Domain: kathimerini.gr

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kathimerini.gr

🌐 85% Global Worthiness

May 16, 10:12

Germany's 5% GDP Defense Pledge Spurs NATO Spending Plan

Following Germany's pledge to raise defense spending to 5% of its GDP, NATO Secretary-General Mark Rutte proposed a plan to increase NATO spending to 5% of its GDP by 2032, splitting it into 3.5% for core military activities and 1.5% for related security investments, a proposal that has gained suppo...

Germany's 5% GDP Defense Pledge Spurs NATO Spending Plan

Following Germany's pledge to raise defense spending to 5% of its GDP, NATO Secretary-General Mark Rutte proposed a plan to increase NATO spending to 5% of its GDP by 2032, splitting it into 3.5% for core military activities and 1.5% for related security investments, a proposal that has gained suppo...

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Peace, Justice, and Strong Institutions

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What is the immediate impact of Germany's pledge to increase defense spending to 5% of its GDP on NATO's overall spending target?

Germany's commitment to increase defense spending to 5% of its GDP has encouraged NATO allies to consider raising the NATO spending target. Mark Rutte proposed a "3.5% - 1.5%" formula, allocating 3.5% to core defense and 1.5% to related security investments. This plan, aiming for a gradual increase by 2032, has received support from several countries, including Germany and France.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 10:12

Turkey Rejects EU Cyprus Envoy Appointment, Accusing Bias

Turkey criticizes the appointment of Johannes Hahn as the EU's special representative for Cyprus, accusing the EU of bias towards Greek Cypriots due to their EU membership despite the rejection of the 2004 UN settlement plan, urging Hahn to acknowledge the existence of two states.

Turkey Rejects EU Cyprus Envoy Appointment, Accusing Bias

Turkey criticizes the appointment of Johannes Hahn as the EU's special representative for Cyprus, accusing the EU of bias towards Greek Cypriots due to their EU membership despite the rejection of the 2004 UN settlement plan, urging Hahn to acknowledge the existence of two states.

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40% Bias Score

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Peace, Justice, and Strong Institutions

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What are the underlying historical and political factors contributing to Turkey's perception of EU bias in the Cyprus issue?

Turkey's criticism highlights the deep-seated divisions over Cyprus, stemming from the unresolved status of the island and Turkey's recognition of the Turkish Cypriot side. This appointment could further strain EU-Turkey relations and complicate efforts towards a lasting settlement.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 10:12

Attica Bank's Q1 2025 Profitability Turnaround

Attica Bank reported a €100,000 profit in Q1 2025, reversing a €3.6 million loss in Q1 2024, driven by increased net interest income (up 90% to €36.8 million), higher net fees and commission income (up 129% to €7.1 million), and cost-cutting measures including a voluntary redundancy program affectin...

Attica Bank's Q1 2025 Profitability Turnaround

Attica Bank reported a €100,000 profit in Q1 2025, reversing a €3.6 million loss in Q1 2024, driven by increased net interest income (up 90% to €36.8 million), higher net fees and commission income (up 129% to €7.1 million), and cost-cutting measures including a voluntary redundancy program affectin...

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28% Bias Score

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Decent Work and Economic Growth

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What were the key factors driving Attica Bank's significant turnaround in profitability during the first quarter of 2025?

Attica Bank reported a €100,000 profit in Q1 2025, a significant improvement from a €3.6 million loss in the same period of 2024. Recurring operating profits reached €20.1 million, compared to €8.7 million in Q1 2024. This is attributed to a 90% increase in net interest income, reaching €36.8 million.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 10:12

Greece's Debt Reduction Success Masked by High Debt and Negative Investment Position

Greece's debt-to-GDP ratio decreased significantly (60% since Q1 2021), the highest reduction rate in the Eurozone, yet its public debt (154% of GDP) is the highest, while its negative net international investment position (-132% of GDP) is the worst, raising concerns about medium-term debt sustaina...

Greece's Debt Reduction Success Masked by High Debt and Negative Investment Position

Greece's debt-to-GDP ratio decreased significantly (60% since Q1 2021), the highest reduction rate in the Eurozone, yet its public debt (154% of GDP) is the highest, while its negative net international investment position (-132% of GDP) is the worst, raising concerns about medium-term debt sustaina...

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Reduced Inequality

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What are the immediate implications of Greece's high debt level, despite its success in reducing its debt-to-GDP ratio?

