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English Edition

Greece Posts €1.37 Billion Cash Primary Surplus in First Eight Months of 2024
English Edition |

Greece Posts €1.37 Billion Cash Primary Surplus in First Eight Months of 2024

Specifically, from Jan. to Aug. 2024, the central government recorded a cash surplus of 1.368 billion euros, compared to a deficit of 964 million euros in the same period of 2023.

Greece to Launch 600-Mln-Euro Greenhouse Program
English Edition |

Greece to Launch 600-Mln-Euro Greenhouse Program

The greenhouse sector is already one of the most dynamic areas within the primary sector and presents a viable solution to the pressing issues caused by the climate crisis.

Greece Tops EU in Non-Performing Loans (NPLs)
English Edition |

Greece Tops EU in Non-Performing Loans (NPLs)

The country has 3.3% compared to the Union’s 1.9% average in the first quarter of 2024, according to a study by OCTANE Management Consultants, an Athens-based business consulting and services firm.

Eurostat: Greek Inflation at 3.2% in August, Eurozone at 2.2%
English Edition |

Eurostat: Greek Inflation at 3.2% in August, Eurozone at 2.2%

The annual inflation rate for the European Union was 2.4% in August 2024, down from 2.8% in July, while a year earlier, it stood at 5.9%.

Eurobank: Green Bond Oversubscribed by 5.4 Times
English Edition |

Eurobank: Green Bond Oversubscribed by 5.4 Times

This allowed Eurobank to raise 850 million euros and reduce the bond’s credit spread to 180 basis points, down from the initial indicative offer of 210 basis points.

Greece to Reissue 10-Year Bond on Wednesday
English Edition |

Greece to Reissue 10-Year Bond on Wednesday

The purpose of the reissuance of these Greek government bonds is to meet investor demand while also facilitating the functioning of the secondary bond market.

Blast on Airplane in Crete Delays Departure
English Edition |

Blast on Airplane in Crete Delays Departure

The explosion was likely caused by an electronic cigarette and a power bank in a handbag left by a passenger in her seat

Andros – A ‘Hidden Paradise” Worth Exploring
English Edition |

Andros – A ‘Hidden Paradise” Worth Exploring

German site introduces its readers to the second-largest Greek island of the Cycladic cluster, lauding its idyllic beaches, and exceptional local cuisine

Govt Announces More Regulations For Short-Term Rentals
English Edition |

Govt Announces More Regulations For Short-Term Rentals

This legislation will impose new obligations on property owners offering AirBnB-like leasing, mostly conditions related to health, safety and operational guidelines

Ellinikon: Major Real Estate Investment By Prokopiou Family
English Edition |

Ellinikon: Major Real Estate Investment By Prokopiou Family

Lamda Development cited a consideration of 150mln€ for the land transaction with a Prokopiou -owned company, with a total investment billed at half a billion

Commission Pres. Unveils New EU Lineup, Tzitzikostas among Appointees
English Edition |

Commission Pres. Unveils New EU Lineup, Tzitzikostas among Appointees

Additionally, she pointed out the gender balance in her team, with 11 women making up 40% of the European Commissioners, though she remarked that when the initial nominations were submitted, the figure stood at just 22%.

Greece Launches Startup Visa to Boost Foreign Investment and Tech Talent
English Edition |

Greece Launches Startup Visa to Boost Foreign Investment and Tech Talent

The program is anticipated to attract investors as the investment required for the Startup Visa is significantly lower, compared to the 400,000 euros necessary for the acquisition of the Golden Visa.

Greek Economy Expands 2.3%, Boosting Growth Outlook Through 2028
English Edition |

Greek Economy Expands 2.3%, Boosting Growth Outlook Through 2028

For 2024, the growth rate of the Greek economy is now expected to reach 2.14%, up from the previous estimate of 2.09%

Greece Introduces Cruise Passenger Levy, Tightens Rules on Short-Term Rentals
English Edition |

Greece Introduces Cruise Passenger Levy, Tightens Rules on Short-Term Rentals

Specifically, the minister announced a cruise passenger levy of 20 euros per person disembarking at the ports of Mykonos and Santorini, and 5 euros at other Greek ports, applicable from June 1 to Sept. 30

Cyprus Set to Decide on GSI Energy Interconnection Project
English Edition |

Cyprus Set to Decide on GSI Energy Interconnection Project

The Cypriot cabinet is set to decide on the agreement tomorrow, with President Christodoulides expected to convey the positive decision to Greek Prime Minister Kyriakos Mitsotakis during his visit to Athens on Thursday, September 19.

Bank of Greece: Apartment Rents Continue to Rise
English Edition |

Bank of Greece: Apartment Rents Continue to Rise

The central bank reported that, on the whole, apartment rentals rose at an annual rate of 13.8% in 2023, compared to 11.9% in 2022.

