Greece Financial News

The owner of a Greek oil tanker that discharged nearly 10,000 gallons of oily bilge water into the ocean has been ordered by a federal judge to pay $2.25 million in fines and penalties

Greece’s resort island of Rhodes is nursing its wounds after 11 days of devastating wildfires

Greece’s resort island of Rhodes is nursing its wounds after 11 days of devastating wildfires

Let's take a look at how certain countries are dealing with the problem: 1) Italy Italy has introduced entrance fees to some of its popular tourist attractions. This measure is being taken to to help control the number of visitors and generate revenue for local authorities. Venice now requires tourists to pay an entrance fee of €3 to €10 to access the city and its islands. This has helped in reducing the visitors and improve the quality of life for locals. 2) Greece Greece in a recent announcement said that they will be implementing time slot system in its most visited site, the Acropolis. Additionally, daily visits to the Acropolis will be limited to 20,000 individuals, with visitors being assigned specific hourly slots during the monument's 12-hour daily operation. Greece has also decided to charge entry fee to some of its tourist spots.

Vincenzo La Porta, a 60-year-old on Italy's most-wanted list, was spotted in a photo taken during the Napoli fans' festivities at a restaurant on the Greek island. La Porta, considered associated with the Naples-based Camorra crime syndicate, had been evading authorities for 11 years. However, his passion for soccer and hometown team Napoli ultimately proved to be his downfall. Italian Carabinieri police tracked down the fugitive after spotting him holding a sky-blue scarf, Napoli's team colors, in the celebratory photo. With help from Greek authorities, La Porta was arrested while riding a motor scooter on Corfu.

Brand India enjoys liable to misuse? PM Narendra Modi's well-known flair for wordplay, using alliteration and other rhetorical devices, was given another airing when, during the parliamentary deadlock over the violence in Manipur, he took a dig at the opposition combine, which has adopted the acronym INDIA, and pointed out that the word 'India' has often been used as guise, or camouflage, by all manner of entities engaged in various kinds of nefarious activities. In support of his claim, he cited examples as diverse as the Indian National Congress, set up during the Raj under the auspices of Alan Octavian Hume after the 1857 uprising as a 'safety valve' and a counter-revolutionary sop to further British imperialism, and terrorist organisations such as the Indian Mujahideen and the Popular Front of India.

Joyeeta Gupta, professor of environment and development in the Global South at the University of Amsterdam, won the Spinoza Prize, the highest award in Dutch academia, sometimes referred to as the Dutch Nobel prize. Gupta’s work lies at the intersection of climate crisis, governance and justice, and the jury recognised it as “extremely broad and interdisciplinary”: She was also the lead author of the United Nations Intergovernmental Panel on Climate Change (IPCC), which won the Nobel Peace Prize in 2007 along with former US vice-president Al Gore.

Wordle is to be played on the NYT website or the Wordle mobile application. The single-player game requires you to guess a five-letter word, in six chances. Here are the clues to this Saturday's word puzzle, the Wordle 777 for August 5, 2023. Read on to know more.

A zoo outside Athens is feeding animals with frozen meals to help shield them from the searing heat as heat wave temperatures return to Greece

Greece’s finance minister has promised to step up inspections of beach bars and other businesses renting out seaside sunbeds and umbrellas

Lufthansa to reimburse the airfares totaling Rs 4.5 lakh and pay an additional compensation of Rs 25,000 to the child and mother for denying boarding in an Athens-bound flight. As per a ToI report, the child and mother were grounded at Kempegowda International Airport (KIA) in Bengaluru in 2021. The airline's ground staff reportedly denied boarding, claiming that transit through Germany was prohibited with an emergency travel document.

Greece's government says visitors to the Acropolis of Athens will be capped starting next month at a maximum 20,000 daily and subject to varying hourly entry limits

Russell Crowe and directed by Julius Avery, premiered in theaters worldwide earlier in 2023. Now, it is scheduled to come to Netflix in the United States through the Sony Picture first window output deal. However, viewers in other regions will have to wait a bit longer before it becomes available on the platform. The movie, ‘The Pope’s Exorcist’ is based on the real-life files of Father Gabriele Amorth, who investigated a young boy's frightening possession. Alongside Crowe, the film features actors Daniel Zovatto, Alex Essoe, and Franco Nero. Reviews for the movie have been mixed, with Moviehole comparing it to a blend of The Da Vinci Code and The Exorcist, praising Crowe's performance as the standout factor. The Pope's Exorcist debuted in the United States on April 14th, 2023, while international regions showcased it a week earlier on April 7th. It grossed over $75 million at the box office and received mostly positive feedback from audiences, though critics' ratings on RottenTomatoes stand at 45%.

Greek authorities are planning tougher penalties for arson with fines to be increased to 10 times the current level

J Robert Oppenheimer’s life story is one for the movies. Oppenheimer was a brilliant, ambitious, driven, exacting, anxious and guilt-ridden chemist turned theoretical physicist. Dissatisfied with laboratory work in chemistry at Harvard University, Oppenheimer received his PhD in theoretical physics at Germany’s University of Gottingen.

Greece’s prime minister says his country wants to take full advantage of a developing positive climate with neighboring Turkey in order to improve bilateral relations despite a string of decades-old disputes

weather forecast would drastically reduce the prescience and preparedness of more than 35 countries, NATO, at least one space agency and a great many research institutions and businesses. The operation must run constantly, says Mr Dell’Acqua, who is in charge of the whole affair. “It’s really critical." Built inside a former tobacco factory, the Bologna data centre is a nerve centre of ECMWF’s operations.

A post shared by The Bank Tavern (@thebanktavern) The Sunday Roast is their most popular menu which usually serves a 30 day dry aged rare topside of beef slow cooked pork belly. Moreover, the menu also usually have honey and rosemary roasted leg of lamb, vegetable and lentil loaf. As per the sample of their Sunday Roast menu, for starters, they serve Greek squid balls, masoor dahl pakoras, maple siracha glazed pork belly with apple slaw.

Greek island of Rhodes, some people are spending their vacation on empty beaches amongst charred trees and burnt land. The fires, spurred by a sweltering heat wave that blanketed the country, triggered a huge evacuation of residents and tourists on the island last weekend as forests burned for a week. As wildfires scorched the land, tourist and residents worked to extinguish fires by seaside resorts.

Google Doodle is celebrating the 148th birthday of Belgian educator and one of the first feminists, Isabelle Gatti de Gamond. Gatti is responsible for founding the first secondary school for women in Belgium and is credited with writing the book on the country's female education system. Born in Paris on 28 July 1839, Gatti de Gamond's family moved to Brussels when she was just 5 years old.

By Patricia Zengerle