Domain: kathimerini.gr

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kathimerini.gr

🌐 75% Global Worthiness

Apr 9, 10:13

Masoutis to Acquire Anedik Kritikos, Reshaping Greek Supermarket Landscape

Masoutis will acquire Anedik Kritikos, a Greek supermarket chain, creating a €2 billion turnover entity and reshaping the Greek grocery market by 2026; this follows a period of smaller acquisitions and reflects broader industry trends towards franchising and smaller stores.

Masoutis to Acquire Anedik Kritikos, Reshaping Greek Supermarket Landscape

Masoutis will acquire Anedik Kritikos, a Greek supermarket chain, creating a €2 billion turnover entity and reshaping the Greek grocery market by 2026; this follows a period of smaller acquisitions and reflects broader industry trends towards franchising and smaller stores.

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How has the post-pandemic economic climate influenced the recent merger and acquisition activity in the Greek supermarket sector?

The Masoutis-Anedik Kritikos merger reflects broader trends in the Greek supermarket sector: increased franchising and the rise of smaller sales points. This consolidation is likely a response to economic pressures, such as rising operational costs and decreased sales volumes following the pandemic and energy crisis.

kathimerini.gr

🌐 55% Global Worthiness

Apr 9, 13:20

Greek "My Home" Program Fuels Housing Price Surge in Athens and Thessaloniki

Increased demand from the second cycle of Greece's "My Home" program resulted in a significant rise in housing asking prices during Q1 2025, with Athens city center (11.8%, "2,317 euros/sq.m") and Thessaloniki (12.6%, "2,558 euros/sq.m") experiencing the largest increases.

Greek "My Home" Program Fuels Housing Price Surge in Athens and Thessaloniki

Increased demand from the second cycle of Greece's "My Home" program resulted in a significant rise in housing asking prices during Q1 2025, with Athens city center (11.8%, "2,317 euros/sq.m") and Thessaloniki (12.6%, "2,558 euros/sq.m") experiencing the largest increases.

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What is the impact of the "My Home" program's second cycle on housing prices in Athens and Thessaloniki?

During the first quarter of 2025, Athens city center and Thessaloniki municipality saw the highest increase in housing asking prices, reaching "2,317 euros/sq.m" and "2,558 euros/sq.m", respectively. This 11.8% and 12.6% rise is attributed to the second cycle of the "My Home" program, increasing demand for eligible properties.

kathimerini.gr

🌐 75% Global Worthiness

Apr 8, 07:13

Greece Suspends Criminal Prosecutions for Citizens with Regulated Public Debt

The Greek government will suspend criminal prosecutions for individuals with public debt who have payment arrangements; prosecution is suspended during the plan and eliminated upon full repayment, aiming to help citizens and improve debt collection.

Greece Suspends Criminal Prosecutions for Citizens with Regulated Public Debt

The Greek government will suspend criminal prosecutions for individuals with public debt who have payment arrangements; prosecution is suspended during the plan and eliminated upon full repayment, aiming to help citizens and improve debt collection.

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What are the potential long-term economic implications of this policy on debt collection and public finances in Greece?

The long-term impact of this policy will likely be observed in improved debt collection rates. By removing the threat of criminal prosecution for those actively participating in payment plans, the government aims to incentivize compliance and reduce the overall burden of non-performing loans. This could lead to reduced strain on the Greek public finances and greater economic stability.

kathimerini.gr

🌐 90% Global Worthiness

Apr 7, 13:16

Global Market Crash Following Trump's Tariff Announcement

President Trump's newly imposed tariffs triggered a global market crash, with major indexes in Asia and Europe experiencing significant drops, while the US president defended his actions as necessary medicine for the American economy.

Global Market Crash Following Trump's Tariff Announcement

President Trump's newly imposed tariffs triggered a global market crash, with major indexes in Asia and Europe experiencing significant drops, while the US president defended his actions as necessary medicine for the American economy.

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What is the immediate impact of President Trump's tariff announcement on global financial markets?

