News archive of August 2024

Novartis comes under scrutiny over competition rules

The Competition Commission is investigating pharmaceuticals firm Novartis for anti-competitive practices from 2009 to 2017.

The probe concerns a range of competitive medicines treating macular diseases.

A report found Novartis aimed to prevent market access to competitors.

The commission will consider the report findings at a December 4 meeting. 

Contemptible antics

The scenes in the port city of Volos demonstrate that the climate crisis is causing a chain reaction of unprecedented destructive phenomena.

Number of shipping firms declines

Over the past 15 years, on average, a trade shipping company based in Greece either shuts down or, in some cases, moves abroad each month, according to data published by consultants Petrofin Research.

In 2009, the number of shipping firms - passenger shippers excluded - based in Greece was 773; in 2023, the number was down to 592.

Christos Yannaras, in memoriam

Christos Yannaras never left readers indifferent with his writings for Kathimerini; his editorials left no room for mild reactions. There were readers who were devoted to him and others who could not tolerate him. Some saw him as a prominent figure in a unique Greek-centric Enlightenment, while others regarded him as a proponent of obscurantism.

Companies seeking skilled young people

A survey undertaken jointly by the National Documentation Center, the Hellenic Statistical Authority and the Greek Exporters Association (SEVE) in July provides a telling picture of the Greek labor market, showing that 63% of businesses are looking for employees.

Tommy Hilfiger sold the mega yacht “Flag” to a Greek shipowner for 39.5 million euros

American fashion designer Tommy Hilfiger has sold what he described as his “most prized possession”, the luxury mega yacht Flag. The 62.3m (204ft) long Feadship was sold by Merle Wood & Associates in a deal with Torrance Yachts. It is unclear how much the yacht changed hands for, but he was last asking 39,500,000 euros.

Parents need to set the example

This time there's an additional incentive to the Education Ministry's regulation for banning the use of cellphones in classrooms and that's the threat of specific penalties for the violation. We'll assume that such punitive measures will have the power to trump the addiction that children and teenagers have to their cellphones.

Number of independent MPs growing

The announcement by SYRIZA on Friday during a House plenary session to expel Athina Linou from its parliamentary group meant an increase in the number of independent MPs, until further notice, to 14.

This number, just a year after the national elections, makes independent MPs the fifth most numerically powerful force in Parliament.

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