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Foreclosures suspended for Thessaly flood victims
Finance Minister Kostis Hatzidakis has announced that enforcement actions on movable or immovable property for natural persons and businesses affected by the heavy rains, floods and landslides in September in the region of Thessaly in central Greece are suspended for six months.
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New bill aims to protect borrowers
A new draft law by the Ministry of National Economy and Finance includes eight measures to protect vulnerable borrowers, increase transparency in how borrowers are informed by servicers, and enhance competition within the banking system.
The bill was unveiled for public consultation from Wednesday up to November 22.
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Cyprus official says Israel-Hamas war may give an impetus to regional energy projects
The political and economic ramifications from the Israel-Hamas war may provide an impetus to plans for a pipeline conveying offshore natural gas to Cyprus for processing and shipping to foreign markets, the east Mediterranean island nation's energy minister said Tuesday.
Food firms ask for hikes in Cyprus
Marios Antoniou, the secretary-general of the Cypriot Retail Trade Association, discussed on Monday the pricing dynamics of products affected by the zero value-added tax rate, as well as current data and requests for price adjustments by product suppliers.
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Cyprus urges Chevron to honor agreement
Cypriot Energy Minister George Papanastasiou has issued a new message to Chevron, operator of the Aphrodite gas field, via Parliament ahead of the crucial meeting with Chevron's Chairman Clay Neff. It comes as the deadline for resolving the dispute over the development plan of the field approaches.
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‘One day we will return to the stars’
An immersive audiovisual production with philosophical implications was shown Monday on the occasion of the inauguration of the upgraded image and sound systems of the New Digital Planetarium of the Eugenides Foundation in Athens, which now has a fourth-generation projection system with a total resolution of 7.5K, multiplying the brightness and quality of the image.
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Renewed pledge to connect tills with POS
"Combatting tax evasion is our flag," National Economy and Finance Minister Kostis Hatzidakis said on Monday.
Speaking in Parliament, Hatzidakis underlined that the government will do everything in its power to complete a project of connecting cash machines with card terminals (POS) by the first few months of 2024.
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Major merger is brewing in Cyprus retail
The news about Sklavenitis' plan to boost its presence in the Cypriot market appears to have been confirmed, according to the Cypriot edition of Kathimerini: It seems that the big Greek retail company is currently in talks with Papantoniou supermarkets about a potential merger.
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Scholz confirmed the Support for the Accession of Bulgaria and Romania to Schengen
A year and a half after taking office, German Chancellor Olaf Scholz made his first bilateral visit to Austria.
Schinas leaves flowers in memory of dead soccer fan
European Commission Vice President for promoting the European Way of Life Margaritis Schinas on Wednesday left flowers at the site where a man was killed in clashes before a match between AEK Athens and Dinamo Zagreb in Greece on August 7.