Greece has significantly reduced its debt-to-GDP ratio in recent years, achieving the highest reduction rate in the Eurozone. However, its public debt remains the highest in the region at 154% of GDP, and its net international investment position is the worst at -132% of GDP, raising concerns about debt sustainability.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 10:12

Greek Prison Mothers Penalized for Protesting Hazardous Conditions

Four mothers at the Eleona Women's Prison in Thebes, Greece, peacefully protested hazardous conditions—a broken sink, exposed wires, and damaged playground equipment—after repeated complaints were ignored; they received a 51-point disciplinary penalty.

Greek Prison Mothers Penalized for Protesting Hazardous Conditions

Four mothers at the Eleona Women's Prison in Thebes, Greece, peacefully protested hazardous conditions—a broken sink, exposed wires, and damaged playground equipment—after repeated complaints were ignored; they received a 51-point disciplinary penalty.

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56% Bias Score

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Clean Water and Sanitation

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What underlying issues within the Greek prison system contributed to the mothers' protest and subsequent disciplinary action?

The mothers' protest highlights systemic issues within the Greek prison system concerning the inadequate maintenance of facilities and the treatment of incarcerated mothers and their children. The 51-point penalty, which could impact their parole eligibility, underscores a potential pattern of punishing inmates for advocating for their basic rights.

kathimerini.gr

🌐 35% Global Worthiness

May 16, 13:12

Greek Police Bust Church Burglary Ring

Greek authorities arrested four members of a criminal organization on May 14, 2025, for burglarizing churches, resulting in over €197,000 in profits and 33 solved cases; seized items included jewelry, a carbine, and three vehicles.

Greek Police Bust Church Burglary Ring

Greek authorities arrested four members of a criminal organization on May 14, 2025, for burglarizing churches, resulting in over €197,000 in profits and 33 solved cases; seized items included jewelry, a carbine, and three vehicles.

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Peace, Justice, and Strong Institutions

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How did the criminal organization operate, and what measures did its members take to avoid detection?

The criminal organization operated with a structured modus operandi, using surveillance vehicles to target mainly rural churches. They used a second vehicle for the burglaries, employing tools to force entry and disguises to avoid identification. Their thefts included cash, religious artifacts, and votive offerings, often made of gold or silver.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 13:12

High Greek Business Loan Rates Despite ECB Cuts

Greek business loan interest rates remain high despite ECB rate cuts, contrasting with relaxed lending criteria and high loan demand driven by investments and EU funds, reaching €2 billion in net financing in 2024.

High Greek Business Loan Rates Despite ECB Cuts

Greek business loan interest rates remain high despite ECB rate cuts, contrasting with relaxed lending criteria and high loan demand driven by investments and EU funds, reaching €2 billion in net financing in 2024.

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28% Bias Score

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Decent Work and Economic Growth

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How do the trends in Greek business loan demand compare to the Eurozone, and what factors explain the divergence?

The Bank of Greece's report highlights that increased demand for loans in Greece, driven by investments, working capital, mergers and acquisitions, contrasts with the declining demand seen in the Eurozone. While Greek business lending increased by 9.5% in 2024 and reached 16.8% in March 2025, the net financing flow for businesses rose to €2 billion in 2024 from €1.4 billion in 2023. This robust demand is fueled by the Recovery and Resilience Facility and the National Strategic Framework 2021-2027.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 10:12

Greece Exceeds Budget Targets in First Four Months of 2025

Greece's government budget showed a €60 million surplus in the first four months of 2025, exceeding tax revenue targets by €1.455 billion (7%) due to improved tax collection and lower-than-expected spending, excluding recently announced €1.1 billion relief measures.

Greece Exceeds Budget Targets in First Four Months of 2025

Greece's government budget showed a €60 million surplus in the first four months of 2025, exceeding tax revenue targets by €1.455 billion (7%) due to improved tax collection and lower-than-expected spending, excluding recently announced €1.1 billion relief measures.

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32% Bias Score

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Reduced Inequality

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How did the timing of tax collection and government spending affect the overall budget outcome?

The positive budget performance is attributed to increased tax revenue collection efficiency and earlier-than-expected income tax collection. This is primarily due to improved tax collection mechanisms and the early launch of the tax declaration application in March 2025. These factors offset lower-than-expected government spending.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 10:12

Greece and Turkey to Hold Multiple Meetings, Marine Park Announcement Imminent

Greek Foreign Minister Gerapetritis and Turkish Foreign Minister Fidan discussed upcoming bilateral meetings, including a potential Supreme Cooperation Council by early July, preceded by political dialogue and positive agenda discussions; Greece also plans to announce two marine parks within 20 days...

