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Inflation in Greece climbs to 12.1% in September

In September the European Union-harmonized consumer price index in Greece reached its highest point since the country entered the eurozone, climbing to 12.1% from 11.2% in August, according to estimates Eurostat announced on Friday. Inflation in the eurozone also hit a historic high, reaching a double-digit rate for the first …

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Crucial port of Alexandroupolis to fall under American control

The port of Alexandroupolis in north-eastern Greece has grown in strategic importance as Washington strengthens military ties with the country. This has been to the detriment of America’s longtime ally, Turkey, as the authoritarian President Erdogan is increasingly distrusted by Western leaders. At the same time, the privatization of the …

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Gov’t announces 6 measures for cheap housing

The Greek government announced on Thursday several measures for cheap housing as they were proclaimed by the Prime Minister at the Thessaloniki International Fair (TIF) last Saturday. The so-called Social Housing Strategy benefits mostly young people up to 39 years old, but also homeowners who lease to young generations or …

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Lights out for Greece’s Parliament to save energy

The exterior lighting of the Parliament building in central Athens will not be switched on at night as part of the national effort to save energy. By decision of Parliament Speaker Kostas Tasoulas, the lighting on the front and sides of the building will be discontinued, while only the perimeter …

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