The war-footing in the Middle East, following Hamas’ terror attacks in southern Israel and the latter’s expected ground operation against Gaza, has expectedly caused turbulence in global markets, with Athens now concerned over its burgeoning bilateral trade with Israel.
Beyond building a strategic relationship with Israel over the past two decades, Athens also enjoys ever-growing trade ties. For instance, bilateral trade in 2022 reached 1.37 billion euros, up 45.8 percent from the preceding year. The increase was in favor of Greek imports, with the latter rising 54.9 percent, year-to-year – from 548.7 million euros in 2021 to 850 million euros in 2022.
Conversely, exports from Israel to Greece increased by 33 percent in 2022, rising to 523 million euros, up from 393 million euros in 2021.
According to the Greek-Israeli Chamber of Commerce, Greece mainly exports petrochemical products, copper and steel pipes, cables, construction materials, aluminum-making equipment and sulphides to the Mideast country.
In terms of foodstuffs, Greek imports to Israel include margarines, canned vegetables, cooking oils, fresh fruit, seafood, confectionary and baking goods, along with beer, nuts and yoghurt.
Israeli exports to Greece are mainly petroleum products, scrap metals, fertilizers, paper, plastics, pesticides and related chemical products.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
![Τουρισμός: Πάνω από 5 εκατ. αφίξεις σε καταλύματα τον Σεπτέμβριο [γραφήματα]](https://www.ot.gr/wp-content/uploads/2021/10/katalymata-90x90.jpg)
