News archive of May 2024

Servicers have settled loans of over 15 billion euros

Debt management companies (servicers) have so far arranged bad loans amounting to 15.2 billion euros since 2022, while the total debts they manage amount to €90 billion.

These are the dues of 2,271,548 borrowers, of which 80% are loans that have been sold to funds, while the rest concerns loans that still belong to the banks.

Get to know Greece’s diverse wines

Let’s embark on a deep dive into the different types of Greek wines, their flavor notes, and the regions that bring them to life

‘Likes’ do not translate into votes

You can't avoid vertigo if you put the latest opinion polls and the social media influence of Greek Prime Minister Kyriakos Mitsotakis and the leader of the main opposition, Stefanos Kasselakis, side by side.

Legal uncertainty

The case of Greek jewelry chain Folli Follie was a blow to the credibility of the Greek market, as it revealed the inadequacy of the supervisory authorities. But the blow that followed, with the slow pace of the judicial procedure, was perhaps more severe than the initial fraud scandal. 

Your Guide to Chania

At the crossroads of three continents, the footprints of many civilisations are evident in the wealth of treasures at every turn

A blue digital transition

Oceans: Not only do they regulate the Earth's climate but they also sustain life as we know it. Yet, despite their critical role, oceans are facing persistent degradation and destabilization worldwide.

Stunning Methoni Castle slated for much-needed repairs

The Central Archaeological Council (KAS) has unanimously approved a preliminary study for the restoration of the northern part of Methoni Castle, in the southwestern Peloponnese.