2 million Greeks at risk of poverty
There were 698,454 households (out of 4,123,242 households in total) and their 1,881,600 members (out of a total of 10,534,857 people in the country's population) in the country at risk of poverty last year. According to ELSTAT's research on the risk of poverty, the average equivalent individual disposable income amounted to 9,382 euro, 3.9% higher than the previous year. In fact, according to a parallel survey on economic inequality, the highest individual annual income for the low-income population is 5,700 euro, while the lowest individual annual income for the highest-income population is 11,625 euro. 30% (3,161,900 people) of the country's population were at risk of...
Serbia: 21 parties and coalitions ask for the vote of 6.5 million Serb voters
Serbia has entered the final stretch for the June 21 general election, as the election "silence" is observed from midnight on Thursday to Friday, ending at 20:00 (local time) on Sunday, June 21. According to the Electoral Commission of the Republic, 21 electoral lists of parties and coalitions will run in the parliamentary election, which will compete to exceed the 3% threshold to gain representation in the Serbian National Assembly this year, while the seats in Parliament remain at 250. As many as 6,583,665 Serbs are eligible to vote in 8,386 polling stations. The Electoral Committee of the Republic (REC) is obliged to announce the...
Albania: Borrowing for the recovery from the pandemic to be directed towards Infrastructure and Energy
Albania's Finance and Economy Minister Anila Denaj said on Friday that the loan secured by the Albanian government would lead to the recovery of the economy affected by the COVID-19 health crisis. The Minister also stated that a first estimation was made of the damage caused by COVID-19 in the revenue, estimated to be at 5% of GDP. According to Denaj, public debt is estimated at 75-80%. Speaking about the recovery plan, Denaj said investing in infrastructure and energy is the Albanian government's top priority. "There is a foreign investment from a French company in the energy sector, worth about 150 million euro, for clean...
Serbia: It is important for citizens to go to the polls, Vučić says
"It is important on Sunday, despite the few corona-cases, that everyone in the polling stations have masks and all the protective equipment. It is important that people go to the polls", said Serbian President and SNS leader Aleksandar Vučić in one of his last appearances, as the election "silence" for the June 21 election begins. The President of Serbia and the leader of the Serbian Progressive Party, Aleksandar Vučić, was invited to a special show on Pink TV, in which he had his final interview before the elections of the Republic. "Everyone had some rallies; we were the only ones who didn't have them because...
Egyptian Foreign Ministry: Our priorities lie in coordination with Greece and regional issues
As part of the ongoing communication between the Foreign Ministers of Egypt and Greece, Minister of Foreign Affairs Sameh Shoukry welcomed, today, on Thursday 18 June, his Greek counterpart Nikos Dendias, with the two sides discussing ways to find a way to promote and develop cooperation between the two friendly countries in various fields, while also tapping on regional affairs and international issues of common interest. In a statement, Foreign Ministry Spokesman Ahmed Hafez notes: "Minister Shoukry welcomed his Greek counterpart and expressed his satisfaction with the high level of cooperation between Cairo and Athens at various levels, both bilaterally as well as in the...
BiH: Foreign Institutions hail SDA-HDZ agreement on Mostar elections
Foreign institutions, embassies and organisations welcomed the agreement that BiH political leaders reached on Wednesday, enabling the local elections in Mostar to take place after a 12-year deadlock, urging them to implement the necessary changes in parliamentary procedure as soon as possible. “Holding municipal elections in Mostar is included among the 14 key priorities of the Commission’s Opinion on the EU membership application of BiH.  As regards the political agreement on further electoral reform, the EU recalls the need to fully address the Opinion key priorities for BiH to progress on its EU accession path,” European Commission President Josep Borell and Enlargement Commissioner Oliver Varhelyi...
Greece: Greek tourism faces EUR 10 bln loses in revenue in 2020
The crisis in the Greek hotels will cause heavy losses, according to estimates by a special report by Ernst & Young, which predicts that seasonal hotels will suffer losses of 3.26 billion eurs and hotels that operate the whole year round 1.2 billion euro. That is, the total damage from the pandemic for the industry will reach 4.46 billion euro, as the country's tourism is estimated to lose 10 billion euro from the 18.2 billion euro of revenue it had attracted in 2019. As the tourism sector is a key pillar of the Greek economy, the impact on the country, as well as on a...
Turkey: Volkan Bozkir elected new President of the 75th Session of the UN General Assembly
Turkish diplomat Volkan Bozkir was elected President of the forthcoming UN General Assembly in a vote on Wednesday, which was typical of its time. Wearing facemasks and practicing physical distancing, ambassadors from 192 UN Member States filed into the iconic but empty General Assembly Hall to cast their ballots during pre-determined time slots: an added layer of protection in the COVID-19 era. “Since the onset of the COVID-19 pandemic, we have all had to work under extraordinary conditions to overcome the myriad of challenges facing us,” the current General Assembly President, Tijjani Muhammad-Bande, said ahead of the elections. “Indeed,” he added, “(they) represent our common...
Serbia: Vučić-Lavrov to discuss Washington’s initiative
Russian Foreign Minister Sergey Lavrov is visiting Belgrade today for talks with Serbian President Aleksandar Vučić. Ahead of today's meeting with President Vučić and his counterpart, Minister Ivica Dačić, Lavrov announced that the main topic of discussion would be Washington's proposal to meet with the leaders of Serbia and Kosovo at the White House in late June. As Lavrov said yesterday from Moscow, he expects to discuss specifically how the Serbian leadership sees the practical steps taken by the countries that offer their services in the mediation for the continuation of the dialogue. "President Vladimir Putin has repeatedly stressed, among other things, in meetings with...
Bulgaria: The country’s future depends heavily on BSP elections, Ninova says
The future of Bulgaria in the coming years depends largely on the choice of the Socialist Party (BSP), on what will happen with us, Socialist leader Cornelia Ninova told Bulgarian Television. She argued strongly that clear that the parallel state was in power, not in opposition. The resources are distributed there. "We are ready for early elections. We are looking for allies", Ninova stated, adding that they want the resignation of this government and much more. According to her, recent events prove that change is necessary and inevitable. The issue is not for them to leave, for us to take their place, the issue is...