News archive of September 2024
Hatzidakis: Stable GDP growth
The Medium Term Structural Fiscal Plan 2025-2028 is presented by the Minister of National Economy and Finance Kostis Hatzidakis along with Deputy Minister Thanos Petralia.
Motor Oil: takes legal action against the Competition Commission’s fine
Motor Oil has announced an appeal to the courts against a fine imposed by the Competition Commission.
In a relevant statement it specifically states the following:
Tourist visits in Serbia up by 2.0 pct y-o-y in August
BELGRADE - Serbia registered 2.0 pct more tourist visits in August 2024 relative to the same month of last year and the number of overnight stays was down by 5.2 pct y-o-y, according to figures released by the national statistical office.
Overnight stays by Serbian tourists were down by 15.1 pct y-o-y, while those generated by foreign tourists were up by 10.6 pct y-o-y.
Russia Boosts Defense Spending by 23%
Russian state expenditure on national defense is set to rise by 23% in 2025, reaching 13.5 trillion roubles (145.32 billion dollars), up from 10.8 trillion roubles in 2024, according to draft budget documents released on Monday. This increase will make defense spending account for 32% of the total budget expenditure, which is projected to be 41.5 trillion roubles.
Israel Informs U.S. of Planned “Limited-Scale” Ground Operation in Lebanon
Israel has informed the U.S. that it plans to conduct a limited-scale ground operation in Lebanon that could begin imminently, an American official told the Washington Post.
The planned operation will be smaller in scale compared to Israel’s last war against Hezbollah in 2006, the official emphasized.
Kamala Harris: Official endorsement from the New York Times – “He is the most patriotic choice for president”
Thesis on the dilemma between Kamala Harris and Donald Trump, ahead upcoming election, the New York Times officially endorsed the vice president of the United States.
Motor Oil fined €9.2 mln for obstructing competition inspectors
Competition inspectors have fined the Motor Oil refinery 9.2 million euros and an employee €50,000 for obstructing an on-site inspection.
In a statement, the Hellenic Competition Commission said it had imposed the fines "after taking into consideration the particular seriousness of the related behavior, the disdain and their repercussion on the investigation taking place."