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RR regulator urges Hellenic Train to improve notifications of changed schedules

Greece's Railroad Regulatory Authority (RAS) urged Hellenic Train SA on Wednesday to improve the way it notifies when trains are delayed or cancelled and requested it adopt a related five-point EU directive, ANA reports. In a statement, RAS said that "it has determined that systematic cancellations, delays, amendments or abolished schedules by Hellenic Train SA are not publicized to passengers on … [Περισσότερα...]

Representatives underline Greece-U.S. bonds at Greek Economic Summit

During a discussion at the 33rd Greek Economic Summit that was held this week in Athens, two Greek-American members of Congress, John Sarbanes, Democrat of Maryland, and Nicole Malliotakis, Republican from New York, spoke about U.S.-Greece relations. Sarbanes noted that those bonds are very strong, and Malliotakis emphasized that Greece, as the cradle of democracy, shares common values with the … [Περισσότερα...]

Greece's Development and Investments Minister on household and 'Santa's basket'

The 'household basket' is continuing to perform well, Development and Investments Minister Adonis Georgiadis said on Wednesday as he presented a new initiative called "Santa's basket" concerning toys and an expansion of the 'Christmas Basket" by adding new products for the Christmas dinner, ANA reports.During the Christmas holidays, from December 14 to January 4, 2023, the Christmas basket will … [Περισσότερα...]

Media report: Secret talks for Parthenon marbles to return to Greece in 2023

The question of whether the stolen Parthenon Marbles housed at the British Museum for 200 years will be returned to Greece remains up in the air with contradictory reports over a secret deal said in the works. The Art Newspaper and news site said that it’s likely the sculptures were ripped off the Parthenon by Scottish diplomat Lord Elgin and then sold to the museum when he got into financial … [Περισσότερα...]

Digital Governance Minister: Opportunities for Greece in semi-conductors

Greece's Digital Governance Minister Kyriakos Pierrakakis highlighted the potential opportunities for Greece in the semi-conductors industry while addressing a forum organized by the Hellenic Emerging Technologies Industry Association (HETIA) in Athens on Wednesday, ANA reports.Pointing out the current upheavals in the chip supply chain and the European Commission's proposed Chips Act, Pierrakakis … [Περισσότερα...]

Hellenic Statistical Authority: Greek economy grew by 2.8% in third quarter

The Greek economy grew by 2.8% in the third quarter of the year compared with the same period in 2021 but fell by 0.5% on a quarterly basis compared with the second quarter, Hellenic Statistical Authority said on Wednesday, ANA reports. More specifically, on a quarterly basis, the country's Gross Domestic Product fell 0.5% in the third quarter after rising by 2.2% in the first quarter and by … [Περισσότερα...]

Christmas holidays at Ellinikon Experience Park commence on December 9

The illumination of the Ellinikon Experience Park on December 9 at 19:00 will signal the start of the park's Christmas holiday programme, ANA reports.The Ellinikon Experience Park opened its doors roughly one year ago and has already had over one million visitors, while it is the first section of the largest coastal park at an international level, which was handed over to the public in the context … [Περισσότερα...]

IATA-McKinsey study shows imbalanced aviation industry value chain

The International Air Transport Association (IATA) and McKinsey & Company published a study of profitability trends across the aviation value chain showing that profitability varies widely by sector. The study also shows that in aggregate, airlines underperform on the financial return that an investor would normally expect.  While there is no clear path to rapidly re-balance the value … [Περισσότερα...]