Marousi

A traffic policeman who became an Athenian icon for the cool and efficient manner with which he saw motorists in the capital's northern suburbs through some of the most nightmarish traffic snarls of the late 1980s and through the 1990s has died, according to a social media post on Tuesday.

The strong rains and winds across several parts of Greece felled trees and caused power outages.

Among the hardest hit areas were some of Athens' northern suburbs.

In the municipality of Filothei-Psychiko more than 40 trees were toppled and some streets remain closed to traffic, state broadcaster ERT reported.

More than 20 business deals were closed in 2023 in the food and beverage sector in Greece, a sector that was once again dominated by strong mobility. Moreover, a number agreements were launched in 2023 that are expected to be closed in 2024.

Hellenic Telecommunications Organization SA (OTE) CEO and Chairman of the Board Michael Tsamaz, its longest-serving director, will be leaving the company when his contract expires at the end of June 2024, the company announced on Thursday.

Listed telecom OTE on Thursday announced an increase in profitability, FTTH subscribers, as well as TV and mobile contract customers, for the third quarter of 2023.

However, it announced a drop in group EBITDA due to weaker business in Romania.

OTE's consolidated revenues were down 2.6% in the third quarter of 2023 to 881 million euros.

The first Apple Premium Partner Store in Greece will open on Saturday at The Mall Athens, with an inauguration ceremony at 1 p.m.

The iStorm store is one of only 10 such stores in Europe, serving as a vote of confidence by Apple in iStorm's prospects in Greece.

The Athens stock market rebounded strongly Monday, on the back of bank shares' performance and positions on other blue chips.

The general index ended up 1.74%, at 1,285.27 points, on turnover of €108.5 million.

The legend of Greek basketball, Nikos Galis, received a standing ovation from thousands of fans in the Athens Olympics Stadium complex (OAKA) in northern Athens. 

Before the start of the friendly match between Greece and Slovenia, Nikos Galis' jersey with the number 4 was raised up high above the court. 

OTE Group announced Thursday that second-quarter consolidated revenue rose 1.1% year-on-year, to €854.1 million.

But adjusted operating profit (after leases) fell 1.8% in the same period, to €326.8 million, with the strong results increase offset by negative ones in Romania. Q1 adjusted operating profit dropped 1.4%, to €648.8 million.

EFKA, the country's main pension fund, is proceeding with the utilization of an important asset, the building at 16 Praxitelous Street, very close to Klafthmonos Square in central Athens.