Australia’s productivity collapses to zero amid weak investment and population surge
Australia’s labour productivity has effectively stalled, with new analysis showing growth has collapsed to zero, placing the country near the bottom of advanced economies since the COVID-19 pandemic. According to an OECD assessment cited in
Australian home prices poised to break all records in 2026
Australia’s housing market is set to enter unprecedented territory, with both house and unit prices in every capital city projected to hit new all-time highs by the end of 2026, according to Domain’s Forecast Report
Australia concedes defeat in high-stakes battle to host COP31, handing victory to Turkey
Australia is preparing to concede defeat in its bid to host next year’s major United Nations climate summit, COP31, despite months of lobbying, millions of dollars in preparatory work, and strong public advocacy from senior
Greece expands tourism footprint with new GNTO (EOT) office opening in Melbourne, Australia
Greece has taken a significant step toward strengthening its presence in the Australian tourism market with the official launch of a new Greek National Tourism Organization (GNTO) office in Melbourne. The office, housed within the
ANZ and NAB chiefs face parliamentary scrutiny after record fines and misconduct
Australia’s largest banks are facing intense parliamentary scrutiny as the government examines past misconduct, employment practices, and customer protections. ANZ’s new chief executive, Nuno Matos, publicly apologised to a parliamentary committee for the bank’s historic
Australians hold 209 million days of unused annual leave as employment landscape shifts
Australian workers are heading into the summer break with a massive stockpile of unused annual leave, collectively sitting on 209 million days of accrued holidays, new data from research firm Roy Morgan shows. The near-record
Surge in social media use replaces sport, reading and arts among Australian children
A dramatic rise in social media use among children and adolescents is reshaping daily routines and pushing aside key developmental activities such as sport, reading and music, according to a major new study by the
PULS missile system paves the way for Greece’s “Achilles Shield” as defence cooperation with Israel and UAE deepens
Greece is moving decisively to strengthen its military deterrence, following parliamentary approval for the acquisition of the Israeli-made PULS multiple rocket launcher system, a key component of the country’s planned multi-layered air and missile defence architecture known as the “Achilles Shield”. The Special Standing Committee on Armaments Programs of the
When calves seek shade at the beach you know it’s Heat Wave in Greece
Heat wave in Greece: It is currently so boiling hot in Greece that even calves seek the beach and shade under the sun umbrella. A swimmer was surprised to see a calf to have made
Austerity, unemployment behind ND lanslide
‘I am committed to fewer taxes, many investments, for good and new jobs, and growth which will bring better salaries and higher pensions in an efficient state’ Mitsotakis said. Greece’s opposition conservatives returned to power
Mitsotakis to CNBC: Talks with European partners will begin immediately; ND has presented a clear plan, ‘without surprises’
Kyriakos Mitsotakis’ first press statements after Sunday’s election victory by his center-right New Democracy (ND) came during an interview to CNBC, where he expressed gratitude over the election result – which will make him prime
The importance of the Greek Exclusive Economic Zone
In 1967, Malta’s Ambassador to the United Nations, Arvid Pardo, called for an international conference to devise a new law of the seas. In this call, he referred to the oceans as “the common heritage
Lamda Development warns against last-minute ministerial decisions regarding delay-plagued Helleniko project
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given that the privatization remains mired in Greece’s ubiquitous “red
Greece sees its future as the Florida of Europe
Tourists in hats, cameras slung around their necks, crane them for a view. In the heart of old Athens, it is a reminder that the holiday season has begun. Last week as parties from cruise
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European Union of suppressing free speech, manipulating democratic processes, enforcing double standards on energy policy, and
Saudi Arabia ends petrodollar agreement – or did they?
Stories about the fall of a long-standing ‘petrodollar’ deal between the US and Saudi Arabia spread like wildfire over the internet and social media. But the deal never officially existed. It seemed like big news,
Today is World Blood Donor Day
20 years of celebrating giving: thank you blood donors! On World Blood Donor Day, celebrated on 14 June 2024, WHO, its partners and communities across the world will unite behind the theme: 20 years of
EU Commissioner Johannes Hahn: Call on North Macedonia to respect the Prespa Agreement
In an appeal to the new government of North Macedonia and relevant stakeholders, European Union Commissioner Johannes Hahn stressed the importance of respecting the Prespa Agreement. Speaking to journalists in Brussels, he expressed concern about
Hamas accepts UN Security Council decision for ceasefire
Hamas has accepted the UN Security Council’s decision for a ceasefire in the Gaza war, Sami Abu Zuhri, a member of the Islamic organisation, told Reuters. Hamas is ready to negotiate the details of the
The European Parliament elections indicate a patriotic surge for right-wing parties
The European Parliament election outcomes reveal a significant surge in the favorability of right-wing parties: 🇫🇷 Marine Le Pen’s National Rally garnered 32-33% of the votes in France, leaving Macron’s Renaissance party trailing far behind
Mitzkoski: “I will call my country Macedonia”
VMRO-DPMNE leader and future Prime Minister of North Macedonia, Christian Mitzkoski, has said that while the constitutional name of the country (North Macedonia) will be used in official communications by state institutions, he will continue
