International organizations

Greece has entered a virtuous cycle of growth, and the next few years will be especially beneficial to the economy and Greeks if political stability is maintained and business-friendly policies are implemented.

In an announcement on Thursday, the Union of Greek Shipowners welcomed the Green Deal Industrial Plan initiative, which is part of the European Union's Green Deal for net-zero emissions and the relevant legislative proposals.

Greece's defense minister announced Thursday that he will travel to neighboring Turkey next week as part of an effort to ease tension between the two NATO members, which have long-standing and often volatile disputes.

Nikos Panagiotopoulos told reporters in Athens that he would visit areas devastated by earthquakes in early February with Turkish Defense Minister Hulusi Akar.

Turkey's National Security Council on Thursday supported maintaining the positive climate in bilateral ties with Greece that emerged in the wake of the devastating earthquakes on February 6, adding that it would benefit both sides.

In a statement after convening in Ankara, the council added that ongoing developments in the Aegean and the East Mediterranean are being followed closely.

Prime Minister Kyriakos Mitsotakis said on Thursday a fence being constructed at Greece's northeastern border region of Evros will be completed "with or without European money."

When Athens' Syntagma Square was the center of violent mass protests at the height of Greece's debt crisis, many European journalists, officials and analysts were visiting the city. We had become, literally and figuratively, the "hottest" spot in Europe.

Greece raised 2.5 billion euros ($2.7 billion) on Wednesday with strong demand for a new 5-year bond, the day after Greek Prime Minister Kyriakos Mitsotakis called elections in late May.

Traders said Greece's debt agency was aiming to cover most of the annual borrowing needs before the country entered to a protracted pre-election period.

The demand for luxury homes in various regions of Greece last year recorded by Sotheby's International Realty reached 10.4 billion euros. This is an impressive increase over previous years, which has created optimism for further growth in the luxury housing market both this year and in the years to come.

"The law on the reform of the pension system was adopted in the French parliament and, if it passes the control of the constitutional council, then sooner or later it will have to be the topic for negotiating table, because regardless of the fact that the law has been adopted, it needs to be implemented, and that will not work easily because the unions in France are very influential," Duan Guja

Kenya's troubled national carrier, Kenya Airways, said on March 27 that its losses for last year more than doubled to $290 million, the worst results it has posted in its history.

The airline, whose slogan is "The Pride of Africa," has been running losses for years, despite the government pumping in millions of dollars to keep it afloat.