News archive of June 2023

Hard but necessary

The democratic vigor of politicians is tested mainly when they are facing defeat. How strongly they believe in their principles becomes evident by how they handle the popular mandate when it is against them.

The stance shown by the president of the SYRIZA party is, in this respect, a sign that he correctly interpreted the outcome of the May 21 and June 25 elections. 

BoG sees economy growing 2.2% in 2023

The Bank of Greece projects an acceleration in Greece's recovery after 2023 and a gradual decline in inflation, with the economy expected to grow by 2.2% in 2023, 3% in 2024 and 2.7% in 2025, the central bank said in its Monetary Policy Report 2022-2023, which was presented to the speaker of the Greek Parliament and the cabinet.

The inevitable fiscal adjustment

Slowly but surely, the tightening of fiscal policy will be increasingly felt no matter whose view of the new Stability Pact prevails in the European Union - the regulations promoted by France and Italy, which are adapted to the peculiarities of each European country, or the rigid view of Germany and its 10 backers, or something in between.

ATHEX: Index rises over 37.5% in six months

A glorious six-month period ended on Friday at the Athens bourse, with the benchmark of the market soaring by more than 37.5% compared to end-December 2022, climbing to a new nine-year high.

Chapter Two: Nascent | Spetses | July 1-27

For the second exhibition in the 2023 series "Baraka Ab ovo," curator Faidra Vasileiadou has invited artist HOPE (Konstantinos Ntagkas) to showcase his defining style, which represents an excavation of contemporary archaeology, set in an ethereal yet familiar hybrid cosmos.

Suspended sentence for mother who left infant alone at home

A mother who left her one-year-old daughter at home while she popped out to the supermarket to buy cigarettes has received a six-month jail sentence, suspended for three years.

A Thessaloniki criminal court found the 37year-old mother guilty of endangering a minor.

EU prosecutor’s office sends railway case file to parliament

The Greek branch of the European Public Prosecutor's Office (EPPO) is sending its case files to the Greek Parliament regarding a 2014 contract for the completion of key infrastructural works on the national railway, it was reported on Friday.

Vucevic asks US to use leverage on Pristina to avert escalation

BELGRADE - Serbian Defence Minister Milos Vucevic met with US Principal Deputy Assistant Secretary of Defense for International Security Affairs Tressa Guenov on Friday and asked the US to use its leverage on Pristina to avert further escalation of conflicts in the north of Kosovo-Metohija.