Global markets experienced a sharp downturn following President Trump's announcement of new tariffs. Asian markets saw significant drops, with Tokyo down 7.83%, Seoul down 5.57%, and Sydney down 4.23%. European markets also plummeted, with the Euro Stoxx 600 down over 6% and the FTSE 100 down 6.03%.

kathimerini.gr

🌐 90% Global Worthiness

Apr 7, 19:16

Trump's Tariffs Spark Global Economic Fears

President Trump announced sweeping tariffs on April 2nd, triggering immediate stock market declines and sparking concerns of a global trade war with China and other nations, potentially leading to a global recession and supply chain disruptions.

Trump's Tariffs Spark Global Economic Fears

President Trump announced sweeping tariffs on April 2nd, triggering immediate stock market declines and sparking concerns of a global trade war with China and other nations, potentially leading to a global recession and supply chain disruptions.

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What are the immediate economic consequences of President Trump's new tariffs, and how do they impact global markets?

President Trump's imposition of sweeping tariffs on various countries has triggered widespread concern among economists and investors, who predict significant global economic repercussions, including potential retaliatory measures, increased prices, and a global recession. The initial market reactions have shown significant drops in global stock markets.

kathimerini.gr

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Apr 7, 13:16

Turkey's Growing Property Acquisition in Greek Border Regions Raises Concerns

A wave of property acquisitions in Greece's Evros region and Aegean islands by Turkish entities has prompted concerns, leading to a parliamentary inquiry and calls for regulatory adjustments to address potential national security risks.

Turkey's Growing Property Acquisition in Greek Border Regions Raises Concerns

A wave of property acquisitions in Greece's Evros region and Aegean islands by Turkish entities has prompted concerns, leading to a parliamentary inquiry and calls for regulatory adjustments to address potential national security risks.

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How has the 2011 amendment to legislation concerning property purchases in border regions contributed to the observed increase in acquisitions by entities potentially linked to Turkish interests?

The events highlight concerns over property acquisitions in Greece's Evros region and the Aegean islands by Turkish interests, potentially leveraging legal loopholes. These concerns prompted 11 MPs from the New Democracy party to submit a parliamentary question, echoing similar anxieties raised by notaries and lawyers. The issue is underscored by the 2011 amendment of legislation related to property purchases in border regions, which removed the need for approval from a committee including the Ministry of National Defence for EU-based companies and citizens.

kathimerini.gr

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Apr 9, 10:13

Greek Economy to Grow 2.3% in 2025 Despite US Tariff Risks

The Bank of Greece's annual report forecasts 2.3% Greek economic growth in 2025 despite US tariff risks potentially causing a global trade war and impacting investment, while highlighting the need for continued reforms to boost competitiveness and attract foreign investment.

Greek Economy to Grow 2.3% in 2025 Despite US Tariff Risks

The Bank of Greece's annual report forecasts 2.3% Greek economic growth in 2025 despite US tariff risks potentially causing a global trade war and impacting investment, while highlighting the need for continued reforms to boost competitiveness and attract foreign investment.

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How might the indirect effects of a global trade war, triggered by US tariffs, affect the Greek economy and its growth trajectory?

Increased global uncertainty, stemming from US tariffs, poses risks to the Greek economy, potentially impacting investment and growth through reduced demand for Greek goods and services. The report highlights the difficulty in quantifying these impacts due to various unpredictable factors.

kathimerini.gr

🌐 85% Global Worthiness

Apr 8, 01:13

Greek Government Accused of Suppressing Tempi Train Tragedy Investigation

Maria Karystinou, president of the Tempi train tragedy victims' association, accuses the Greek government of suppressing information and spending €4.5 million on the EOODSAAM report and an additional €1.5 million on a public relations campaign to manage public dissatisfaction, prompting a Supreme Co...

Greek Government Accused of Suppressing Tempi Train Tragedy Investigation

Maria Karystinou, president of the Tempi train tragedy victims' association, accuses the Greek government of suppressing information and spending €4.5 million on the EOODSAAM report and an additional €1.5 million on a public relations campaign to manage public dissatisfaction, prompting a Supreme Co...

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What specific actions has the Greek government taken to influence the Tempi train tragedy investigation, and what are the immediate consequences of these actions?