Greece and Turkey to Hold Multiple Meetings, Marine Park Announcement Imminent

Greek Foreign Minister Gerapetritis and Turkish Foreign Minister Fidan discussed upcoming bilateral meetings, including a potential Supreme Cooperation Council by early July, preceded by political dialogue and positive agenda discussions; Greece also plans to announce two marine parks within 20 days...

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40% Bias Score

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Peace, Justice, and Strong Institutions

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What are the key dates and participants in the upcoming series of Greek-Turkish meetings, and what immediate impacts are anticipated?

Greek Foreign Minister George Gerapetritis and his Turkish counterpart Hakan Fidan discussed the schedule of upcoming Greek-Turkish meetings at various levels. Preparations for the next Greece-Turkey Supreme Cooperation Council (SCC) were discussed, with announcements regarding the dates of political dialogue, a positive agenda, and the SCC expected in the coming days. The SCC, potentially involving Prime Minister Kyriakos Mitsotakis and President Recep Tayyip Erdogan, could take place in Ankara by early July.

kathimerini.gr

🌐 75% Global Worthiness

May 16, 01:13

Opaque Costs in Greece's Electricity Market to Reach €500 Million in 2025

Greece's energy market design is imposing €500 million in hidden costs on consumers in 2025 due to a flawed system that charges conventional power plants at high balancing market rates even when needed for grid stability, creating a €1 billion projected cost for consumers in 2025.

Opaque Costs in Greece's Electricity Market to Reach €500 Million in 2025

Greece's energy market design is imposing €500 million in hidden costs on consumers in 2025 due to a flawed system that charges conventional power plants at high balancing market rates even when needed for grid stability, creating a €1 billion projected cost for consumers in 2025.

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48% Bias Score

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Affordable and Clean Energy

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What is the immediate financial impact of Greece's electricity market design on consumers and businesses?

The flawed Greek electricity market model is transferring opaque costs to businesses and households, projected to reach €500 million in 2025. This is according to EVIKEN, representing energy-intensive industries, who report that balancing market prices have more than doubled in the last year.

kathimerini.gr

🌐 65% Global Worthiness

May 16, 10:12

Greek Property Tax: €2.3 Billion ENFIA Due, Attica Bears Largest Burden

Greece's 2024 ENFIA (property tax) totals €2.3 billion, with Attica paying the most (€1.21 billion) out of 6,164,976 taxpayers, despite a total objective property value of €777.8 billion and an estimated market value exceeding €1.1 trillion, reflecting a 30% average price increase since January 2022...

Greek Property Tax: €2.3 Billion ENFIA Due, Attica Bears Largest Burden

Greece's 2024 ENFIA (property tax) totals €2.3 billion, with Attica paying the most (€1.21 billion) out of 6,164,976 taxpayers, despite a total objective property value of €777.8 billion and an estimated market value exceeding €1.1 trillion, reflecting a 30% average price increase since January 2022...

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Reduced Inequality

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What is the total amount of ENFIA to be paid in Greece this year, and how is it distributed among different regions?

The total objective value of real estate in Greece is €777.8 billion, while the actual market value exceeds €1.1 trillion. A 30% average increase in market prices since the last zone price adjustment in January 2022, with higher increases in tourist and urban areas, accounts for this discrepancy. This year, individuals and businesses will pay €2.3 billion in ENFIA (property tax).

kathimerini.gr

🌐 95% Global Worthiness

May 15, 10:12

80 Palestinians Killed in Gaza Airstrikes Amid Ongoing Israeli Offensive

Israeli airstrikes in Gaza killed at least 80 Palestinians, including 22 children, on Wednesday, following Prime Minister Netanyahu's declaration that the offensive won't stop until Hamas is eliminated; the Israeli blockade of Gaza continues, worsening a humanitarian crisis, despite the release of a...

80 Palestinians Killed in Gaza Airstrikes Amid Ongoing Israeli Offensive

Israeli airstrikes in Gaza killed at least 80 Palestinians, including 22 children, on Wednesday, following Prime Minister Netanyahu's declaration that the offensive won't stop until Hamas is eliminated; the Israeli blockade of Gaza continues, worsening a humanitarian crisis, despite the release of a...

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60% Bias Score

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No Poverty

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How has the ongoing Israeli blockade impacted the humanitarian situation in Gaza, and what is the international response to this?

These attacks follow Prime Minister Netanyahu's declaration that the Israeli offensive will not stop until Hamas is eliminated. The attacks occurred despite the release of an Israeli-American hostage by Hamas and President Trump's visit to Saudi Arabia. The Israeli blockade of Gaza, now in its third month, has exacerbated the humanitarian crisis, with almost half a million Palestinians facing famine.

Showing 157 to 168 of 3,521 results