News archive of November 2024

Foreign minister reiterates Greek support for Ukraine

Foreign Minister George Gerapetritis reiterated Greece's support for Ukraine in a telephone discussion with his Ukrainian counterpart Anrdrii Sybiha on Friday.

The Greek ministry followed up the conversation between the two officials with a post noting that Gerapetritis "reiterated Greece's steadfast support for Ukraine, its sovereignty and territorial integrity".

Service sector feeds inflation

Inflation is proving extremely persistent, as despite hopes for a de-escalation in October, it strengthened further and reached 3.2%, according to Eurostat estimates, compared to 3.1% in September.

Bulgaria's Wage Hike Still Falls Short: 240 Years to Catch Up with Germany

The minimum wage in Bulgaria is set to increase to 1,077 leva (550 euros) on January 1, 2025, which is an increase of 144 leva or about 73.6 euros. This adjustment will bring Bulgaria's minimum wage within 6.6 euros of Germany's lowest wage, which is scheduled to rise from 12.41 euros to 12.82 euros, representing a modest 3.3% increase.

First residents at Elliniko by Christmas 2026

The first residents of the Elliniko development in southern Athens are expected to move in by end-2026, Lamda Development CEO Odisseas Athanasiou told press representatives, after their tour of the construction sites.

"The projects are advancing as planned, despite the difficult construction market," he noted.

Erdoğan hails Iraq's 'positive steps' in fight against terrorist group PKK

President Recep Tayyip Erdoğan on Friday hailed the Iraqi government's recent efforts against the terrorist group PKK, including officially declaring it illegal.

Erdoğan expressed Ankara's satisfaction with these "positive steps" during a meeting with Iraqi Prime Minister Mohammed Shia al-Sudani in Istanbul, according to Türkiye's Communications Directorate.

Defense Ministry’s new armament package imminent 

Defense Minister Nikos Dendias is preparing to present, within the next few days, a twelve-year defense package designed to strengthen and modernize the country's defense capabilities.  

The plan, based on operational needs identified by armed forces staff, is expected to be presented to the Parliamentary Arms Committee by mid-November for approval.  

Canada Advocates for Ukraine's Use of Long-Range Weapons in Russia

In an interview with Radio Canada, Canadian Foreign Minister Mélanie Joly stated that Ukraine should have the ability to strike military targets far within Russian territory using long-range weapons. Joly explained that Canada supports this stance, emphasizing that Ukraine requires this capability for its self-defense and will advocate for this position in talks with allies.

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