Tag: investments

Athens Public Transport Faces Crisis as Passengers Surge and Services Decline

Athens’ public transport system is buckling under surging passenger numbers and dwindling services, with 228,891 fewer trips last year despite a 35.4 million increase in riders. Severe driver shortages and aging vehicles have led to daily overcrowding, delays, and chaos, exemplified by a recent safety shutdown at Syntagma metro station. While €500 million in investments and new electric buses are promised, commuters face ongoing struggles, with relief not expected until 2026.

Greece Tackles Water Crisis with Bold National Plan

As Greece grapples with a severe drought depleting Athens’ reservoirs to historic lows, the government is set to unveil a National Water Plan to combat water scarcity. The strategy includes merging over 700 municipal water companies into three major entities, expanding the roles of EYDAP and EYATH, and creating a new fund for dams and desalination plants. With temperatures soaring to 43°C and climate change intensifying, Prime Minister Kyriakos Mitsotakis will lead discussions today to finalize measures aimed at securing water for millions.

Greek PM Mitsotakis Highlights European Priorities at EPP Congress in Valencia

At the EPP Congress in Valencia, Greek Prime Minister Kyriakos Mitsotakis outlined three European priorities: competitiveness, defense, and strategic trade agreements. Engaging in bilateral talks with leaders like Sweden’s Ulf Kristersson and Germany’s Friedrich Merz, Mitsotakis emphasized Greece’s role in shaping a stronger, more secure EU.

Mitsotakis Reshuffles Maximos Mansion Communications Team: New Appointments Announced

Prime Minister Kyriakos Mitsotakis has reshuffled the communications team at Maximos Mansion, appointing Giorgos Efthymiou as Director of the Press Office, Nikos Romanos as Director of Digital Communications, and Christos Zografos as Communications Advisor. The changes, effective April 7, 2025, also include Dimitris Politis as Investment Advisor and Alexandra Sdoukou as New Democracy’s Press Spokesperson, signaling a refreshed approach to government messaging and economic priorities.

Mitsotakis to Visit Kozani on Thursday to Discuss Development and PPC Investments in Western Macedonia

Greek Prime Minister Kyriakos Mitsotakis will visit Kozani on Thursday, April 3, to promote development and unveil the Public Power Corporation’s new investment plan for Western Macedonia. Speaking at events focused on a “Just Developmental Transition” and entrepreneurship, Mitsotakis aims to highlight the region’s shift toward a sustainable economic future.

Greece Bolsters Defence with New 'Thorax' Threat-Assessment System

In a landmark move to fortify national security, Greece’s National Defense Minister Nikos Dendias and Development Minister Takis Theodorikakos signed an agreement on Monday to launch ‘Thorax,’ a state-of-the-art threat-assessment system. Funded with €48.95 million from the EU Recovery Fund, Thorax will leverage big data and artificial intelligence to process information from radar, UAVs, and various agencies, empowering the Armed Forces with real-time decision-making capabilities as part of the transformative ‘Agenda 2030’ plan.

Greece and Japan Celebrate Emperor Naruhito’s Birthday, Strengthening Tourism and Cultural Ties

Amidst the iconic skyline of Athens, Greece celebrated Emperor Naruhito’s birthday, marking a significant step in strengthening tourism and cultural ties with Japan. This event symbolizes the ongoing enhancement of the nations’ relationship, following a year dedicated to fostering diplomatic and cultural exchanges. Efforts continue to boost investment, air travel, and sustainable tourism opportunities.

Australian Bureau of Statistics releases 'Top Greek Suburbs'

The Travel Profile of Greek-Australians

The Australian tourism market is of particular interest to Greece due to its large Greek diaspora. Findings from primary research conducted by the Greek Ministry of Tourism regarding the travel preferences of Greek-Australians are therefore valuable. These preferences vary based on generation and migration history, influencing their choice of destinations and length of stay.

Greek Prime Minister Kyriakos Mitsotakis SYRIZA

Greek Government Implements Sweeping Reforms and Investment Initiatives

The Greek government has implemented a series of significant reforms and investment initiatives aimed at enhancing the country’s economic momentum and improving citizens’ lives. Key developments include the reduction of banking fees, healthcare improvements, the launch of new educational facilities, and strategic foreign investments. Additionally, new legislation to combat violence against women and targeted employment programs have been introduced to promote social well-being and economic sustainability.

Greece and Saudi Arabia Launch New Initiatives at Inaugural Cooperation Council

Greece and Saudi Arabia have launched 46 joint initiatives following the inaugural meeting of the High-Level Strategic Cooperation Council. The agreements span key sectors including energy, defense, trade, and tourism, strengthening the bilateral partnership between the two nations. This marks a significant step in enhancing cooperation in regional security and economic growth.

EU Commission Disburses €998.6 Million in Grants to Greece Under Recovery and Resilience Facility

The European Commission has disbursed €998.6 million in grants to Greece under the Recovery and Resilience Facility (RRF). This fourth payment is based on Greece’s progress in implementing reforms and investments, including improvements to the justice system’s digital infrastructure, boosting renewable energy production, and enhancing fire prevention and reforestation efforts. The total value of Greece’s recovery plan amounts to €35.9 billion in grants and loans.

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