News archive of July 2024

Foreign Minister Hakan Fidan on Tuesday attended the inauguration ceremony of Iranian President Masoud Pezeshkian in Tehran, the Turkish Foreign Ministry said.

Pezeshkian won a runoff race against ultraconservative Saeed Jalili on July 5 to replace president Ebrahim Raisi who died in a helicopter crash in May.

PPC Group has announced the construction of a new 140-megawatt wind farm in the area of Deleni in Vaslui province, eastern Romania.

A new wind power plant in the same area with an installed capacity of 140 MW will be added in the renewable energy sources (RES) portfolio of PPC Renewables, as it reaches construction phase.

Hamas said Wednesday its political leader, Ismail Haniyeh, was killed in an Israeli strike in Iran, where he had been attending the inauguration of the country's new president.

Piraeus Bank Chief Executive Christos Megalou expressed his optimism regarding the course of the domestic banking system and the economy in general in an interview with BusinessDaily.gr.

The public offer of Eurobank to the shareholders of Hellenic Bank expired on Tuesday, without any substantial result in terms of increasing the percentage controlled by the Greek group in the second largest Cypriot bank.

Cyprus will soon launch tenders for the completion of the liquefied natural gas terminal for electricity generation, despite the termination of a 500-million-euro contract with Chinese-led CPP-METRON Consortium and an investigation by the European Public Prosecutor's Office over possible tender fraud and misappropriation of EU funds, Energy Minister George Papanastasiou has said.

The Greek bourse revealed a very interesting picture on Tuesday as there was a general trend for sales almost the entire session, but certain blue chips (most notably Eurobank) and a large number of other stocks resisted, leaving the rising stocks almost on at the same level as the decliners. Trading volume also showed some welcome improvement, a day before the end of the month.

Members of the public will now be able to assess natural disaster risks thanks to a new smartphone app that facilitates communication with authorities.

Theodora Gkountoura, holding her Greek fencing mask, reached the quarterfinals of the Women's Sabre event in Paris on Monday. However, the Greek champion, No 6 on the tournament table, was eliminated later in the day after losing 15-13 in an epic match with the French Manon Apithy-Brunet (No 3).

The United States has announced economic sanctions against five individuals and seven entities based in Iran, China, and Hong Kong for their involvement in supplying components intended for the construction of drones for Iran, amidst escalating tensions in the Middle East.