A highly contentious Egyptian court ruling has transferred ownership of the historic St. Catherine’s Monastery in Sinai to the Egyptian state, sparking tensions with Greece and raising concerns about the site’s future.
The European luxury hotel market saw a robust €10.95 billion in transactions across 137 deals involving four- and five-star hotels in 2024, as reported by Global Asset Solutions. Despite a volatile economic climate, the sector maintained strong momentum, with Greece standing out for its high-quality offerings despite fewer transactions.
This new authority will be designed along the lines of similar authorities elsewhere - mainly in Scandinavian countries, with Sweden being the closest example to what the government is trying to do in Greece, he said.
Although Jovanovic’s current contract was due to expire in 2026, the decision for an early renewal was made during a dinner meeting on Tuesday night (May 27), where EPO President Makis Gagatsis and the Serbian coach finalized the agreement with a handshake. Both parties reportedly expressed deep satisfaction with the progress of their collaboration.
A new European Parliamentary Research Service report shows that EU Member States collectively raised their defense spending from €218 billion in 2021 to €326 billion in 2024 — a 30% increase in real terms. But Greece, long accustomed to maintaining high defense outlays, stands out not just for meeting the 2% benchmark, but for consistently exceeding it — even during the depths of its financial crisis.
The findings, unveiled by the Athens-Macedonian News Agency, highlight severe challenges driven by tourism, agriculture, and aging infrastructure.
