News archive of September 2018

Bosnia's New Energy Strategy Already Outdated, Expert Warns

Bosnia's recently adopted energy strategy is based on outdated ideas that could make it hard for the country to fulfil its international obligations on renewable energy and might increase the cost of electricity, an expert in the field says.

Dance with water: Kayaking tours in Turkey

Yes, I was absolutely sure now. Kayaking tours have enriched my life. Actually I was a typical hiking enthusiast. Over time, I began to wonder about coasts, reed beds, rock coves and sea caves I could not reach on foot. I guess this curiosity introduced me to kayaking. Later I found out that the history of kayaking, the oldest of boat sports, goes back to prehistoric ages.

Super League favorites double up their wins

AEK, PAOK, Olympiakos, Panathinaikos and Aris doubled up their wins at the second round of Super League games over the weekend.

Champion AEK had a hard time beating Asteras at Tripoli on Saturday, winning 1-0 thanks to a Petros Mantalos first-half penalty kick.

Greek triumph at water polo's Youth Europeans

Greece won the European Men's Under-19 Water Polo Championship in Belarus on Sunday, downing Montenegro in the final.

After its amazing triumph with an 8-0 score over Croatia in Saturday's semifinal, Greece overpowered Montenegro with a 14-12 score in Minsk, despite trailing 5-2, to land the gold medal.

Snap poll would be seen as positive by markets

Last week's government reshuffle is a non-event for investors, seen only of concern to the domestic audience, but the fact that Greece is heading to a general election - possibly before the fall of 2019 - is perceived as a positive development.

Fierce battle for Piraeus cruise port tender

The deadline of the tender for the contractor to undertake the extension of the Piraeus cruise passenger port has been stretched by a few more days due to the strong competition among major construction groups.

ENFIA tax rates often defy logic as many Greeks endure fresh increases

As pay notices for the Single Property Tax (ENFIA) reached 6.3 million property owners last week, the mixture of good and bad shocks that they evinced in taxpayers was a clear indication of the confusion regarding how the new property rates have been calculated by the government.

OLP in talks for developing four hotels

Piraeus Port Authority (OLP) is in the process of reaching out to Greek and foreign hotel groups for the development of four hotel units that form part of parent company Cosco's investment plans in Piraeus.

Minister assures over anthrax risks

One facility in Istanbul's Silivri district has been quarantined after six people were admitted to a hospital over suspicions they were infected with anthrax, following similar cases in Ankara and the eastern province of Sivas during the "Feast of Sacrifice." 

Yassıada to become 'Island of Democracy and Freedom'

Yassıada, a small island located off the coast of Istanbul's Asian side in the Marmara Sea and was officially renamed "Democracy and Freedom Island" in 2013, is undergoing major changes. 

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