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OT |

English Edition

Greek State to Auction 26-Week T-Bills on Wednesday
English Edition |

Greek State to Auction 26-Week T-Bills on Wednesday

The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)

Mytilineos: ‘Meaningful Action Immediately’ Needed by Commission Over CRMs
English Edition |

Mytilineos: ‘Meaningful Action Immediately’ Needed by Commission Over CRMs

The CEO of the recently renamed Metlen Energy & Metals group said 'tangible measures' are required to protect European industry; cites article on CRMs

Greece Sets Fixed Prices for Basic School Supplies
English Edition |

Greece Sets Fixed Prices for Basic School Supplies

The ‘School Supplies Basket’ goes into effect on Aug. 28 and aims to support families with children by keeping school goods prices low

BoG: Greek Tourism Surges 12.2% in 1st Half of 2024
English Edition |

BoG: Greek Tourism Surges 12.2% in 1st Half of 2024

According to the BoG figures, travel revenues in the first six months of 2024 reached €6.9 billion, compared to €6.1 billion in the same period of 2023, generating an additional €754 million in 2024 compared to 2023

Eurostat: Inflation in Greece at 3% in July – Above EU Average
English Edition |

Eurostat: Inflation in Greece at 3% in July – Above EU Average

The European Union’s (EU) annual inflation rate was 2.8% in July, compared to 2.6% in June, compared to last year when it stood at 6.1%

Current Account Balance Deficit at €8.8 billion in 6-Month Period
English Edition |

Current Account Balance Deficit at €8.8 billion in 6-Month Period

In June 2024, the current account balance recorded a surplus of €270.8 million, compared to a deficit in the same month of 2023

Greece on Red Alert for More Violent Storms and Flooding
English Edition |

Greece on Red Alert for More Violent Storms and Flooding

The Hellenic National Meteorological Service (EMY) warns of rain, thunderstorms, hail, and lightning in many areas of Greece

Greece’s Demographics to Drive Post-2027 Retirement Age Hike
English Edition |

Greece’s Demographics to Drive Post-2027 Retirement Age Hike

While the Greek government has promised not to change the retirement age until after 2027, studies show that the country's demographics issues may necessitate drastic measures soon after

Greece Second in Informal Employment among Eurozone
English Edition |

Greece Second in Informal Employment among Eurozone

High levels of informal employment place Greece and Portugal at the top, reflecting deep-rooted challenges in labor regulation

Greece Tax Statements: Olympian-Level Tax Evasion Again Suspected
English Edition |

Greece Tax Statements: Olympian-Level Tax Evasion Again Suspected

One in two self-employed professionals in the country declared, in tax statements, an average monthly Income in 2023 of …268 euros

New ‘Greece 2.0’ Plan Task Force for RRF to Monitor Projects
English Edition |

New ‘Greece 2.0’ Plan Task Force for RRF to Monitor Projects

The unit is scheduled to hold weekly meetings and will be tasked to map out the progress of pending projects under the Recovery Fund

Primary Surplus at €5.683 billion Jan.-Jul. 2024
English Edition |

Primary Surplus at €5.683 billion Jan.-Jul. 2024

Greek state budget deficit for January-July 2024 amounted to €121 million, significantly lower than the target of €3.745 billion

High Alert on Sat. for Wildfires Across Much of Greece
English Edition |

High Alert on Sat. for Wildfires Across Much of Greece

Two major blazes on the day in Kozani, Thesprotia prefectures

Express Visa Plan – Influx of Turkish Tourists to Greek Isles
English Edition |

Express Visa Plan – Influx of Turkish Tourists to Greek Isles

According to the German media outlet Rheinische Post, this has negatively affected popular Turkish coastal destinations like Bodrum and Cecme, which are almost empty

Revenues Up for Accommodation, Food Services Sectors in Q2 2024
English Edition |

Revenues Up for Accommodation, Food Services Sectors in Q2 2024

According to ELSTAT, revenues in the two sectors increased overall, but Mykonos and Santorini reported a steep decline

Higher Than Normal Temperatures Expected in September
English Edition |

Higher Than Normal Temperatures Expected in September

Meteorologists are forecasting warmer temperatures in September after Greece reported hottest July on record.

GDP up by 0.3% in Eurozone, EU for 2Q 2024
English Edition |

GDP up by 0.3% in Eurozone, EU for 2Q 2024

Compared to the same quarter of the previous year, seasonally adjusted GDP increased by 0.6% in the Eurozone and by 0.8% in the EU

Climate Change Hits Greek Economy Hard, Severe Risks Ahead
English Edition |

Climate Change Hits Greek Economy Hard, Severe Risks Ahead

Central Greece, Western Greece, and the Peloponnese are particularly susceptible to forest fires, while Eastern Macedonia and Thrace are vulnerable due to disparities in per capita GDP

Massive Wildfire Front North of Athens; Evacuations Continue
English Edition |

Massive Wildfire Front North of Athens; Evacuations Continue

Τhe conflagration in northeast Attica prefecture (greater Athens area) erupted instantaneously amid gusty winds near the township of Varnavas, before spreading south towards Mt. Penteli

Greek Industrial Production Up by 9.5% in June 2024
English Edition |

Greek Industrial Production Up by 9.5% in June 2024

The Overall IPI in June 2023 decreased by 3.0% compared with the corresponding index in June 2022.

Social Security Fund Employee Arrested for Demanding Bribe
English Edition |

Social Security Fund Employee Arrested for Demanding Bribe

Police said woman, 49, was nabbed 'red-handed' after receiving a folder filled with 4,000€, ostensibly to 'facilitate' the issuance of a disability pension

Greek Road Tourism Booms, Eyeing Record 2024
English Edition |

Greek Road Tourism Booms, Eyeing Record 2024

The Kipoi (Kipi) border station recorded the highest absolute increase, with 457,000 arrivals, an increase of 115,000 or 33.5%.

Greek Doctors Issue Safety Advice for Vacationers
English Edition |

Greek Doctors Issue Safety Advice for Vacationers

The Athens Medical Association offers tips to prevent accidents and health problems during the summer holidays.

Deadline for Self-Employed Professionals to Register for Inter-Bank Payment System Pushed Back a Few Days
English Edition |

Deadline for Self-Employed Professionals to Register for Inter-Bank Payment System Pushed Back a Few Days

Greece’s independent tax bureau, AADE, announced the two-day deadline extension this week, given that the previous deadline of Aug. 31 fell on a Saturday

Capital Economics: Greek GDP Boosted by Tourism
English Edition |

Capital Economics: Greek GDP Boosted by Tourism

The independent economic research business based in London appears reassuring regarding the effects of climate change on tourist activity.

Int’l Students Will Soon Need ETIAS for Stays in Europe
English Edition |

Int’l Students Will Soon Need ETIAS for Stays in Europe

Starting next year, foreign nationals planning to study in Europe will be required to present ETIAS approval for entry and short-term stays.

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