Greece: Annual inflation rate in Greece eases to 3% in April 2023; food prices continue to rise
The consumer price index rose by 0.6 percent in April 2023 from March 2023.
Archives
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ECONOMY
May 11, 2023 -
CYPRUS 
May 11, 2023 Central bank sees growth in Cyprus at 2.6%
The economy of Cyprus is expected to grow by 2.6% this year, a full three points lower than the 2022 increase in the island nation’s gross domestic product, the governor of the country’s central bank said on Tuesday.
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EUROPE
May 11, 2023 France presents ‘first step’ €2bn fund for critical metals
France presented a plan to launch a €2 billion investment fund for critical metals on Wednesday (10 May), which according to former industry boss Philippe Varin is just a starting point, with more to come.
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HISTORY
May 11, 2023 11 May 2023: This day in history
330: Newly built city of Constantinople (Byzantium) dedicated, becomes the capital of the Eastern Roman Empire 1189: Holy Roman Emperor Frederick I Barbarossa and 100,000 crusaders depart Regensburg for the Third Crusade 1751: Pennsylvania Hospital founded by Dr. Thomas Bond and Benjamin Franklin, in Philadelphia 1812: British Prime Minister Spencer Perceval is assassinated by John Bellingham in the lobby of the House of Commons, London. Ironically, descendants […]
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ECONOMY
May 10, 2023 Bank of Greece Warns of Lavish Pre-Election Promises
The governor of the Bank of Greece (BoG), Yannis Stournaras, warned political parties in Greece on Wednesday that their pre-election promises could derail the economy.
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GREECE
May 10, 2023 Greece ranked second in terms of bestowed «Blue Flags»
The number of «Blue Flags» now found in Greece exceeds, for the first time, 600, with Greece retaining 15 percent of the distinctions for best-rated beaches.
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CYPRUS
May 10, 2023 Nicosia gets details on sanctions
The President of the Republic of Cyprus Nikos Christodoulides has announced that Cypriot authorities have received the first package of information from the US regarding natural and legal persons included in the US sanctions list, with two more packages expected soon.
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EUROPE
May 10, 2023 EU Court rules against Commission in Lufthansa state aid case
The General Court of the EU announced on Wednesday (10 May) that the European Commission was mistaken in permitting Germany to provide state aid to airline Lufthansa during the COVID-19 pandemic, legally annulling the decision.
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HISTORY
May 10, 2023 11 May 2023: This day in history
1497: Italian navigator Amerigo Vespucci leaves for his first voyage to the New World (disputed) 1775: Second Continental Congress convenes in Philadelphia, Pennsylvania and issues paper currency for 1st time 1801: First Barbary War: The Barbary pirates of Tripoli declare war on the United States of America (1st US foreign war) 1857: Indian mutiny against rule by the British East India Company […]
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WORLD
May 9, 2023 Ancient Greek Necropolis of Alexandria Opens to Public
An ancient Greek necropolis of the Hellenistic Era near the present-day Library of Alexandria, Egypt, is set to open to the public from May 8, 2023, following the completion of a thorough three-year preservation project.
