Public Administration

Commissioner Corina Cretu: About 111 bn euro worth of allocations to EU urban areas between 2014 - 2020

Allocations to EU urban areas between 2014 and 2020 amount to approximately 111 billion euro, Commissioner for Regional Policy Corina Cretu on Friday told a press conference delivered jointly with Minister for Regional Development and Public Administration Vasile-Daniel Suciu, at the end of the informal meeting of the urban development ministers, organized by the Ministry for Regional Developme

Minos Zombanakis, banking innovator who created Libor, dies at 92

Minos Zombanakis, a Cretan who became an influential international banker, died at 92 Saturday following a long illness.

He was born in 1926 at Kalyves, a village near the Greek city of Chania, the second of a farmer's seven children.

Zombanakis entered the University of Athens in 1943, during the German occupation, but never got his undergraduate degree.

Romania reports economic growth of 4.2pct, nine months into 2018

Romania's economic growth over the first nine months of 2018 was 4.2pct, both in unadjusted terms and seasonally adjusted, compared with the same period of 2017; compared with Q2 2018, Q3 2018 economic growth was 1.9pct higher in real terms, according to data with the National Institute of Statistics (INS) released on Wednesday.

Change of tack on east Attica fire probe

The head of the Athens prosecutor's office, Ilias Zagoraios, is to continue the investigation into July's deadly fires on the eastern coast of Attica after Supreme Court prosecutor Xeni Dimitriou backtracked on her request to delay its completion until a report by a top public administration official has been taken into account.

Top court prosecutor switches gears on deadly fire probe after criticism

Supreme Court prosecutor Xeni Dimitriou on Tuesday back-pedalled on her request to delay the completion of a report on the deadly blaze in east Attica until the General Inspector of Public Administration has sent her separate findings, after facing intense criticism.

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