Greece is ready to become the first or one of the first countries without cigarettes in the world, stressed the Vice President of Papastratos, Mr. Iakovos Kargarotos, who visited the stand of OT at the 85th Thessaloniki International Fair.
In his interview with OT, Mr. Kargarotos stressed that our country already has an advanced legal framework for smoking control and is ready for the next step: The final marginalization of cigarettes. He expressed the certainty that Greece can achieve this goal in a few years.
He stressed that Papastratos is already implementing the Sustainable Development Strategy announced in the context of celebrating its 90 years of operation, while also referring to a new large investment of the company, amounting to 125 million euros, which leads to the creation of 115 new jobs.
At the same time, Mr. Kargarotos referred to the regenerative agricultural pilot program ” NEW EARTH” announced in a press conference by Papastratos, in collaboration with Stevia Hellas, which aims at the holistic support of tobacco growers and the stevia as a viable alternative to tobacco, while saving , at the same time, natural resources.
Latest News
ELSTAT: 1.5% Increase in Business Turnover in May 2024
The most significant increase in turnover in May 2024 compared with May 2023 was recorded from the enterprises of the Accommodation and Food Service Activities, sector which grew by 14.8%.
Cosco: Container Traffic Decline at Piraeus Port Continues
This strategic shift has diminished Piraeus's standing as a prominent Mediterranean port and a key transshipment hub post-Suez Canal.
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates
ELSTAT: 6.3% Increase in Output Price Index for Agriculture and Livestock
The 6.3% rise in May 2024 is largely driven by an 8.8% increase in the crop output group, particularly due to changes in olive oil prices, and a 0.5% increase in the animal output group.
Balkans Blackout Highlights Climate Threats to Power Grids
The surge in electricity demand during the heat wave and the power deficit in Balkan markets have driven up prices in the Greek wholesale electricity market.
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
First Seaplane Test Flights to Skopelos, Alonissos, Skyros
After decades of on-again, off-again efforts to schedule regular seaplane routes to Greece's numerous island and coastal destinations the prospect now appears within sight
ELSTAT- Overall Import Price Index for May 2024 up 2.8% y-o-y
The same price index had decreased 20.8% from May 2022 to May 2023
Over 7 in 10 Employees Feel Their Contributions Are Not Appreciated
Specifically, the option "Subjective opinions are prioritized over objective data" ranked highest in importance for young employees, with a score of 3.89 out of 4