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OT |

English Edition

Real Estate: The Prospects for Residential Development in the Greek Market
English Edition |

Real Estate: The Prospects for Residential Development in the Greek Market

The scale of residential developments varies depending on the area. Different needs and infrastructures exist in regional cities, Thessaloniki, Patras, Heraklion, and each municipality in Athens

Prinos CO2: EU Approves €150M for CCS Project, Final OK Pending
English Edition |

Prinos CO2: EU Approves €150M for CCS Project, Final OK Pending

So far, the CO2 storage capacity at Prinos has been confirmed at 1million tons annually, with indications showing that it could accommodate up to 3 million tons per year in full development

Over 1,000 New Traffic Cameras to be Installed in Athens
English Edition |

Over 1,000 New Traffic Cameras to be Installed in Athens

1,800 new cameras are soon expected around Attica to monitor crime and particularly traffic violations

Alexandroupolis FSRU Unit Starts Commercial Operation
English Edition |

Alexandroupolis FSRU Unit Starts Commercial Operation

The project is considered an essential piece of a greater plan for the region that will create a ‘Vertical Corridor’ to improve the energy security of central and southeast Europe

August 2024 Jobless Rate in Greece at 9.4%: ELSTAT
English Edition |

August 2024 Jobless Rate in Greece at 9.4%: ELSTAT

The total number of individuals without work in the country amounted to 444,402, marking a decrease of 90,496 persons in comparison with August 2023.

ELSTAT Highlights Greek Demographic Problem in Report
English Edition |

ELSTAT Highlights Greek Demographic Problem in Report

Total births in 2023 amounted to 71,455, a 6.1% drop compared to 2022, when there were 76,095 births

EU Launches Infringement Process against Greece, 16 Other States for Failing to Implement CSRD
English Edition |

EU Launches Infringement Process against Greece, 16 Other States for Failing to Implement CSRD

The member-states in question now have two months to respond and complete their transposition

Inflation: 3% in Greece in September – 1.8% in the Eurozone
English Edition |

Inflation: 3% in Greece in September – 1.8% in the Eurozone

At the same time, the consumer price index in the Eurozone increased by 1.8% during the same month (down from 2.2% in Aug.), falling below the European Central Bank's (ECB) target of 2%.

Trio of SE Europe Ministers Call for EU Action to Address Surging Power Prices
English Edition |

Trio of SE Europe Ministers Call for EU Action to Address Surging Power Prices

The energy ministers of Greece, Bulgaria and Romania said sharp price hikes in SE Europe's wholesale power markets last summer wer due to external factors

Greece to Sell 10% Stake in National Bank as Part of Banking Sector Privatization
English Edition |

Greece to Sell 10% Stake in National Bank as Part of Banking Sector Privatization

This means that Greece could raise up to 727.2 million euros from the sale

ELSTAT: Retail Trade in Greece Slightly Down in July
English Edition |

ELSTAT: Retail Trade in Greece Slightly Down in July

The concerning figures come in spite of the summer sales by retailers, as consumers are trying to make ends meet due to the rising cost of living

Austria’s Far Right FPO Wins General Elections
English Edition |

Austria’s Far Right FPO Wins General Elections

The projected victory highlights the electorate shift in Europe toward hard right parties caused largely by rising concerns over immigration levels.

New Labor Market Characteristics and Changes Revealed in ECB Report
English Edition |

New Labor Market Characteristics and Changes Revealed in ECB Report

60 % of the companies admitted that attracting skilled employees has become more difficult due to wage levels

Greece Plans New Early Debt Repayment for 2025
English Edition |

Greece Plans New Early Debt Repayment for 2025

This subsequent debt repayment is expected to be completed by Sept. 2025, with an amount of at least 5 billion euros

PM Mitsotakis Highlights GSI Project Securing Europe’s Energy, in Weekly Review
English Edition |

PM Mitsotakis Highlights GSI Project Securing Europe’s Energy, in Weekly Review

Mitsotakis highlighted that the increase in interconnections among European countries’ networks is a critical factor in promoting the green transition

Wine Tourism Emerges as a Promising Asset for Greek Tourism
English Edition |

Wine Tourism Emerges as a Promising Asset for Greek Tourism

"When visitors return to their home countries and see a Greek wine in the market, they will remember it and buy it. Essentially, we have 33 million potential ambassadors for our wine"

CERN: Greek Prof. Elected as Next President of its 2-Year Council
English Edition |

CERN: Greek Prof. Elected as Next President of its 2-Year Council

Prof. Costas Foudas, who heads the high physics group at the University of Ioannina, will assume the prestigious post of president of the CERN council, for the 2025-27 period

Piraeus Port Authority Posts Vibrant 1H 2024 Results
English Edition |

Piraeus Port Authority Posts Vibrant 1H 2024 Results

Total revenues for the January-June 2024 period reached 107.1 million euros, compared to 102.4 million euros in the corresponding period of 2023

Risk of Poverty Up in Greece, According to Stats Authority
English Edition |

Risk of Poverty Up in Greece, According to Stats Authority

A risk of poverty, not actual poverty, threatens 18.7% of the population in 2023, an increase from 17.4 % the previous year

ELSTAT: Rising Living Costs in Greece, Avg. Spending Up 5.3% 2023
English Edition |

ELSTAT: Rising Living Costs in Greece, Avg. Spending Up 5.3% 2023

The highest average annual expenditure was recorded in the Attica region, amounting to 23,325.96 euros, while the lowest was in Central Greece, at 14,052.24 euros.

One in Four Greek Businesses Violate Minimum Wage Law
English Edition |

One in Four Greek Businesses Violate Minimum Wage Law

The government instituted an additional 40-euro pay rise to employees earning the minimum wage in Greece last April

Study: Six Greek Companies Among Europe’s Best Workplaces in 2024
English Edition |

Study: Six Greek Companies Among Europe’s Best Workplaces in 2024

This recognition highlights the growing influence of Greek businesses at a European level, leading the way in creating great workplaces for all

Greece Faces Worst Talent Retention Crisis in Years
English Edition |

Greece Faces Worst Talent Retention Crisis in Years

According to research by the ENA Institute, over 280,000 economically active people left Greece between 2019 and 2022

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