News archive of June 2023

Slovenia's parliament has adopted a new national spatial planning strategy that paves the way not just for the planned expansion of the country's only nuclear power station but also for the construction of small modular reactors.

SYRIZA's crushing defeat in the May 21 and June 25 elections had de facto put the leftist party on the road to change - and the resignation of its leader Alexis Tsipras.

In a televised address on Thursday, Tsipras announced his decision, stating that "the time has come to start a new cycle," while calling for the party's reform.

Greece has received interest from 27 US and European companies in booking future capacity in its gas grid, which would allow them to import and export gas to Europe via the country in the coming decades, grid operator DESFA said on Thursday.

The Ministry of Infrastructure and Transport has asked the management of the Hellenic Railways Organization (OSE) to investigate the circumstances and causes of the two incidents that occurred on the national railway network on Wednesday and Thursday.

Agri-food, high technology, construction materials, medical equipment, medicines and cosmetics, biotechnology and health services are sectors of interest for the development of cooperation networks between Greek and Chinese companies, according to the conclusions of a visit by a Chinese delegation to the Athens Chamber of Commerce and Industry (EBEA).

Madonna is recovering after falling ill with a "serious bacterial infection" that landed her in an intensive care unit for several days, her manager Guy Oseary said in a statement on June 28.

"Her health is improving, however she is still under medical care," he said. "A full recovery is expected."

Shares in H&M surged yesterday as the Swedish clothing giant reported better-than-expected earnings for its second quarter.

H&M reported a net profit of 3.29 billion kronor ($305 million) for the March-to-May period.

It was down from 3.68 billion kronor the year before but above expectations of 2.84 billion kronor in a Bloomberg survey of analysts.

Gulf oil states are using their vast wealth to build influence across the far-flung South Pacific, experts have told AFP, tearing a page straight out of China's Belt and Road playbook.

Saudi Arabia and the United Arab Emirates, two of the world's biggest crude oil producers, have been ramping up efforts to shed their reputations as global climate laggards.

The exorbitant increases in real estate sales prices and rents over the past three years have led to radical changes in the areas where people buy and rent for necessity. At the same time, for small investors, the high prices have led to a search for new regions. As a result, Thrace has had a clear advantage in the residential land purchase graph for the last three years.

Many masterpieces of Iraqi painting were looted or destroyed during the years of war, but now the country's artistic heritage faces another threat: rampant counterfeiting and illicit trafficking.