News archive of November 2018

Easy win for the Reds as the Greens suffer abroad again

Olympiakos produced an emphatic win over Buducnost Podgorica in Piraeus on Friday, a few hours after Panathinaikos succumbed once again on the road, this time at Khimki.

The Reds scored their sixth win in 10 games beating Buducnost by 22 (92-70), i.e. the team that last week had ended the unbeaten run of CSKA Moscow.

Greece seen improving in terms of brain business employment

Greece is experiencing a rise in employment at companies that are reliant on brain power, according to a report by the European Center for Policy Reform and Entrepreneurship (ECEPR).

Tsakalotos says protection of main home will continue

Finance Minister Euclid Tsakalotos said on Friday that although the protection of debtors' main residences will be abolished in January 2019 when the Katseli law ceases to apply, the government is seeking ways to ensure that debtors in need of protection are not left without a safety net and is aiming to present a solution soon.

ATHEX: Stock index and turnover end November on a high note

The MSCI stock index rebalancing was completed on Friday, while investors repositioned themselves accordingly, leading to a second day of notable gains at Athinon Avenue, as many foreign traders closed their books for the year at the end of a month that saw the main index slide 1.55 percent.

Athenians dreaming of a white weekend

Following the arrival earlier this week of a storm system dubbed Penelope, which saw temperatures plummet across Greece, the first snow blanketed mountains surrounding Attica, particularly in the Parnitha range. Up to 10 centimeters of snow fell at the popular Bafi refuge on Parnitha. Authorities said that snow chains are now required to get to the refuge.

Preserving Byzantine heritage

A mosaic  from a church in Hama, Syria. An archaeologist sounded the alarm on Friday over the plight of antiquities in Syria at a conference on Byzantine monuments and world heritage in Thessaloniki. The focus of the conference, which ends tomorrow, is a charter on intervention principles for Byzantine monuments.

Hellenic Navy chief: every night there is a war in the Aegean

Greece's fleet is in a constant state of readiness to defend national sovereignty and territorial integrity, Hellenic Navy Commander Admiral Nikos Tsounis said on Friday.

Whenever the passage of Turkish vessels in the Aegean is deemed to be of concern, there is a Greek response, Tsounis said.