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E.Tsiliopoulos

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US State Sec. joins FMs of Greece, Israeli, Cyprus in reaffirming commitment to promoting peace, security and prosperity in east Med

Greek Foreign Affairs Minister Nikos Dendias on Monday referred directly to an “absolute need” for greater regional cooperation between Greece, Israel and Cyprus, during his comments in a video-conference with his Cypriot and Israeli counterparts, Ioannis Kasoulides and Yair Lapid, respectively, but also with the very high-profile participation of US Secretary of State Antony Blinken.

Double digit inflation is taking Greece back 28 years

Double-digit inflation is taking Greece years back, in the now-distant 1994, which rising to levels above 10%. After 28 years, consumers in Greece are feeling the weight of steeply rising prices not only in electricity bills but also in basic food items. The new, recent package of interventions of 3.2 billion euros in energy is expected to keep inflation around 5%, this year.