Prime Minister Benjamin Netanyahu in Jerusalem on Monday. In joint statements to the press after their meeting, Mitsotakis applauded the fast-track vaccination of Israeli citizens, and underlined that […]
Banks in Bulgaria halve combined net profit in 2020
The combined net profit of the banks operating in Bulgaria dropped to 814.7 million levs ($501.5 million/416.6 million euro) in 2020 from 1.67 billion levs in 2019, the country’s central bank said. The banking sector’s net operating revenue fell to 4.16 billion levs last year from 4.23 billion levs in 2019, the Bulgarian National Bank […]
One in four consumers buy grocery online
While their great success may have been dictated largely by the pandemic, it seems that online supermarkets are here to stay. It is no coincidence the investments of supermarkets in 2021, too, mostly concern improving their e-stores and the creation of the necessary infrastructure. According to the latest survey by the Research Institute of Retail […]
Investment boost from the EU
The road is open for the financing of private investments through loans from the Next Generation EU fund that could add up to 30 billion euros over the next five years following a European Commission guideline in that direction. The Greek side is satisfied because, according to Brussels’ decision, the resources of the EU fund […]
FM Dendias in London: Greece-UK collaboration post-Brexit to be defined by a strategic partnership
Greece and the United Kingdom both exercise their foreign policy based on International Law, stated Foreign Affairs Minister Nikos Dendias from London, where he met with his British counterparts on Tuesday. “Both countries comply with our contractual obligations arising from International Law (…), therefore we expect our neighbors to do the same”, he noted. The […]
Greek, French parliamentary committees meet in Athens
The Foreign Affairs and Armed Forces Committees of the Greek and French Parliaments held a joint session on Tuesday in Athens, discussing issues of foreign policy and security. French committee head Christian Cabon said relations between the two countries “were perfect, more perfect than ever,” and referred to the supportive stance his country keeps towards […]
Renewable sources investments discussed by Energy Min Skrekas, German Ambassador Reichel
Energy & Environment Minister Kostas Skrekas discussed progress in German investments in Greece at a meeting with Ambassador Ernst Reichel on Tuesday. Talks focused on solar energy and the strategic agreement between Greece’s Public Power Corporation (PPC) and German power company RWE. Investment interests by other German companies in the field of renewable energy sources […]
Unemployment in Bulgaria in December 2020 was 4.8% – Eurostat
Unemployment in Bulgaria in December 2020 was 4.8 per cent, European Union statistics agency Eurostat said on February 1, citing seasonally-adjusted figures. This figure represented an estimated 159 000 people in Bulgaria, Eurostat said. In December 2019, before the Covid-19 crisis, unemployment in Bulgaria had been 4.2 per cent, representing an estimated 141 000 people. […]
Bulgaria’s economy to grow by 3.6% in 2021 – IMF
The International Monetary Fund (IMF) said on Monday that it expects Bulgaria’s gross domestic product (GDP) to rise by 3.6% in 2021 following an estimated 4.6% decrease in 2020. “Noting that the outlook is subject to unusually high uncertainties, Directors emphasized that policies should remain flexible and evolve with changing circumstances,” the IMF said in […]
Health ministry preparing for a possible third wave of coronavirus
The health ministry is concerned about a possible third wave of novel coronavirus epidemic in Greece and is preparing for this possibility, as shown by the meeting held at the ministry on Monday. The aim is to prepare the country both in terms of epidemiological surveillance and the readiness of the health system. Of key […]
