Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
Australia joins global outcry for Tempi tragedy anniversary
As Greece and Australia prepare for protests on February 28, marking the second anniversary of the tragic train collision in Tempi that claimed 57 lives. Australia joins global outcry for Tempi tragedy anniversary as mounting
Australia to euthanize 90 whales stranded in Tasmania
Australian authorities have made the difficult decision to euthanize 90 whales that were stranded on the shores of Tasmania after failed attempts to return them to the water. A total of 157 pilot whales became
Australia: Underwater structure taller than the Empire State Building discovered
Scientists exploring the Great Barrier Reef off the coast of Australia have uncovered a massive new reef that rises 500 meters from the seafloor. This colossal underwater structure surpasses the height of some of the
RBA announces quarter-point reduction in cash rate to 4.1%
The Reserve Bank has announced a quarter-point reduction in the cash rate to 4.1%. The decision is a sign the RBA believes inflation is being tamed, and there is room to ease pressure on mortgaged
New rules for Aussie Community Grants slammed as ‘woke’ and ‘ridiculous’
The Albanese government has faced backlash for altering the Stronger Communities program, which thousands of local sports clubs and community groups rely on for funding. The revised guidelines now prioritise spending on initiatives like First
Suburban Rail Loop funding released amid continued controversy
The Albanese government has announced the release of $2.2 billion in funding for the controversial Suburban Rail Loop (SRL), a promised contribution from the last federal election. This funding, however, comes with strict conditions and
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the measures is estimated to reach between €1.5 and €2 billion, with the primary goal of
Coronavirus Greece: 21 new confirmed cases, total 352
Greece’s health autho-rities announced on Monday 21 new confirmed cases of coronavirus, cases that increase the total number of inflections to 352. 65 patients are hospitalized, 9 of them are intubated hospitals ICU in Athens,
Greece shuts down Museums, Archaeological sites due to Coronavirus
The Greek Ministry of Culture announced on Friday that it is closing down the country’s museums and archaeological sites — at least until March 30 — to help control the spread of coronavirus. In a
Coronavirus: Greece holds its breath as tens of millions of Italians put in quarantine
As the number of coronavirus cases in the country rose to 84 on Monday with 11 new infections identified, health authorities called on people with symptoms of the virus to stay at home and avoid
The Hellenic Initiative Australia, renews grant for SOS family support program in Patras
The Hellenic Initiative Australia has renewed its support for SOS Children’s Villages Greece, providing children from disadvantaged families in the regional city of Patras with critical educational and nutritional support. The €20,000 grant renewal will
Greece’s Civil Aviation has suspended flights to/from North Italy
Greece’s Civil Aviation Authority has decided to suspend flights from all Greek airports to and from North Italy on Monday. “All flights to and from Northern Italy are suspended from all Greek airports and for
Greek Bishop “discovers” drug against coronavirus: Holy Water
Retired Greek Orthodox bishop Amvrosios presented to the faithful the “absolute” medication against the coronavirus: a small spray container full of Holy Water. This is the “eternal and indefinable” protection, he claimed. The former Bishop
Netanyahu and Trump discuss Israel’s plans to attack Gaza
Israeli Prime Minister Benjamin Netanyahu spoke by phone on Sunday with US President Donald Trump, where they discussed in detail Israel’s plans for a new military operation in the Gaza Strip. The conversation was made public in an official statement from the Israeli prime minister’s office, which released the basic
Turkey claims airspace violations in the Aegean are “legal”
Turkey has claimed that airspace violations in the Aegean are “legal” and “no threat to Greece.” Calling Turkish flights over Aegean “a threat” is incompatible to good neighborly ties, the Turkish Foreign Ministry said in
Recognition of Macedonian language a ‘grave mistake,’ says prominent linguist
Greece committed a “grave mistake” in recognizing the existence of a Macedonian language, prominent linguist and former education minister Georgios Babiniotis said, adding that the clause in the Prespes accord signed between Athens and Skopje
US Urges ‘Calm’ between India-Pakistan Conflict
International powers this week anxiously urged India and Pakistan to avoid further escalation of military confrontation. Given the two nations have gone to war on three occasions during the past seven decades and are both
Venezuela orders PDVSA to relocate to Moscow; Putin affirms support to Maduro
President Nicolas Maduro instructed the Lisbon branch of PDVSA to relocate to Moscow A top Venezuelan official has announced that President Nicolas Maduro has ordered national oil and gas company PDVSA to close its current
The CIA is using Turkey to pressure China
While Turkey has fostered economic links with China in order to solve its economic crisis, it has also publicly denounced the repression of the Uyghurs, basing its accusations on false information. Beijing sent a very
Turkish occupying troops advance positions in Cyprus
The Cypriot government announced on Friday that it is working in cooperation with the UN peacekeeping force to resolve tensions following an advance of the Turkish army inside Cyprus. Cyprus State radio (CyBC) said the