Maria Karystinou, president of the Victims' Association of the Tempi train tragedy, questions the handling of the investigation. She alleges that information contradicting the government's narrative is suppressed, citing the €4.5 million cost of the EOODSAAM report and rumors of an additional €1.5 million spent on countering public dissatisfaction. She calls for accountability regarding the use of public funds.

kathimerini.gr

🌐 95% Global Worthiness

Apr 7, 13:16

44 Palestinians Killed in Gaza Airstrikes; Israel Vows Retaliation

At least 44 Palestinians were killed in Israeli airstrikes on Sunday in Gaza, following a barrage of rockets from Gaza into Israel. Israel's Prime Minister vowed a forceful response, escalating a conflict that began with a Hamas attack on October 7, 2023.

44 Palestinians Killed in Gaza Airstrikes; Israel Vows Retaliation

At least 44 Palestinians were killed in Israeli airstrikes on Sunday in Gaza, following a barrage of rockets from Gaza into Israel. Israel's Prime Minister vowed a forceful response, escalating a conflict that began with a Hamas attack on October 7, 2023.

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How did the October 7, 2023 Hamas attack on Israel directly contribute to the current escalation of violence in Gaza?

The current violence is a direct consequence of Hamas's October 7, 2023 attack on Israel. Netanyahu's government justifies its intense military pressure as the only way to secure the return of hostages held by Hamas fighters in Gaza. This response has led to widespread devastation and a humanitarian crisis.

kathimerini.gr

🌐 90% Global Worthiness

Apr 7, 13:16

US House Bill Expands Eastern Mediterranean Security Cooperation

A bipartisan US House bill proposes expanding the "3+1" security framework with Greece, Israel, and Cyprus, establishing new counterterrorism and maritime security training centers in Cyprus and Crete, lifting the arms embargo on Cyprus, and creating a permanent interparliamentary group to enhance c...

US House Bill Expands Eastern Mediterranean Security Cooperation

A bipartisan US House bill proposes expanding the "3+1" security framework with Greece, Israel, and Cyprus, establishing new counterterrorism and maritime security training centers in Cyprus and Crete, lifting the arms embargo on Cyprus, and creating a permanent interparliamentary group to enhance c...

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How does this bill address the issue of counterterrorism and maritime security, and what specific mechanisms are proposed?

Building on the 2019 EastMed Act and the 2021 US-Greece Defense and Interparliamentary Cooperation Act, this legislation enhances US presence and commitment to the region. It establishes new training centers in Cyprus (CYCLOPS) and Crete (Souda Bay Naval Base), focusing on counterterrorism and maritime security training, and includes funding for these initiatives.

kathimerini.gr

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Apr 7, 16:10

Trump's Tariffs Trigger Global Market Meltdown

President Trump's announcement of sweeping tariffs caused a \$5 trillion global market sell-off, sending European markets to 16-year lows and prompting calls for a reversal, despite Trump's assertion that the tariffs are a necessary 'medicine'.

Trump's Tariffs Trigger Global Market Meltdown

President Trump's announcement of sweeping tariffs caused a \$5 trillion global market sell-off, sending European markets to 16-year lows and prompting calls for a reversal, despite Trump's assertion that the tariffs are a necessary 'medicine'.

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What are the economic consequences of Trump's tariffs for the US economy, and what is the likelihood of a recession?

Trump's tariff policy has caused significant global economic turmoil, with major stock market indices experiencing sharp declines and several countries expressing concerns. Leading economists now predict a significant increase in the likelihood of a US recession as a result of these tariffs.

kathimerini.gr

🌐 85% Global Worthiness

Apr 7, 13:16

Tsipras Urges International Cooperation Amidst US-China Tensions

Addressing the 28th Harvard College China Forum, former Greek Prime Minister Alexis Tsipras urged international cooperation to navigate global economic instability, criticizing short-term approaches and advocating for long-term agreements and multilateral solutions, emphasizing the need to protect a...

Tsipras Urges International Cooperation Amidst US-China Tensions

Addressing the 28th Harvard College China Forum, former Greek Prime Minister Alexis Tsipras urged international cooperation to navigate global economic instability, criticizing short-term approaches and advocating for long-term agreements and multilateral solutions, emphasizing the need to protect a...

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What is the central message of Tsipras's speech regarding global economic cooperation and the current geopolitical landscape?

Former Greek Prime Minister Alexis Tsipras addressed the 28th Harvard College China Forum, emphasizing the need for international cooperation despite rising global tensions. He urged leaders to prioritize long-term interests through new agreements, rather than focusing solely on short-term gains in a rule-less international environment.

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