On 19 May 1821, the Ottoman governor of Chania, Serif Pasha, arrested and executed the Bishop of Kissamos, Melchizedek Despotakis, along with his deacon, Kallinikos. This brutal event took place in Chania, Crete, during the opening months of the Greek War of Independence. It was a deliberate act of intimidation intended to suppress the looming Cretan rebellion.

Eurobank has projected that its total financing in Crete between 2023 and 2028 will exceed €1.3bn, underlining what it describes as a long-term commitment to supporting the island’s development trajectory and local business ecosystem. The funding is directed towards investments across key sectors of the Cretan economy, including tourism and hospitality, energy and infrastructure, construction […]