Tag: Greece
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Weak Earthquake in Philothei: September 10th Occurrence
Overview of the Weak Earthquake in Philothei On the night of September 10, an earthquake registering 2 on the Richter scale was recorded in the area of Philothei, a suburb of Athens. This weak seismic event occurred shortly after 11:30 PM, causing minor tremors that were felt in various parts of the capital. Despite its…
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Shifts in Geopolitics: U.S. Strike at Erdoğan’s Blue Homeland
Introduction The geopolitical landscape in the Eastern Mediterranean is undergoing a significant transformation. As stated by Professor Kostas Yfantis, a renowned scholar in International Relations, the United States is increasingly recognizing Greece as a strategic partner. This shift is particularly evident in light of recent U.S. military actions that impact Turkey’s maritime claims, commonly referred…
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Precarious Incomes: 60% of Private Sector Workers Earn Below €1,000
The Current State of Private Sector Salaries in Greece The economic landscape in Greece presents a stark reality for many individuals. Recent data reveals that a staggering 62% of private sector workers earn less than €1,000 net per month. This alarming statistic sheds light on the precarious nature of employment in the country and raises…
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Understanding the New Social Exchange Law in Greece
Introduction to the Social Exchange Law The Social Exchange Law in Greece introduces significant changes aimed at enhancing social welfare through better utilization of public properties. This new law, officially termed “Κοινωνική Αντιπαροχή, κοινωνική μίσθωση, τριτεκνική ιδιότητα και άλλες διατάξεις”, focuses on social housing and various benefits for families, particularly those with three children or…
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Eurobasket 2025: Uncertainty Surrounds Osman for Semi-Final
Eurobasket 2025: Key Match-Up Between Turkey and Greece The much-anticipated semi-final at Eurobasket 2025 is set to showcase a thrilling match between Turkey and Greece. With both teams performing exceptionally well throughout the tournament, basketball enthusiasts are eager to see how the dynamics play out on the court. However, a shadow looms over the Turkish…
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New Positive Measures from PM Mitsotakis
Introduction to New Economic Measures The recent announcement by Prime Minister Kyriakos Mitsotakis regarding new positive measures has sparked significant interest among the public and political analysts alike. As Greece navigates through economic challenges, these initiatives are crucial for boosting public morale and stimulating growth. The Context of the Announcement Following the recent International Exhibition,…
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K. Mitsotakis Opens Door to New Positive Measures
Introduction In a significant move aimed at revitalizing Greece’s economy, Prime Minister Kyriakos Mitsotakis has hinted at the introduction of new positive measures following the recent announcements at the International Exhibition. With public sentiment in a critical phase, the government is eager to gauge the impact of these measures through upcoming opinion polls. The Context…
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Teiresias SA: The Guardian of Creditworthiness in Distress
Introduction to Teiresias SA Teiresias SA is a pivotal organization in Greece that was established to collect data and provide support to banks and financial institutions. Its primary role is to help these entities manage their risks associated with non-performing loans and identify potential defaulters. This company acts as a “guardian” of creditworthiness, offering a…
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Opportunities for New Positive Measures by K. Mitsotakis
Introduction The recent announcement by Greek Prime Minister Kyriakos Mitsotakis regarding positive measures has created a buzz across the political landscape of Greece. As the nation awaits the outcomes of the initial polls, anticipation is building around how these measures could influence public opinion and the economy. Background on Positive Measures Positive measures are often…
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EuroBasket 2025: Greek Fans Rally in Riga with 1,000 Tickets
EuroBasket 2025: A Historic Moment for Greek Basketball The anticipation for EuroBasket 2025 is reaching a fever pitch, especially among Greek fans who are eager to support their national basketball team. With the semifinals set to take place in Riga, Latvia, the enthusiasm is palpable as Greece prepares to face Turkey in a highly anticipated…