Greek Government Weighs Freeze on Property Tax Values to Tackle Housing Crisis
English Edition |

Greek Government Weighs Freeze on Property Tax Values to Tackle Housing Crisis

Another increase in tax values to match current market levels would likely trigger a further spike in real estate prices, exacerbating the already severe housing problem.

European Governments Sell Bank Shares, Recovering a Fraction of Bailout Funds
English Edition |

European Governments Sell Bank Shares, Recovering a Fraction of Bailout Funds

The Greek government, as noted by the Financial Times, provided 50 billion euros to the country’s four largest banks during its prolonged debt crisis

Societe Generale (SoGen) ‘Bullish’ on European Periphery Markets
English Edition |

Societe Generale (SoGen) ‘Bullish’ on European Periphery Markets

The French firm says Portugal, Italy, Ireland, Greece, and Spain are good options for investors due to economic growth and political stability

Sounion Tanker Salvage Operation Underway in Yemen
English Edition |

Sounion Tanker Salvage Operation Underway in Yemen

Earlier this morning, the Greek rescue vessel arrived on the site, accompanied by strong military forces, including three frigates, helicopters, and a special forces unit

Moody’s Retains Ba1 Rating For Greece; Outlook Positive
English Edition |

Moody’s Retains Ba1 Rating For Greece; Outlook Positive

Moody’s is the last of the major credit rating firms not to have upgraded the Greek economy to 'investment grade', retaining the Ba1 rating - a notch below

Greek Businesses Posted a 12.7% Increase in Turnover Last July
English Edition |

Greek Businesses Posted a 12.7% Increase in Turnover Last July

The data concerns companies maintaining double-entry bookkeeping, and for which monthly data are available.

Prime Minister Mitsotakis Urges EU to Tackle Energy Crisis as Prices Surge
English Edition |

Prime Minister Mitsotakis Urges EU to Tackle Energy Crisis as Prices Surge

"Something is not working properly. I don’t expect immediate solutions, but at least someone should address this."

Τελευταίες Ειδήσεις

Μητσοτάκης: Έχουμε λάβει πάνω απο το 50% των πόρων του Ταμείου Ανάκαμψης
Έχουμε λάβει πάνω απο το 50% των πόρων του Ταμείου Ανάκαμψης, τονίζει ο πρωθυπουργός Εκτακτο δελτίο καιρού - Νέα επιδείνωση με καταιγίδες, θυελλώδεις ανέμους και χιόνια Μύθοι και αλήθειες για τον υπερτουρισμό στην Ελλάδα- Τι δείχνει έρευνα του ΣΕΤΕ  Από τον χαλκό στην οπτική ίνα - Η νέα εποχή στο διαδίκτυο
ΑΑΔΕ: Υπάλληλος της υπηρεσίας σε κύκλωμα λαθρεμπορίας ποτών – Διατάχθηκε εσωτερική έρευνα
Υπάλληλος της ΑΑΔΕ σε κύκλωμα λαθρεμπορίας ποτών – Διατάχθηκε εσωτερική έρευνα Μητσοτάκης: Η προστασία των συνόρων είναι αναπόσπαστο μέρος της μεταναστευτικής στρατηγικής Οδηγίες... επιβίωσης τα Χριστούγεννα - Πώς να γιορτάσετε χωρίς να αδειάσει το πορτοφόλι Μαγδεμβούργο: Προφυλακίστηκε ο δράστης της φονικής επίθεσης – Στο μικροσκόπιο οι συνωμοσιολογικές του θεωρίες
Μεξικό: Η πρόεδρος ελπίζει ότι θα απαγορευτεί η καλλιέργεια ΓΤ καλαμποκιού
Το Μεξικό προς απαγόρευση μεταλλαγμένου καλαμποκιού - Νέα κόντρα με τις ΗΠΑ; Η αγορά kidult και πώς η Lego κατέκτησε τα... «μεγάλα παιδιά» Θετικό το αφήγημα για το ΧΑ και για το 2025 - Τι λένε οι αναλυτές Καιρός: Κρύο και καταιγίδες από το απόγευμα – Σε ποιες περιοχές θα χιονίσει
Κίνα: Παίρνει τα μέτρα της περιμένοντας τον Τραμπ – Η στρατηγική της στο εμπόριο
Πώς προετοιμάζεται η Κίνα για να «υποδεχθεί» τον Τραμπ Πόσο καλή ιδέα είναι μια ειρηνευτική δύναμη της Ευρώπης στην Ουκρανία; Κεφαλογιάννη: Πάνω από 20 δισ. τα τουριστικά έσοδα το 2024 Χριστούγεννα: Κορυφώνεται η κίνηση στην αγορά – Τι πρέπει να προσέχουμε

Γιατί μπαίνουν στον πάγο επενδύσεις, η λύση Στουρνάρα, τα αντανακλαστικά της Attica Bank, ο χαρούμενος Μανουσάκης

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